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Derrick Samuels
  • Investor
  • DFW, TX
1
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Owner financing with mortgage that is still in place

Derrick Samuels
  • Investor
  • DFW, TX
Posted

Hello All

If you have mortage in Texas that is less than the property value, can you owner finance that property to someone else while maintaining that mortgage. If so, can someone recommend a tittle company?

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Will Barnard
  • Developer
  • Santa Clarita, CA
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

In that circumstance, you would have two options, sub2 (buying property and keeping existing mortgage in place) or doing a wrap.

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