How to qualify is the challenge right now.
Should you lower your standards and buy a much cheaper home?
Should you buy a fixer upper and spend night and day repairing your new home?
What about partnering with someone?
It’s what the Real Estate Millionaires do. Most investors in Real Estate have partners and this allows them to qualify for more purchases.
What home would you buy if all of the sudden your income doubled or even tripled.
You can double or even triple your qualifying income with our Partner Program called DubbleUpp.
Sign Up as a Buyer or Investor
Then, Get MatchedUpp
Finally, DubbleUpp to Buy
Our DubbleUpp Agreement Protects You.
Our agreement recognizes in writing the many decisions that must be made when buying a home with someone. Just to name a few:
- Type of ownership on the deed
- What happens when someone misses a payment
- Who gets which bedroom
- What happens if someone wants out early
- And much, much more
Use Our Matching App.
The DubbleUpp app uses proven technology to match future homeowners together. Our algorithm analyzes over 30 data points including income, assets, credit, personal details, social habits, home preferences and much more to give you a relative compatibility score with other users.
Our Process Puts You in Control.
DubbleUpp gives you more options to buy.
1. Apply Online
Complete information for Matching and Buying
1. Get Approved
See how much more you can buy with DubbleUpp
Match with your DubbleUpp partner
4. Buy Your New Home
Buy the home you want with the payment you can afford
Buyer + Buyer
Friends don't let friends pay rent.
This is the first platform that lets you split the costs of buying a home. Stop wasting money on rent and start building equity.
Have you ever wanted to own a home with a friend, family member, coworker, or someone new? This is your chance.
Who can DubbleUpp?
The opportunities with DubbleUpp are endless! You can buy a home with a friend, family, co-workers, a roommate, or someone completely new.
A New Friend
DubbleUpp Success Stories
Latest Success Story
I did a DubbleUpp with my brother in 2020 because I wasn’t able to purchase the home I wanted on my own. We split the down payment and monthly payment in half and now we have over $100k in equity! DubbleUpp has an All in One Real Estate services program where they help you find the home and help you get the loan too. Thank you DubbleUpp for making our dreams of homeownership possible 🙂
FREQUENTLY ASKED QUESTIONS
Given the qualifications for a DubbleUpp, this should be a very rare occurrence, but still something the DubbleUpp agreement covers.
Even if you are friends with someone, you’ll want to have some framework for making financial decisions. This will help prevent larger arguments in the future. If the other party pays the missed amount on the mortgage, there are multiple ways you can handle it. You can just require repayment with or without interest. You can add it to the amount the non-defaulting party contributed in the beginning and then adjust the equity. It can also be a choice of the non-defaulting party as to what remediation option to pursue.
The recommended term of a DubbleUpp is 5 years.
If you know you only want to be in an area for a few years, this does not exclude you from doing a DubbleUpp. You can agree upfront on allowing someone to rent the extra space. Once one or both parties leave the house, you will want to establish an agreement on how to handle maintenance and decision on the renters. If you are thinking about this, your DubbleUpp team can help you walk through options.
If both parties want to stay in the house more than 5 years, the contract can automatically renew for another year if both parties agree.
Life can change and you may unexpectedly not be able to continue living in the house or just want to move out because of an advancing relationship. By discussing that potential ahead of time and including conditions in the agreement, you’ll have a solid framework for decision making. You'll want to agree ahead of time on who approves renters, how is general maintenance covered with only 1 owner living in the house, and what happens to any rent amounts above or below the mortgage payment.
You both own the property and shouldn’t have to ask permission to have someone come over or even spend the night. Having what you are comfortable with included in your DubbleUpp agreement gives you the framework to know what is acceptable. We recommend agreeing up front on a certain number of days that are allowed. This prevents someone from becoming a permanent guest. Open communication about changes to your life will help make it easier if you need to go beyond what was initially agreed upon.
This can be a tricky piece of negotiation prior to agreeing to buy a home with someone. If you are looking to negotiate for the master or primary bedroom, here are some common items that we have seen people give up in exchange for the larger bedroom: extra bedroom for an office, garage space, parking space, paying more for utilities. To make it easier, you can also look for homes with 2 equally large bedrooms, a large bedroom with ensuite bathroom, or a large basement.
