Going Into Marriage with Two Mortgages

Have you had a discussion on finances previously? Do you both make enough to cover the expenses of both homes? Are you planning to rent out the second home? Sell it? I feel like these are all conversations you should have had awhile ago. Finances are the number one reason couples fight and one of the biggest reasons for divorce. Personally, I think you two should lay out all your financial concerns on the table ASAP regarding how you will split finances, what your mutual financial goals are, etc. The answers of when to sell the home are going to be so dependent on your specific financial circumstances and also your location’s current real estate market.

View Quoted Comment Thanks Hannah. We have had discussions about finances and definitely have a plan. The house thing is the only thing that we are stuck on. We can afford both homes so that’s not the issue. Selling our homes so that we can purchase a home of our own is the ultimate goal. The timeline is what we have to work on. They will both end up being sold or rented out. Communication is key.

There’s no one answer. It depends on your goals and what you can afford. We decided it was easiest to sell his house, he moved in with me, we bought a new house together using his house sale funds for the down payment, and then sell my house.


I’d look at what sale and rental profit you could make from either house and any issues that might come up. Like you may choose to sell the older one first before any big repair issues come up, or you rent out the one in a hot rental market, or you sell the one in the market you think prices will drop in first.

View Quoted Comment Andrea this is our exact plan. It’s good to know that someone else was in our same situation and this was how you handled it and moved forward. Thank you for sharing.