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.
Buying & Selling Real Estate
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 7 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Stacy Montes
  • Real Estate Investor
  • San Jose, CA
3
Votes |
6
Posts

Inherited mom's house and her debt too. What should I do?

Stacy Montes
  • Real Estate Investor
  • San Jose, CA
Posted

My mom died last month leaving behind a home and a huge burden of debt. I'm emotionally attached to the house and I don't want to sell it. Being a single mom, I don't have enough to pay off her debt. What is the best thing that I can do? The family house is a duplex. Will it be a good idea to sell a part of it and get rid of some portion of debt? Later, I can probably look for ways like negotiation or consolidation and pay off what remains. Another idea that is coming to my mind is to rent out the floors to two tenants. Too stirred up emotionally to take the right decision after losing my pillar of support. 

Most Popular Reply

User Stats

18
Posts
6
Votes
Kealoha Lee
  • Flipper
  • Juneau , AK
6
Votes |
18
Posts
Kealoha Lee
  • Flipper
  • Juneau , AK
Replied

You arent responsible for your moms personal debts!

Loading replies...