Subject to purchase

[Siale Havili]

Need a creative strategy for a “subject to” property, so I can fix n flip it?

I have a property I’m working on...

ARV - $260K

$30K in repairs

I want to give her $20K and walk away and let me takeover the deed to house and keep her name on the loan. Put in $30K in rehab and list in back on the market in about 90-120 days.

Are there lenders that have programs for this? Still new to the game but I think I might have something.

Thanks