Is it a violation of PHIFA to buy a house subject to an existing mortgage that is about to be sold at foreclosure auction? The purhaser would make The defaulted note current plus give cash to the seller, and give the...
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I did a search on "subject to" here on the BP site and came up with over 2000 forums on the topic. Can someone send me the links to best article, forum, or blog on subject to. I want to know the basics, contracts and ...
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Is there new 2016 contract I can you to buy and whole sale house as an investor to cash buyersCan someone send me the contracts thank you
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So I want to purchase a property.
ARV after 50k rehab is around 400k
Seller wanted 220k and I jumped on it. Long behold a lien popped up with Citibank for 137k. He also has an existing mortgage of 124k. I've talked ...
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Hello, I've been hearing a lot lately about purchasing property "Subject to". My question is, once Seller agrees to deed property over to Buyer, is the Buyer now on the hook to cover mortgage payments until they find...
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Hello,
I am considering "subject to", but want to have a good contract. Can anybody recommmend how I can find one and how I can find an attorney that is familiar with them?My understanding is that there are some imp...
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Federal law allows relatives to assume an existing mortgage after the death of a borrower; bank cannot object so this is not a "subject to" issue. Has anyone had experience with doing such a transaction,including what...
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Are there any lenders out there that will finance higher than 75%LTV on rehab properties?
I'm running into so much with trying to get a LTV rate higher than this. My credit is decent at 680 or higher, but everyone se...
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Anyone know of a good attorney in Southern MD that will do subject to existing mortgage deals? I have a possible deal right now but don't know of anyone comfortable with them. Preferably down in St Mary's County but...
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Hey All, About to make a cash purchase for $21K on a 2/1, and put about 100K into it. Comps in neighborhood for same size property range from 155-185. How does it work with refinancing (for BRRRR) on a cash purchase s...