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Originally Posted by Cynthetiq
If my wife is a co-buyer of a property how does that affect our liabilities when we decide to purchase future properties?
Scenario is that my wife and MIL buy a place together, wife may or may not be on the mortgage. What are the ramifications or consequences in the future for your availalbe ability to buy other properties?
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Quick question for you Cynthetiq, do you know if New York (I believe that's the state you live in) is a "Marital Property State?"
You would likely be able to find out by calling a local lender and asking them - I checked around a bit online and found conflicting information...