Seeking options to refi to remove co-borrower
Hi Everyone,
I own a condo along with my sister. She has decided to buy more investment properties and would like to remove her name from my property. I live in the condo and sometimes rent out the spare room.
She co-signed with me as I am self employed and write off a lot of my income.
I currently owe $240k on a condo worth about $340k. I have another $75k liquid I could put towards the home if necessary.
My credit is about 750. Never miss payments. Income is around $50-$60k / year.
Do I have any options? Appreciate anyone who has read my post!