Updated over 9 years ago on . Most recent reply
Can I have multiple leans on a property? Texas
Is it kosher to both owner finance AND private finance a home?
I have an home that's selling for 200k.
The ARV is very promising at 350k
The owner is willing to finance 50k.
There is a previous owner financing for 100k.
We're trying to get the remaining 50k and Reno costs from a private lender for 90k.
Is there a limit to the number of liens you can have on a property in Texas?
How should I structure this deal?
This is awfully confusing for my first deal but I'm willing to learn how to make it work.
Thanks ya'll,
Kate