How can I buy out my partner?
Hi,
In 2015 I bought a rental property with my mother. We are both on the loan. Both of us have continued to grow our portfolios and in order to maximize our Fannie/Freddy loans, I want to buy her out. How do I do this? I hear people say it all the time, but what are the mechanics? Do we have to refinance or is there a way to do this like a normal sale? Any advice would be much appreciated.
Thanks,
Daniel