Updated about 2 years ago on . Most recent reply
Sub to help
Hey guys,
So here’s the situation, the seller agreed to 75 down for his building under sub to. While talking on the phone he asked when he was going to get the rest of the money he put in the property, after I refinance. I let him know that’s not really how it works and that 75k is what’s getting him out of the deal. He said he wasn’t interested anymore. Is there any way I can get around this where where the owner is still happy and I’m still giving him 75k down or less? Could the bank when I refi just give him his money?
thanks