Co-signing for a refinance?

[Cesar Ramirez-Fajardo]

Hello all,

I am thinking about co-signing a refinance on a condo for my mom which she rents out and has tenants. The current loan is at 7% and it cash flows $100. 

How would this affect me when purchasing a property of my own in the next 6-7 months? Is this a good or bad idea? 

Please advice on all pros and cons.

Thank your for your time. 

Very Respectfully,

Cesar Ramirez-Fajardo