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
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 about 8 years ago on . Most recent reply

Account Closed
  • Property Manager
  • Fallon, NV
0
Votes |
2
Posts

2 co-owners on title to property, one co-owner wants to buy out.

Account Closed
  • Property Manager
  • Fallon, NV
Posted

2 co-owners (on title as joint tenants) to a residential property market valued at 218k in equity with no current mortgage, one co-owner wants to buy out the other co-owner for half of the market value at 109k with 9k down. What would be considered the most logical method to use in this situation? Creative financing, a home equity line of credit, or cash out refinance, ect? A conventional 15 or 30 year mortgage would not be applicable at this point I would assume since the property is already purchased. Any advice would be greatly appreciated. Thanks BP!

Loading replies...