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All Forum Posts by: Timothy B.

Timothy B. has started 1 posts and replied 2 times.

Post: Buying first rental cash, who's name to put title in?

Timothy B.Posted
  • New to Real Estate
  • Schenectady, NY
  • Posts 2
  • Votes 0

Thanks guys for the responses.  Lots of good wisdom shared.  Much appreciated.

Post: Buying first rental cash, who's name to put title in?

Timothy B.Posted
  • New to Real Estate
  • Schenectady, NY
  • Posts 2
  • Votes 0

I'm interested from both lending and especially liability. We're buying our first rental. We work as missionaries showing very low income in my name and a negligible amount in wife's name.  File jointly.  Should title of property purchased cash go in one or both names to limit liability and also to optimize our ability to qualify for lending in future using the cashflow?