needing help with subject 2 in Indianapolis

[Terone Johnson]

Hi Everyone,

Looking for some help and insight on a possible sub2 deal I am looking at. I wanted to ask a few questions as I am looking to structure a deal in indianapolis this way. Seller is in over his head but is still getting good rents. His mortgage balance is 67k on a home that Is worth just about 70K. He is paying $670/ month on his mortgage and that is at a 12% rate. He has this rented out right now for just over 1k. I think it is a good chance for me to step in and make some cashflow while paying down this mortgage. He wants to get out of the house for that exact amount to pay down his loan.My problem with this is his property is owned in an Trust. Is this deal structure still possible this way? And if so, how would I then structure and go about moving forward?

thanks ahead of time for all the help!

Terone