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Updated almost 8 years ago on . Most recent reply

Pamela Baker's profile image
Pamela Baker's profile image
Pamela Baker
  • from Gilbert, Arizona
  • Member since Dec 28, 2016
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12
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3
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Pamela Baker's profile image
Pamela Baker's profile image
Pamela Baker
  • from Gilbert, Arizona
  • Member since Dec 28, 2016
Connect
Pamela Baker
  • Gilbert, AZ
3
Votes |
12
Posts
Rehabbing & House Flipping

Subject 2 - Where does the financing come from?

Pamela Baker
  • Gilbert, AZ
Posted

Hello, 

I've been hearing a lot lately about purchasing property "Subject to".  My question is, once Seller agrees to deed property over to Buyer, is the Buyer now on the hook to cover mortgage payments until they find an "end Buyer" to sell to.  If so, where is the interim Buyer getting money from to cover mortgage until he finds the End buyer?  

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