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All Forum Posts by: Jasmine Doster

Jasmine Doster has started 1 posts and replied 2 times.

Innovative Strategies

Post: Subject to Short Sale deals

Jasmine DosterPosted
  • Real Estate Investor
  • Sherman Oaks, CA
  • Posts 11
  • Votes 0

Okay, I guess I did mix two different strategies. I am asking hypothetically b/c I'm interested in buying some sfh and condos subject to the existing loan to hold as rental properties.

0 Votes
Innovative Strategies

Post: Subject to Short Sale deals

Jasmine DosterPosted
  • Real Estate Investor
  • Sherman Oaks, CA
  • Posts 11
  • Votes 0

What is needed to successfully negotiate and close on a residential short-sale property subject-to the exsisting loan? Does the bank require you to have a certain income level etc in order to take over the person's mortgage? Someone who has succesfully done this please give me some insight.
:D

0 Votes