EP.13 - How to Refinance Inherited Property in a Living Trust | Buy Out Siblings with a Loan

Inheriting real estate in California can be a blessing, or a financial puzzle. When one heir wants to keep the property and another wants to cash out, the wrong move can trigger a property tax reassessment, massive tax increases, or deal-breaking delays.In this episode of the SEI Mortgage Podcast, Ryan Marks is joined by special guest Dat Nguyen, who shares expert insight into how families can access equity from an inherited property held in a family trust, buy out one beneficiary, and still protect long-term affordability under California property tax rules.We break down how these transactions are typically structured using two separate lenders, one to facilitate the initial cash-out from the trust, and another to complete the refinance into the individual retaining ownership. This strategy is often overlooked, misunderstood, and incorrectly handled by traditional lenders.If you’re dealing with inherited property, trust-owned real estate, sibling buyouts, or California tax concerns, this episode is a must-listen.In This Episode, We Cover:How inherited properties in family trusts are handled in CaliforniaWays to buy out an heir without forcing a saleHow to access equity while minimizing tax reassessment riskWhy these deals often require two distinct loan transactionsCommon mistakes families make that cost tens of thousands long-termHow non-QM and creative financing solutions fit into trust scenarios🎧 Explore your options and run the numbers at: 👉 www.seimortgage.com📞 1-800-401-1363🎧 Subscribe to the SEI Mortgage Podcast for weekly episodes covering real estate investing, STR strategies, and mortgage solutions built for self-employed borrowers and investors.DISCLAIMER - Ryan Marks is a Licensed Mortgage Loan Originator (NMLS #519138) operating under The Turkey Foundation, Inc. (NMLS #236669), an Equal Housing Lender. Ryan conducts mortgage origination under his DBA, The Everyday Lending Group. SEI Mortgage is an educational brand only. It is not a mortgage lender, does not issue pre-approvals or loan estimates, and does not extend credit in any form. All information provided in this podcast is for educational and informational purposes only. Nothing in this episode should be interpreted as: Legal advice, financial advice, tax advice, real estate advice, a commitment to lend, an offer, quote, or guarantee of loan terms. Loan guidelines, program availability, rates, underwriting rules, and qualification methods for Non-QM mortgage programs can change at any time and may vary by lender, investor, market conditions, and state regulations. Examples given are hypothetical and may not reflect actual terms available to any borrower. Listeners should independently verify all calculations, assumptions, and program details with qualified professionals. Always consult with a licensed mortgage lender, real estate agent, CPA, financial advisor, or attorney before making decisions related to home financing, investing, or credit. This podcast is not affiliated with, endorsed by, or acting on behalf of Fannie Mae, Freddie Mac, FHA, VA, HUD, or any government agency. No government agency has reviewed or approved the content of this recording. The Turkey Foundation, Inc. 1805 E Garry Ave, Santa Ana, CA 92705 Equal Housing Lender