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Pitfalls of buying properties with casual friends - The Straits Times

A bitter falling-out over a $700,000 property that left two friends at each other’s throats is a stark warning of the risks of going into an investment with pals or acquaintances.

It might sound like a smart move to spread the costs and opt for the “safety in numbers” approach, but if things go haywire, they can get very ugly indeed.

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