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Updated about 1 year ago,

Shannon Strickland's profile image
Shannon Strickland's profile image
Shannon Strickland
  • Rental Property Investor
  • from Northern Virginia
  • Member since Aug 26, 2022
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User Stats

77
Posts
69
Votes
Shannon Strickland's profile image
Shannon Strickland's profile image
Shannon Strickland
  • Rental Property Investor
  • from Northern Virginia
  • Member since Aug 26, 2022
Connect
Shannon Strickland
  • Rental Property Investor
  • Northern Virginia
69
Votes |
77
Posts
Creative Real Estate Financing

Seeking input from the SubTo community on a potential deal

Shannon Strickland
  • Rental Property Investor
  • Northern Virginia
Posted

Seeking input from the SubTo community. My friend is selling her house with an agent and moving because she wants to live in a free-and-clear house she inherited out of state. I would like to buy/control that asset, but I’m struggling to come up with a deal structure. The house is worth 600K and she owes 300K on a mortgage. Wanting to approach this creatively, I wonder if it could be 300K seller financed and 300K SubTo.

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