In a podcast @brentin hess mentioned in passing paying someone to be a co-signer. Has anyone here done that? What is a reasonable payment for the other person, and how fast can you get them off the loan?
When someone co-signs for a loan, they are taking on FULL responsibility for the loan. If you default they will have to pay. If you miss payments it affects their credit. The full payment and full loan balance affects their ability to get a loan. You could not possibly pay me enough to do this.
You get them off the loan by refinancing. So, how fast can you do that?