Hello! I have come across a subject deal. They are asking $15K + Subject Deal ($58K + $310 per month interest). I am trying to finance via Hard money and around $30K-$40K in rehab. Do I add the $15K to $30K-$40K rehab...
Do you pay 2 different mortgages with either one?
I'm currently studying "subject to" financing. I understand that as the buyer, the benefit is taking over the seller's mortgage payments which may be more favorable thank taking on a PITI in the current market.What I ...
Investment Info:
Townhouse fix & flip investment in Virginia Bch.
Purchase price: $119,282
Cash invested: $30,000
Sale price: $181,000
Contributors:
Taylor Hudgins
Bought this...
Need some advice on a way to structure a creative finance deal... If it does not work I will likely try to buy it outright and a bit lower price and use Hard money....
1 Bed / 2 Bath Condo about 900sq ft - Can NOT ...
Let's say I'm selling a house with an existing mortgage as a wrap.
1. The owner stops making the payments - Who is responsible for the mortgage - Me? If so how do I get them out of the house?
2. The Due on Sale c...
I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...
My dad just moved and is renting out his house. Him being older he wants nothing to do with being a landlord. He wanted to sell but didn’t have enough time while buying his new home. He offered to sell or just add me ...
Hello, I have found a property with a motivated seller that I would like to buy for our family residence. To make the deal work, I need to purchase it sub2 the existing mortgage remaining in place with the seller cary...
Can a seller sell a house with owner financing with an existing mortgage let’s say the house is worth $150,000 and they owe $80,000 on the mortgage however they will not sell it to you for less than $70,000 i.e their ...