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Updated over 6 years ago on . Most recent reply
Buying property Subject to existing loan
When asking a couple of title agents for a referral for a real estate attorney to assist with "Subject to" closings they both stated these deals can not be done if the existing loan is FHA or VA or any other gov loan. I live in Las Vegas NV. This is the 1st I've heard of this. Is this a state by state rule or is it even true? This is a new investment stratagy for me but I've been through tons of training on this and have never heard this? And if anyone can refer an atty experienced in Subject to closings in Las Vegas NV, please refer. Thanks