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Updated about 4 years ago on . Most recent reply

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101
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32
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Ibrahim Yamini
32
Votes |
101
Posts

Am I wrong? Wife wants her name on investment properties

Ibrahim Yamini
Posted

Last year me and my wife had a not so great credit score.  Hers was significantly lower than mine and my real estate agent advised me that when I buy a second property, just have my name on it for simplicity.  It’s been over a year and I’ve reached the 760s and she’s in the 750 credit score range.

I’m finally in a position to acquire a second property and my wife said she wants her name on it.  I personally don’t want her name on the investment properties just so I can have a little more freedom of movement.  I want to be able to sell and refinance as I please without having to ask for her signature every single time.  It just seems like it will be a hassle.   I tried explaining to her that this is a business and I have to treat it as such but she wasn’t having it.

Am I wrong for not wanting her name on the investment properties?


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