Updated almost 2 years ago on . Most recent reply
Sub To finance
I’m sure a lot of people heard about Sub To financing. Does anyone know how to do it?
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Why do people every day trade in their car for $10k to 15k less than what its worth to the new care dealer??
You dont know what people are going through and what they NEED to do. I have purchased a number of properties subject to the mortgage. They were usually in a situation that needed a quick fix. For them, that was the easiest and quickest fix.
Not many people will sell subject to the mortgage, but a few will. The hard part is finding the people who will. I usually make several offers when talking with a seller. One of them is subject to the mortgage. That is the highest offer. The cheapest is cash.