Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Innovative Strategies
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 5 years ago,

User Stats

59
Posts
77
Votes
Brianne Leichliter
  • Rental Property Investor
  • Cincinnati, OH
77
Votes |
59
Posts

Creativity during divorce...

Brianne Leichliter
  • Rental Property Investor
  • Cincinnati, OH
Posted

Hello!

So I am currently going through a divorce, and because I live in PA, it is a community state. Buying anything before a divorce is final is risky business, so I'm thinking about a creative strategy that I can get started with since I'm not sure how long the divorce will be until it is final.

I thought about seeing if there is something an attorney could write up that my spouse signs that he "gives up" any right to properties I purchase going forward, but I don't know if that would stick with a judge.

I have a potential partner, and I am wondering if I can work it out with my partner to buy and hold the property in the partner's name only until the divorce is final and then add me to the deed. This obviously would need to be a legal agreement to protect me from getting burned on the deal as I will be doing the property management. The partner is the money.

Am I crazy for thinking this could work?

Any advice?

Loading replies...