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Updated about 9 years ago on . Most recent reply

Jason V.'s profile image
Jason V.'s profile image
Jason V.
  • Investor
  • from Milwaukee, WI
  • Member since Apr 11, 2012
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User Stats

101
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39
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Jason V.'s profile image
Jason V.'s profile image
Jason V.
  • Investor
  • from Milwaukee, WI
  • Member since Apr 11, 2012
Connect
Jason V.
  • Investor
  • Milwaukee, WI
39
Votes |
101
Posts
Buying & Selling Real Estate

Inherited Triplex

Jason V.
  • Investor
  • Milwaukee, WI
Posted

My wife will be inheriting a triplex in the near future. There is currently a mortgage of about $100,000 on it and the building is worth $160,000. Will she just have to continue paying the mortgage when it is turned over to her or will we have to refinance the property? The property will not be owner occupied. We would like to keep it to add to our rental portfolio for income later in life. Thanks for all replies. 

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