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Updated over 16 years ago on . Most recent reply
The Burning Question
I have not seen a lot of discussion on this topic. Subject to investing?
Could the end be near for this type of investing or is there a work around to the new law that may be passed.
For those that are not up on the law that is in the Senate now awaiting a vote, the biggest change is that any subject to deal will require written approval from the lender. We all know most lenders will not give written approval.
So, my question is, has anyone thought about work-around’s to this? Will this type of investing exit our creative financing bag or can we do an owner financed deal (Wrap-Around) and make it work..
Just opening this up for discussion.. I would like to hear everyone’s thoughts on this subject please.
Thanks
Chris