Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Canadian Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
0
Votes

How to buy a divorce house?

Posted

My friend is currently going through a divorce and has moved to BC for a new job. She is looking to sell the house but she doesn't not want her ex-husband to have most of the money since he did not pay the mortgage or any of the bills. I am interested in buyingth property but I bought a house less than a year ago and my debt to income ratio does not work for another mortgage. So two questions

1) how would my friend be able to sell the house making have the upper hand with her ex-husband

2) what creative finance strategy could I use to obtain the property?

Thanks you

Most Popular Reply

User Stats

5,129
Posts
5,181
Votes
Scott Mac
  • Austin, TX
5,181
Votes |
5,129
Posts
Scott Mac
  • Austin, TX
Replied
Originally posted by @David Mateo Camelo Corredor:

My friend is currently going through a divorce and has moved to BC for a new job. She is looking to sell the house but she doesn't not want her ex-husband to have most of the money since he did not pay the mortgage or any of the bills. I am interested in buyingth property but I bought a house less than a year ago and my debt to income ratio does not work for another mortgage. So two questions

1) how would my friend be able to sell the house making have the upper hand with her ex-husband

2) what creative finance strategy could I use to obtain the property?

Thanks you

The Divorce court controls and oversees the house.

It will be divided up as the court says or as the two parties agree.

If you try to pull "A fast One" it might earn your friend some jail time.

Loading replies...