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Creative Finance Hybrid solution with VA loan
Hello,
I have a friend who is trying to sell his house quickly to move to a different city with his wife and kids. He currently has a 2.8% interest rate with about 232K left on the mortgage. The mortgage is a VA loan. I wanted to get some insight on whether it is possible to take over the property partially subject-to and partially seller finance or a lease option since I know VA loans have a few more stipulations than normal conventional loans. There is about at least 100k in equity and is in an up and coming part of town. Thank you!