Ty Primers
Buying Subject to with equity ?
Currently looking at a deal I want to buy subject to, which has about 40k in equality. I was wondering how would you go about working out a down payment (if needed) when proposing the offer to the seller?
Ashton Noland
Help With An EXISTING LOAN!
What are my options if I had a home under contract that is under market value but seller had an existing mortgage loan? For example: If the house is worth $100,000 and the owner currently owes $60,000 on it and I buy ...
Dani Beit-Or
What do you think of this subject-to deal in Metro Houston?
Subject-to deal: Cash required: $35k + 295k existing mortgage + 5k in misc = $335k for a 350k 2021 house.Pros202135k needed3% int. rateGood schoolsGood location CONS$145/m in HOACashflow is tightMortgage InfoLast Reco...
Nate Castle
Assumption vs wrap and subject too
I am familiar with how an assumption works. How is a “Wrap” and “Subject too” different?
Thanks!
Tom Pearsall
Trying to grasp how exactly this works, Buying a pre-forclosure
Hello,I've been trying to wrap my brain about how all this works and I have a question that should be easy enough for someone with experience to answer. I have been looking around my neighborhood on zillow trying to p...
Amit Sharan
Buying Subject 2 / seller financing - Refinance question
I've decided to give a try to buying a property using seller financing, in this case "subject 2" existing mortgage. Here is how the transaction is being structured.-The seller would first transfer the house into a new...
Karl Johnson
Paying off Pre Foreclosure
Is it possible to open up an escrow account & deposit the needed funds to pay off a pre-foreclosure debt?EX: -Homeowner defaults on loan -They somehow get cash needed to make mortgage current -They go to title c...
Cheryl C.
1031 Question
I am planning to sell a property and 1031 in to 3. I currently have a loan on it. It's my understanding that I have to spend all my net, buy properties that, combined, exceed the sale price of my current property, a...
Reginald S.
Wholesaling a seller/owner-finance deal?
Hello all I'm a newbie wholesaler and would like to know how to go about buying and wholesaling a deal where the homeowner is offering to do a
owner-finance just to make the deal work for my end-buyer. How and/or ...
Lj Cal
Keep current low interest rate with a new mortgage
Hello,I want to buy my family home. It would be a direct sale with no brokers involved. The current mortgage interest rate is half of what I was quoted. Is there a way I can take on the current mortgage payments (at t...