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Updated over 3 years ago,

User Stats

74
Posts
11
Votes
Ikenna Okoye
  • Investor
  • Houston
11
Votes |
74
Posts

Subject-to Refinance Option

Ikenna Okoye
  • Investor
  • Houston
Posted

I've been looking for a definitive answer on financing for Subject-to deals, but If you were to acquire a property via subject-to and rehab the property, is a cash-out refinance a possible exit strategy and making the property a rental afterward? Would this refinance simply pay off the old existing loan that is in the sellers name and introduce now permanent financing in my business name?

Ikenna

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