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Updated over 7 years ago,
I have no idea what I am doing
Hello BP, I had a lady contact me saying that she was interested in selling her house. The house is in great shape BUT she owes about the same amount that the house is worth. I asked her about her loan on the home and she said its an interest only loan. She owes so much on this house, and the loan terms look really bad. I have done some research and I think this may be a Subject to deal, but I I dont know what I am doing in regards to subject too. what should I do with this deal?