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Updated over 3 years ago on . Most recent reply

Gregory Washington's profile image
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Gregory Washington
  • from San lorenzo, CA
  • Member since Sep 24, 2017
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Gregory Washington's profile image
Gregory Washington's profile image
Gregory Washington
  • from San lorenzo, CA
  • Member since Sep 24, 2017
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Gregory Washington
  • San lorenzo, CA
36
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30
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General Landlording & Rental Properties

Looking to buy out siblings in a probate situation

Gregory Washington
  • San lorenzo, CA
Posted

My mom passed in January. I am looking for a lender who can help me buy out my siblings. We will get roughly 65k each but the banks and underwriters are in the way! Any suggestions? 

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David Bilandzija's profile image
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David Bilandzija
  • Lender
  • from Venice, CA
  • Member since Apr 29, 2021
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David Bilandzija's profile image
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David Bilandzija
  • Lender
  • from Venice, CA
  • Member since Apr 29, 2021
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David Bilandzija
  • Lender
  • Venice, CA
126
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174
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David Bilandzija
  • Lender
  • Venice, CA
Replied

@Gregory Washington 

Depending on the equity involved, a cash out refinance loan could be structured with a change in vesting to reflect your name only.  The cash out proceeds could be used to buy out your siblings leaving you alone on title.  

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