Your friend is awesome: Before the actual hook-up happens, there are a couple important things to consider.
To help you decide if hooking up with your friend is the best idea or not, consider these pros and cons! Hooking up with a friend could confirm if you both actually want to become more than friendssomething that you may have only realized because you did hook up.
If you and your friend are in the same friend group, you might try to keep it a secret if it was a one-time deal and you want to move past it. Too bad word travels fast.