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Guaranty Attachment to Lease for Guarantor or Cosigner Oklahoma Form

Guaranty Attachment to Lease for Guarantor or Cosigner Oklahoma Form

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Speaker 1: All right. Okay. Moving on to our next question. It must be from anonymous because we don't have a writer. So we'll just say anonymous asks. Do banks require that a co-signer be part owner of the second property as well, would forming an LLC with the other individual help from becoming a co-signer and that's, that's the entirety of the question. Speaker 2: That's why there's no right or wrong, but I think I know what they're asking on that one. First of all, in general banks love co-signers right. If you assign an, a mortgage or any type of loan agreement, you don't have to have a, a real interest in the property. But when it comes to real estate, most banks want the parties who are on the loan agreement to have a vested interest in the property. I actually know that question. That's why I could jump right into the answer. These people actually are really not, they call themselves co-signers, but really

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