Subjecto mortgage is higher than rents in the area

[Keith Sutton]

So I have an opportunity to get a subject-to but the mortgage payment is higher than the rents. Is there anyway to make this work? Below is the information. Thank you

Bought the house for $240,000 with a balance of $233,737   6% interest rate    $2050 payment      Comps are $255,000

Rents in the area $1600-1800

[Kerry Noble Jr]

The name of the game is Money Now.....Money Monthly......Money later.....

This definitely is effecting your money monthly. I would pass...