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Updated over 1 year ago on . Most recent reply

User Stats

20
Posts
8
Votes
Troy Bullock
  • Rental Property Investor
  • Whitehouse, OH
8
Votes |
20
Posts

Creative financing advice

Troy Bullock
  • Rental Property Investor
  • Whitehouse, OH
Posted

Hello all, what is the best option for taking over a mortgage for someone. I have a family member that has fallen on hard times and needs to get out of their home asap. I don't have the capital for the down payment. I know there is way to assume someone's mortgage but I'm fairly new to this and open to suggestions. 

Thanks

  • Troy Bullock
  • Most Popular Reply

    User Stats

    20
    Posts
    8
    Votes
    Troy Bullock
    • Rental Property Investor
    • Whitehouse, OH
    8
    Votes |
    20
    Posts
    Troy Bullock
    • Rental Property Investor
    • Whitehouse, OH
    Replied

    Thanks Jaron! I was thinking this was considered sub 2. Yeah, I'm not trying to screw them over. Just trying to help if I can since I know they really need out from this home. It has been listed on MLS but getting no action at the moment. We'll see what they want to do.

  • Troy Bullock
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