Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Buying subject to
Circling back to buying a family members house..
can’t assume the property since I won’t be occupying it.
So looking into subject to.
I would be on title, she is completely off once it closes. Then she continues to make the mortgage payments? Can I set up auto pay and have it come out of my account/pay the mortgage with my checks to ensure it gets paid?
Any concerns with a subject to? The family member will continue to live in the house, I am essentially subsidizing the loan for her, saving her 7-900 a month and for me it’s a long term play getting it for a good price