Is it ok to co sign for a loan?

My best friend for the past 30 years has asked me to co-sign for a loan on a tiny home she wants to purchase. Her income has dropped since the pandemic and she can no longer afford to pay rent on her large apartment. She has saved enough for a downpayment and all she needs is someone to co-sign with her for approval on the new mortgage. Is this a good idea? What are the risks involved? by bastian31 from Bayview, Idaho. Oct 19th 2021 Reply