Hi Kelly,

Thank you for your recent inquiry. There are many variables to know if this is a smart investment such as home appreciation, market conditions, type of property, condition and location so difficult to give a yes/no answer.

The relationship with your boyfriend is another choice as to your contribution vs.. his. For basic equity sharing questions I suggest reading this article. This San Francisco attorney can provide an agreement for I believe about $1200, maybe less. http://www.andysirkin.com/HTMLArticle.cfm?Article=5

This web site also has generic deal agreements you can purchase for less that might fit your situation. http://www.virginmoneyus.com/

You might want to search this web site for legal agreements. www.uslegal.com I would definitely have something in writing between the two of you. You need to approach the agreement from the perspective of if you bought a home together and you split up, how would this be resolved? Could you buy him out, he buy you out or if you sell, how much do you/he get if the home appreciates by X% in a couple years based on your cash contribution going into the purchase.

Regards, Mark Stoner