Darren James
Is this a good subject to deal?
I have a subject to deal in Dallas County where I'll pay the back payments on the loan to take over for the current mortgage owners. Here are the numbers:
SFR 4BD/3 BA 2570 Sq ft.
Existing Mortgage Balance: 228K @ ...
Mike Briggs
Can anyone help me, please!
I'm looking to wholesale a property in 38115 zip code. Problem is, homeowner owes 108k. My numbers could be a bit off but it's worth about 155k. Home needs cosmetic repairs but is otherwise in great shape. Other homes...
Terry N.
Locating Title Insurance for a Refinance - Attorney question
The attorney for my refinance sent me this message. Has anyone else ever had this question? I'm wondering about "adding" an attorney to my mortgage account. Does that make sense to anyone?Can you please look in you...
Doug Lovett
Why do banks allow subject to financing?
I am under contract to buy a house subject to the existing mortgage. This is my first subject to deal. I'm wondering about the due on sale clause. I've heard from several investors that banks virtually never exerci...
Simon Stahl
Liens on property while doing subject to deals
I was wondering how it works with the liens when I do a subject to existing mortgage deal. Here is where I see the problem: When I take over the sellers mortgage, this lien stays on the house even though the deed is n...
Victor Boyd
Taking over a Mortgage from a Homeowner
My partner and I have an opportunity to purchase a home in houston. The owner still owes on the house, but, says he is willing to let us "take over" his mortgage. We are not really familiar with the process. How do...
Geoff Scheid
Buying House from Parents
My parents recently built a new home and moved out of the house I grew up in throughout my childhood. They listed for-sale-by-owner for about six months with a lot of interest and went under contract twice, but the bu...
Paul Smythe
High LTV Refinance on Investment Property in Atlanta/Georgia?
I am considering refinancing a property I am fixing up and renting it out. I am wondering what sort of loan I would be able to get with a high LTV. From what I can tell the smaller banks are going to be my best choice...
Khalil Hakim
I bought a property subject to An there is 30 days
What’s the best way to handle the taxes on a property I just purchased. I’ve heard of tax lenders, but don’t have equity in property it was a “subject to” deal.
Anyone can point me into a tax solution.
Shawn G Hope
Subject two purchases
I have been thinking about doing subject two purchases. My question is can I offer to take over the existing mortgage and try to work out with the bank to bring the loan current if it is scheduled to be auctioned off ...