Subject-to Refinance Option

[Ikenna Okoye]

I've been looking for a definitive answer on financing for Subject-to deals, but If you were to acquire a property via subject-to and rehab the property, is a cash-out refinance a possible exit strategy and making the property a rental afterward? Would this refinance simply pay off the old existing loan that is in the sellers name and introduce now permanent financing in my business name?

Ikenna

[Cameron Tope]

Yes sir, that's exactly what would happen.