Skip to content
Buying & Selling Real Estate

User Stats

147
Posts
87
Votes
Daniel Mills
  • Investor
  • Kusatsu, Shiga
87
Votes |
147
Posts

How can I buy out my partner?

Daniel Mills
  • Investor
  • Kusatsu, Shiga
Posted Oct 28 2017, 04:54

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

Loading replies...