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All Forum Posts by: Account Closed

Account Closed has started 0 posts and replied 2 times.

Buying & Selling Real Estate

Post: Deciding on Selling Beach House

Account ClosedPosted
  • Real Estate Agent
  • Concord, NC
  • Posts 2
  • Votes 1
Quote from @Joshua Morton:
Quote from @Account Closed:

Hi Joshua, so sorry for the loss that resulted in the inheritance. Could you find out your sister's motivation? If she just wants a lump sum payment, try doing a cash out refi and use the rental income to pay the mortgage. I have MLS access down there and would be happy to run Comps for you if helpful, or if you need a lender I have a guy for that too.


 The house is actually paid off.  Could I just pull some equity out of the home to pay my sister's half?

You should be able to, especially if there is a cash flow from rental income.  Consider calling up your favorite mortgage lender or banker.


0 Votes
Charlotte, North Carolina
Buying & Selling Real Estate

Post: Deciding on Selling Beach House

Account ClosedPosted
  • Real Estate Agent
  • Concord, NC
  • Posts 2
  • Votes 1

Hi Joshua, so sorry for the loss that resulted in the inheritance. Could you find out your sister's motivation? If she just wants a lump sum payment, try doing a cash out refi and use the rental income to pay the mortgage. I have MLS access down there and would be happy to run Comps for you if helpful, or if you need a lender I have a guy for that too.

1 Vote
Charlotte, North Carolina