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Updated over 16 years ago on . Most recent reply

Chris Pelletier's profile image
Chris Pelletier's profile image
Chris Pelletier
  • Real Estate Investor
  • from Northfield, Massachusetts
  • Member since Mar 10, 2008
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Chris Pelletier's profile image
Chris Pelletier's profile image
Chris Pelletier
  • Real Estate Investor
  • from Northfield, Massachusetts
  • Member since Mar 10, 2008
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Chris Pelletier
  • Real Estate Investor
  • Northfield, MA
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101
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General Real Estate Investing

Deed in Escrow

Chris Pelletier
  • Real Estate Investor
  • Northfield, MA
Posted

When leasing a property with the option to buy to a tenant/buyer, you can put the TB on the lease and hold it in escrow so the TB can refinance and not have to come up with a downpayment as in a conventional mortgage. How long does the TB need to be on the deed before they can refinance?

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