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All Forum Posts by: Jason Leggett

Jason Leggett has started 2 posts and replied 3 times.

How do I structure a deal if I want to do seller financing but the seller has a mortgage.  I've seen 1 post talking about subject to and seller financing hybrid but it doesn't explain or break it down.  
Ex.  Seller still owes $130,000 and wants to sell the house for $500,000 using seller financing.


Thanks for the help.

My wife and I currently own the house we live in now but it is too small for our growing family. We would like to buy a larger house to give us more space for future kids. We have lots of equity in our current house and I will be refinancing it into a conventional loan in order to reuse my VA loan to buy a larger primary residents. At the same time I am also looking to purchase an investment property if a good deal were to come along. I am being told that if I buy an investment property before I buy another primary residence that the bank will most likely not give me the loan on our primary residence because I have the other rental property. Are there any ways to buy both a rental property and a primary residence in a short period of time?

Thanks