Pets are OK with us but you will both need to give it the stamp of approval.
All maintenance is split according to the DubbleUpp Agreement. The default value is 50-50, but that can be negotiated differently if both parties are responsible for different amounts of the mortgage or if one party uses more of the rooms in the house (home office). If you are also DubbleUpping with an investor, the investor would not be responsible for any normal maintenance below a certain threshold defined in the DubbleUpp Agreement. A home warranty may help control costs of unexpected expenses.
All upfront costs (down payment, closing costs) are split according to the DubbleUpp Agreement. The default value is 50-50, but that can be negotiated differently if both parties are responsible for different amounts of the mortgage or if one party uses more of the rooms in the house (home office). If you are also DubbleUpping with an investor, the investor will cover all upfront costs.
All maintenance is split according to the DubbleUpp Agreement. The default value is 50-50, but that can be negotiated differently if both parties are responsible for different amounts of the mortgage or if one party uses more of the rooms in the house (home office). If you are also DubbleUpping with an investor, all parties will be responsible for larger expenses as defined in the DubbleUpp Agreement. In that scenario, the investor will cover 50% of the costs and the buyers would split the remaining 50%. A home warranty may help control costs of unexpected expenses.
Any home improvements will have to be negotiated between all parties owning the home. Depending on who will use the improvements, it may not be a 50-50 split. The increased home value should also be considered in the negotiation. If there is a must-have improvement, this should be discussed prior to closing on the house to make sure everyone is in agreement.
Yes, this is something that can be done and is easily possible by adjusting the DubbleUpp Agreement. Adding an investor not only helps with upfront costs, but can also give additional assistance by sharing in the major expenses. A home warranty may also help control costs with unexpected expenses.
If you can’t agree on a house, then we can help match you with another buyer who may be a better fit for your house requirements. Part of the process is knowing what matters to you and finding someone with the same view.
That is a decision that will have to be discussed between you and the other party. Before putting in an offer, your real estate agent will give you a realistic idea of the estimated appraised value of the house. You can then have a discussion before putting in your offer so know who will be responsible for any extra amounts.
If you are matching with another buyer who will be living in the house, there are no qualifications for the program outside of normal loan program requirements. It is generally a good idea to match with someone in a similar credit/income level as you so neither party adversely affects the loan. If you are matched with someone you know, you may be ok if the rate you have to pay is a little more because of their credit. Our mortgage bankers will let you each know your credit position and you can make the decision if it is worth it or not.
The matching criteria when using the DubbleUpp.com site include credit, home qualification, home style, personal preferences, location, and habits. Although you may not be a 100% match for someone, you will see their profile so you can make a decision if those points matter to you. On the dubbleupp.com website, you will be able to control what preferences matter to you and control the compatibility score.
Mowing the grass (and any of the household chores) should be discussed upfront and divided up between the DubbleUpp parties. If someone can do more of the chores, maybe they get a break on utilities or maybe that is how they get the master bedroom. Another option is to pay for the service split the costs like any other monthly service.
You’ll have to check with each service, but most streaming services allow people in the same house to share a single service. This can be another advantage of doing a DubbleUpp versus renting on your own. If you are going to share services, know that viewing/purchase history is normally visible to anyone so just know that before you agree to share.
This can be a very tricky situation and can lead to petty arguments when someone uses the last of the milk and doesn’t replace it “fast enough”. We would generally advise against this but every situation is unique and you may be able to find a good solution talking through things early. One possible solution we have seen partially work is where all grocery receipts are split equally, and all food is then shared. That is normally only short term as people eventually end up slowly buying a few more things that only they like and then things end up being split up.
If you have done research into co-ownership, you most likely came across articles about these two ways to title a property. The way you title a property controls things like how ownership is transferred if one party dies, how you can use your share as collateral for loans, and how creditors can come after the property. With Joint Tenancy, ownership us transferred to the surviving owners if someone dies. You cannot pass it on through a will. Because of this reason, we normally advise for using Tenancy in Common. The other benefits of Tenancy in Common are being able to use your portion for collateral without permission from others and limiting the ability for creditors to force a sale of the property to go after one owner. There are special circumstances where Joint Tenancy may be better. This is something the DubbleUpp Certified team can help you understand.