Selling Home- Investor wants me to keep mortgage and her pay it.

[Timothy Petty]

I currently have a VA loan in Fayetteville, North Carolina. I currently have my home on the market and have received an offer from an investor. Here is the E-mail I received from the real estate agent. "I do have an investor interested in buying your property "Subject to" your mortgage staying in place and the investor paying the mortgage payment on your behalf." I'm not sure if I should even consider this offer as it seems I would be the one taking all the risk. If appliances, the roof or anything else were to happen I would be responsible correct? In order to free up the VA loan to invest in a Tri/Quadplex here in Ohio as my doorway into Real Estate, I think I may have to get rid of the NC home as I doubt I would qualify for 2 loans. Any Suggestions or Tips will be much appreciated.

[Alexander Felice]

Details matter here

What you said is exactly correct, you may be taking the risk and her taking the gain.

How the structure is built makes all the difference.