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Updated about 6 years ago on . Most recent reply

Trey Franklin's profile image
Trey Franklin's profile image
Trey Franklin
  • from San Antonio, Texas
  • Member since Dec 14, 2016
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Trey Franklin's profile image
Trey Franklin's profile image
Trey Franklin
  • from San Antonio, Texas
  • Member since Dec 14, 2016
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Trey Franklin
  • San Antonio, TX
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Innovative Strategies

Can you Wrap a Subject to deal?

Trey Franklin
  • San Antonio, TX
Posted

I'm talking to a guy who doesn't have much equity. House was built in 2014. He owes 148k plus 9k to reinstate. Interest rate is 4.25% on a FHA loan and PITI is $1270. He's okay with a sub2. Is the strategy here a wrap owner finance?

thanks you in advance

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