Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

21
Posts
0
Votes
Sean Peabody
  • New to Real Estate
  • Capital District
0
Votes |
21
Posts

Deed vs Mortgage Profits

Sean Peabody
  • New to Real Estate
  • Capital District
Posted

Hello, I own a home in NYS. I took over the property on a subject-to the existing financing deal. The deed is in my name and the mortgage is in the prior owners name and I'm going to be selling it soon. My question is will the profits from the sale go to me or will it be split between me and the prior owners since they are on the mortgage and I'm on the only one on the deed? Thank you!

Loading replies...