Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Steven N Nelson
4
Votes |
9
Posts

Buying a property for separated spouse to live as a first invest

Steven N Nelson
Posted

Newbie investor here looking for any flaws in a plan that came to mind.  My spouse and I have recently separated and she is looking for a better place to live but cannot afford down payment for loan.  I was thinking of buying a property as an investment property and renting it out to her. I know the property she is looking at she will be able to afford, will probably be less than rent and storage fees she is paying now.  I look at it as a buy and hold as she is just paying off the mortgage for me.  Anything I may not be thinking about as a downside to plan?

Most Popular Reply

User Stats

2,254
Posts
2,470
Votes
Eric James
  • Investor
  • Malakoff, TX
2,470
Votes |
2,254
Posts
Eric James
  • Investor
  • Malakoff, TX
Replied

Horrible idea. If you are going to divorce you need to have a clean break. In all ways.

Loading replies...