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Updated almost 9 years ago on . Most recent reply

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David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
1,652
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970
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Transferring Title from two cosigners to one?

David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
Posted

Hi!

So I have a partner who is cosigning a rental with me just for the sake of using her capital as the downpayment. However she wants to be off the title so it doesn't tie up her credit. I've been reading about Quitdeeds, but Do I have to refinance in order to get her off?

I would rather not fork over a couple grand at closing just to transfer all ownership to me. Also how long before I am legally allowed to take her off?

-David

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