I currently own a home with two other relatives. We just paid our last mortgage payment three months ago. Can I take out a 2nd mortgage on my 1/3 of the house?
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I currently own a home with two other relatives. We just paid our last mortgage payment three months ago. Can I take out a 2nd mortgage on my 1/3 of the house?
Depends on 1. the state you live in, 2. the way the names are recorded on the deed.
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