How do you refinance a subject 2?

[Reynaldo C.]

Hello all,

I have a question regarding a subject to.

If one were to acquire the title of a house on a sub2 and the property had substantial equity, of course it would make sense to flip; however, i am looking to hold this property. the question is: How do u take care of the mortgage that is in the sellers name? what i mean by this is, if u are already making the the payments on the sellers mortgage and you are the title owner, but you want to remove them from the mortgage (so their credit won't be affected), do u take out a New mortgage on the property under your name and pay the first mortgage with it??

Note. property is in Los Angeles