Updated over 5 years ago on .
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Jacksonville Real Estate Attorney
I’m very excited to be starting my career in Real Estate Investing! My parents passed away 2 months apart in 2017 and they thought they were doing a great thing by leaving the house to the 7 kids. Well, it’s caused a lot of confusion to say the least.
So, my oldest sister, Sister 1, passed away in 2018 and there are now 6 siblings remaining. From what Sister 2 has said is that everyone owns the house equally. So I am assuming whatever the house is worth divided by 6? Some wanted to sell it and split the proceeds. The majority wanted to keep it in the family and let my brother and his family move in.
Ok. Fine and dandy. He should move in sometime this year. But Me (sister 7) and Sister 6 are working together to find a home to flip...we need funds and would like to take a HELOC out on our portion of the property. I'm all sorts of confused as to how it will work. Trying to get my hands on the deed and speak with a reputable Real Estate Attorney?
Any advice on the situation and any are Attorneys that you could refer?