Creativity during divorce...

[Brianne Leichliter]

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?

[Joe Splitrock]

@Brianne Leichliter I would recommend patience and wait until things are finalized. Realistically how long will that take, 6 months? Even a year isn't very long in the grand scheme of things. Divorce is a big change and many things go along with that. Waiting until it in your past to start investing will give you a clean slate and clear mind.