Three Broke College Grads Buy House, Accidentally Grown Up
In a bold move to adulting, Cole, Stefan, and Scott, who met in high school and studied finance, pooled their pennies and purchased a $357,500 Tampa condo together. Cole said, 'We each didn't have $90,000 lying around, so splitting the down payment made it possible.' They formed an LLC, dealt with mortgages, and even rented the place to military students for $2,100 a month, sometimes chipping in to cover rent shortfalls... but hey, 'operating at a slight loss has had its tax benefits!' These financial rookies are not just buying property; they're buying a lifetime of spreadsheets and friendship! Isn't life just AMAZING?!
Share the Story
(1 of 3)When your squad can’t individually afford a house, just liquidate your friendship into a condo LLC! At least now they have a 7.625% mortgage to whisper sweet nothings to every night. Adulting: conquered. #RoommateGoals
Nothing says bromance like a joint mortgage and split AC bills! Three young men turn friendship into a real estate startup — who needs solo bankruptcy when you can share the pain? #TeamworkMakesTheDebtWork
Forget startups, the real innovation is co-owning a condo with your high school buddies. Watch out venture capitalists, these kids have mastered the art of financial friendship! #SquadGoalsButMakeItMortgages
Source: Businessinsider | Published: 8/11/2025 | Author: Alcynna Lloyd
More Articles in Business
Texas Gov. Blames Data Centers for Digging Their Own Electric Grave
Texas Governor Regrets Encouraging Giant Server Barns, Now Halts 1800 Projects
Top Democrats and Trump Son-in-Law Meet Secretly, Assume Peace Talks or Reality TV Reunion
Audit Giant Reports 1% Revenue Dip, Economy Still More Stable Than Their Punchlines
Man Explains Working Eastern Time Means Nights and Absolute No Sunshine
Nike Says Sprinting Faster Could Pay Your Rent, Just Slightly Less Than Manhattan Price
Executive Coach Declares War on Sunday Night Work, Monday Morning Meetings
Brooklyn Software Engineer Pays $159K to Rentatech His Life to NYC
