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Updated over 2 years ago,

User Stats

31
Posts
6
Votes
Jonathan Cevallos
  • Rental Property Investor
  • NJ & NY
6
Votes |
31
Posts

I'm working on a Sub-to Creative financing deal

Jonathan Cevallos
  • Rental Property Investor
  • NJ & NY
Posted

Hello! I have an off market deal direct to seller. Single family home is under a VA loan in California. Seller is moving to east coast. I offered the client the price they are asking for 'subject to' holding the VA loan for at least 2-3 years.

As mentioned, the home is under a VA loan, seller needs to purchase their new home in the east coast with a VA Loan. Can they qualify for a second VA loan?

I’m trying figure out a way to make this 'subto' deal. Any lenders/title companies/attorneys with creative financing experience, please reach out. I would really appreciate your input. 

Thank you

Jon

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