How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.

Today, I seek out like-minded individuals who share my values, focused on long-term success and making a meaningful impact.What sets me apart is my dedication to creating real-world, tech-driven solutions that improve efficiency while benefiting both investors and the communities we serve.

@Chris Seveney's suggestion could be a really good solution depending on the numbers. 

I am simply trying to offer a solution that is fair to both parties that allows the property to stay in the family.The biggest problem is they are having trouble refinancing the property due to credit balances.

This is especially useful for off-market deals, where the seller may be more open to creative solutions if they need to sell quickly but don’t want the hassle of a bank process.✅ House Hacking – How to Live for Free While Building WealthHouse hacking is where you buy a property with multiple units, live in one, and rent out the others to cover your mortgage or generate additional income.

Learn about the seller, their goals, their pain points, etc... then present solutions to their problems. 

This week, the City of Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for "illegal boarding houses" on constitutional and fair housing grounds.This marks a huge victory in expanding affordable housing solutions while navigating legal challenges.

Sellers are more likely to consider a carry arrangement if they see you as a solution, not just another buyer.

Because the gutters usually a better solution at much lower cost.

Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties.