Buying my sisters house seller financing?

[Steven C. Suarez]

Hi BP family, I’m considering buying my sister’s house here in Texas because she’s moving to California. I’m getting a pretty good deal at 135k (no agents involved.) She’s in a time crunch and would like to sell quickly, only thing is if I went the bank route, I’d have to put 20% down. That’s a big chunk of change! Y’all have any ideas on how I could do a seller financing deal with her that would work great for both parties? Thanks for your help and suggestions!

Steve

[Asury Johnson]

@Steven C. Suarez You can always do a Subject To deal. She can deed the home to you and you take responsibility and make her mortgage payments until you can buy it outright, sell it, or refinance it under your name. I would search a real estate attorney or title company that can close on a subject to deal first.