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Updated over 9 years ago on . Most recent reply
Subject To Question - How to Pay for Difference in Purchase Price
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?