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 5 years ago,

User Stats

9
Posts
3
Votes

Selling my personal home on Sub2

Posted

Hi folks, before I knew anything about REI I bought a brand new home 1 year ago. there is very little equity and the payment is manageable but leaves me not a lot for saving and investing.

I am thinking of selling my home on Sub2 at retail to a buyer. What should I take into account to have it work? My biggest concern is still having the underlying mortgage in my name.

There is not enough equity to sell it retail through a realtor.  I would owe money at closing which I'm unable and unwilling to do.


I already know the way I bought was not smart so please lets not waste data bits telling me that part :)

Loading replies...