Buying nonperforming note

[Pete Storseth]

If you buy a house from the 1st lien holder, do you inherit the person on the lien?

There's a house I may be able to buy from a lender with an interest only loan. The buyer is way behind on payments and cant catch up. The buyer has zero equity, but the lender has 100%.

If I buy this house, what happens to the lien and the buyer? Is it up me? Do i have to foreclose on them? Do I have the option to forgive the loan and sell to someone else?