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Updated about 12 years ago on . Most recent reply

User Stats

53
Posts
15
Votes
David Littleton
  • Renter
  • Kentucky
15
Votes |
53
Posts

Sub-to Question

David Littleton
  • Renter
  • Kentucky
Posted

If a seller has a property free and clear and they insist on their price of 35,000 but you need to be at 20-25. Can you get them to get a home equity loan for 20-25k and then do a sub-to with 10-15k down? Would that be a good deal for us? Would we be able to wholesale that for 40ish with the end (C) buyer putting 15-20k down buying the property subject to the loan of 20-25k?

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