Updated about 7 years ago on . Most recent reply
How to finance a buyout
My wife and her sister are inheriting their dad's home. There is no mortgage. My wife's sister wants to be bought out of the home. We'd like to do that and turn the home into a rental. My wife is due to receive about 80% of the equity and her sister 20%. Other than cash, what is the next best way to buy my wife's sister out of the property? Appreciate any help!