Subject to and seller financing payments
I would like to get into seller financing and subject to deals but don't really fully understand the payments portion of it. What I mean is, the payments made to the seller, is the total payments consisting of principle/interest, property taxes and mortgage insurance all wrapped into 1 payment and made to the seller? I have this question for both seller financing and subject to. Thank you for the help in advance.
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You receive the piti from your buyer and you then pay the underlying debt with that payment. You are just making profit from the yield play.
We buy these types of notes.