2 ms·
> But that doesn't solve the monthly mortgage cost. The space can be rented out to someone else to cover the cost, possibly at a profit to the remaining owners
by thinkcontext 8y ago
> But that doesn't solve the monthly mortgage cost.
The space can be rented out to someone else to cover the cost, possibly at a profit to the remaining owners since the renter isn't taking on any risk.
The bigger risk in this arrangement is to the party that is leaving since a share of a house is illiquid.