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Updated almost 9 years ago on . Most recent reply
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How can I combine a subject to loan with a lease option tenant?
Hey folks,
I'm looking for more information on how to do this sort of deal. Do you have any experience or knowledge you could help out with? Thank you.
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Brian Gibbons
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Hi @Calah Lopez
I train folks in sub2, wraps, and lease options
Some sub2 must do's
1 tell the home seller that there's a due on sale that needs to be reckoned with
2 use a title holding trust w sub2
3 be careful of ARMs and Government loans
4 have the financial ability to refinance the loan if it gets called
5 best use of sub2 is short term like fix then flip
6 worst is sub2 then wrap