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Updated over 7 years ago, 04/26/2017
Subject 2 - Where does the financing come from?
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?