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All Forum Posts by: Krunal Patel

Krunal Patel has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: selling a house to wife

Krunal PatelPosted
  • Wholesaler
  • The Colony, TX
  • Posts 2
  • Votes 0
Yes my wife has enough income. Lenders are not doing HELOC on rental property anymore.
0 Votes
Buying & Selling Real Estate

Post: selling a house to wife

Krunal PatelPosted
  • Wholesaler
  • The Colony, TX
  • Posts 2
  • Votes 0

hi i owned the small single family house in fort wort, TX.  its all paid house no mortgage on it. title is only under my name. Approx value $60000.00 i dont have enough income to to cash out refinance. some lenders are saying loan amount is too small so they cant do it. 

can I sell the house to my wife and get cash to invest more? i dont want to sell to 3rd person because it has good rental income. 

thank you

0 Votes