Advice on SubTo Hybrid deal

[David Aguero]

Hey, as the title says I'm working on my first SubTo deal and its going to be a hybrid. I would appreciate any advice and help!

Details: The seller has 48k left on the loan, PITI is $471 and the seller wants an additional $100/mo. (Which I'm fine with) But the seller wants the loan to be paid off within 5 years.

Would I be able to refinance the property down the line in order to pay off the loan and seller? Also I've seen many posts regarding insurance on SubTo deals and am wondering. Since I will only be in this situation for a couple of years until the refi, could I have my LLC be named as an additional insured in the sellers policy and have an agreement signed at closing stating that all proceeds that result from a claim be given to me?