Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Questions About BiggerPockets & Official Site Announcements
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 6 years ago,

User Stats

20
Posts
2
Votes
Yangjee Sherpa
  • Investor
  • Santa Fe, NM
2
Votes |
20
Posts

BP Family...Your input matters and have helped me so much.

Yangjee Sherpa
  • Investor
  • Santa Fe, NM
Posted

So...the story is, not gonna be long :) I and my partner recently bought this house but the mortgage is only under my partner's name ( I currently live in the house with my partner) . We recently made a document called "Tenants in common" deed to have as a proof that I have 50% ownership. We have to live at least a year to be able to give for a rent.

Now we are thinking of going different direction. Is there any way I can transfer the whole property under my name and even the mortgage so my partner can go ahead and look for another property. I am trying to find a way so that I do not have to pay another closing fee and my partner can able to buy another house without showing any obligation to current property mortgage.  

Thanks in advance. 

Loading replies...