Sub 2

[Christian Sifuentes]

Not sure if this is the right forum so i apologize in advance. The question is regarding Sub 2 loans. If someone has a property worth 295k and currently owes 330k. Is there any scenario where a sub 2 loan can be utilized. Current mortgage payment is 2200, which can be covered through rent for the size of the property and the location. House needs cosmetic upgrades in the 5-12k range to make it move in ready. The individual is coming out of a bankruptcy situation and thus has no room to try any other options.

thanks