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Updated over 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Yuma, AZ
45
Votes |
637
Posts

[Subject to] would you buy a house with negative equity?

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted

in a subject to, would you buy the house where the homeowners owe 150k and the house is worth 100k, BUT, it produces you $300 cash flow each month? Would it be worth it? The tenant would be paying the loan, no?

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23
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13
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Jeff Montanya
  • Forney, TX
13
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23
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Jeff Montanya
  • Forney, TX
Replied

@Fili Aguirre

How much is owed to reinstate the loan?

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