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Updated almost 6 years ago on . Most recent reply

User Stats

103
Posts
22
Votes
Eli Gilbert
  • Investor
  • Cleveland, OH
22
Votes |
103
Posts

Advice re owning a house in cash affecting future investments

Eli Gilbert
  • Investor
  • Cleveland, OH
Posted

I am looking to buy a house with cash. For technical reasons, my cousin who is a real estate investor, has offered to buy it for me under his name. Would this transaction pose any problems for his credit record or create any other issues with future purchases made by him, assuming that future purchases would require him to get a mortgage?

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