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Updated about 4 years ago,
Advice for Funding a Subject To Deal
Hey all,
I have a potential subject to deal that would cash flow. I would agree to pay off the rest of his mortgage on the same loan terms but I would need to first pay off the amount that he is in the rears (around 100k). How would I secure this funding if I do not have any private lenders? Are there hard money lenders that would provide me this funding? Or do hard money lenders strictly give 60-70% ARV?