Would this ruin a friendship?

After settling into college, I became good friends with a girl two doors down from me and her friends and now they are my main hangout group. In addition, I have had this goal in mind to lose my virginity as fast as possible in college. This past weekend, I heard that she was also trying to lose her virginity as well and someone suggested we should hook up. Is this the best option? Would this absolutely throw a wrench into our friendship? Neither of us have feelings, but I don't know how or if it would change if we had sex.
Would this ruin a friendship?
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