Strategies for selling home to family member

[Savannah Cronk]

I'm wanting to sell one of my properties to my mom. The current loan is about 200k the appraisal 6 months ago was at 425k. With her income she can qualify to purchase about 350k. I want her to be able to purchase with $0 down. Any strategies or advice for pulling this off? 

Bonus if you know how to use a DSCR loan etc for something like this. Right now she will qualify for a mortgage but she hasn't been depositing her funds into the bank so we have to wait at least 2 months to show bank statements. If anyone knows a faster way I'm here for it.

Thank you !

[Kevin Ludwig]

Subject To!   Just have her take over your loan. Then you do seller financing for anything above your loan amount. No need to use banks and closing fees are very small.  You and your mom can split the Realtor fee who will do the paperwork for you.  Checkout Pace Morby for more information:  

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