Seller’s Interest Rate

[Bill Regan]

Hi, in looking at getting into an investment property nowadays, it seems we could be creative about using the rate that the seller got a few years ago.

For instance, if they bought at 250k with a 3% rate, can we get that loan assigned and pay cash for the difference in what a property is selling for today?

Just trying to think creatively to make some number work better. All thoughts appreciated.