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Updated over 6 years ago,

Shawn G Hope's profile image
Shawn G Hope's profile image
Shawn G Hope
  • from Fountain, Colorado
  • Member since Dec 10, 2017
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40
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5
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Shawn G Hope's profile image
Shawn G Hope's profile image
Shawn G Hope
  • from Fountain, Colorado
  • Member since Dec 10, 2017
Connect
Shawn G Hope
  • Fountain, CO
5
Votes |
40
Posts
Creative Real Estate Financing

Subject two purchases

Shawn G Hope
  • Fountain, CO
Posted

I have been thinking about doing subject two purchases. My question is can I offer to take over the existing mortgage and try to work out with the bank to bring the loan current if it is scheduled to be auctioned off by the bank in the next few weeks or months?

If so can I offer to work with the current homeowner rent the house to them so they don't fully lose their home?

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