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Updated over 9 years ago on . Most recent reply

User Stats

101
Posts
23
Votes
Matt C.
  • Investor
  • San Diego, CA
23
Votes |
101
Posts

Subject To Question - How to Pay for Difference in Purchase Price

Matt C.
  • Investor
  • San Diego, CA
Posted

I have searched on the forums and couldn't quite find the answer to my question.

I am looking at property where the seller is open to the idea of a sub 2.

Here are the numbers:

ARV - $600k

Loan Balance - $300k

Price - $450k

My question is: If the seller is willing to let me take over payments on the $300k loan what are my options for paying the $150k still owed to the seller? 

  • Matt C.
  • Loading replies...