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Updated almost 4 years ago on . Most recent reply

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9
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8
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Shelby Van Horn
8
Votes |
9
Posts

Flipping a House During a Divorce

Shelby Van Horn
Posted

Hi everyone.  I have a question I'm having a difficult time finding a clear answer to.  My partner and I are new to real estate investing and are trying to do our first fix and flip.  We have figured out funding, but we overlooked a pretty major detail.  He is in the middle of a divorce in California that will be finalized in July.  Will this affect being able to purchase and flip a property?  If it makes any difference, we will be using a line of credit and hard money loan, so we won't be involved with a traditional mortgage.  We were talking about it just now and think there will probably be an issue when it comes time to take the title.  Any advice?  Thank you.

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