Updated over 2 years ago on . Most recent reply
What is the best way to buy my aunt’s house?
I’m trying to get some advice on the most efficient way of buying my aunt’s house. She is in no rush to receive the funds and the property does not have a mortgage.
I’m currently short on cash and my idea was to transfer the ownership to my name and after 6 months do a cash out refi to give her the funds.
Agreed sale price: $190,000
ARV: $240,000
Is a quit claim deed the best way?