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Updated over 5 years ago,
Bryce BowersPoster
- Investor
- Quad Cities (Bettendorf Moline Rock Island, Davenport)
- 6
- Votes |
- 11
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Please Read: Subject To and Lease Option Together?
I'm interested to see how this discussion goes.
Iv'e been doing some digging but can't seem to find the answer. This question might sound like a yes but is there anything keeping me from doing it?
So basically if i'm understanding this right, a subject to gives me all rights to the property as long as I take over paying the mortgage payments monthly. I take over the house, and pay the mortgage. But technically the mortgage wont be in my name. And a lease option is just someone renting the house for a while with the option to purchase it in the future.
My thoughts are to combine the two strategies, is this a smart idea?
If i'm missing anything please let me know, all help is appreciated!
Thanks