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Subject to purchase
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