Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Private Lending & Conventional Mortgage Advice
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 9 years ago on .

User Stats

97
Posts
23
Votes
Debra R.
  • Redford, MI
23
Votes |
97
Posts

possibility of 1 partner getting a loan?

Debra R.
  • Redford, MI
Posted

My future ex husband and I will co-own our rental property after the divorce (very amicable).  We don't have any worries about getting along as business partners. We are looking for some advice though.  

What suggestions do BPer's have for how best to hold the title.  We are thinking that tenants in common may be best.  

The goal is for him to be able to take out a loan to buy a house using only his half of the property as collateral.  Anyone know if this is possible?  If so would the interest rates be higher than on a conventional loan?  

My goal is to be able to hold on to the property and not have to buy him out yet.  

Thanks in advance for all your wisdom!