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I know finding lenders to process small mortgages is almost impossible, but I was wondering if anyone has tried offering to pay additional points to the lender to make it worth their time.. if a lender could get 2k o...
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Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $167,000
Cash invested: $20,000
Bought this house subject to the existing mortgage of $150k, paid $18k in walkway m...
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Hello,How would I file taxes on rent income that I am recieving from a subject to the existing mortgage deal? The mortgage isn't in my name. This is in NY if that helps. Also what would I & wouldn't I be able to w...
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Are any of you purchasing RE subject to an existing mortgage? What're your thoughts on it? We are highly debating the idea of going full focus on just purchasing subject to because of the ability to purchase with so l...
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Can I take cash out of a property that I purchase subject-to the existing mortgage later? There is only one mortgage and I plan to purchase the property in a land trust.
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I'm just curious as to what some of the different creative ways to do a subject to deal are. I was talking to a lady that wants to sell her house for 140k she owes 90k she was fine with someone taking over her existin...
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Hi BP Forum...long time listener, first time poster and new Pro member :). I'm curious if anyone knows of an online research tool that show's current balance on existing mortgage or liens on a property? I found a ho...
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For all you BP, creative financing experts out there;
Have you ever bought a property via Land Contract/Installment Sale AND took it Subject-To the existing mortgage?
This seems to be a great strategy (if it can be ...
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I have a home that is worth about what is owed and have been approached by a subject to investor who would be interested in taking over the mortgage. I want to move because the house is too small and no longer meets ...