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Updated about 11 years ago,

Jimmy C.'s profile image
Jimmy C.'s profile image
Jimmy C.
Pro Member
  • Flipper/Rehabber
  • from Seminole, FL
  • Member since Oct 23, 2010
Connect

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859
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Jimmy C.'s profile image
Jimmy C.'s profile image
Jimmy C.
Pro Member
  • Flipper/Rehabber
  • from Seminole, FL
  • Member since Oct 23, 2010
Connect
Jimmy C.
Pro Member
  • Flipper/Rehabber
  • Seminole, FL
316
Votes |
859
Posts
Innovative Strategies

Subject To Deal When Seller Wants to File BK

Jimmy C.
Pro Member
  • Flipper/Rehabber
  • Seminole, FL
Posted

I have a multifamily deal where I can take the deed subject to. The underlying note is at 2%, so its very attractive.

While discussing the possibilities with the seller, I learned that they intend to file bankruptcy in the future.

Would you stay away from taking title subject to in that situation?

  • Jimmy C.
    • 0 Votes
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