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Updated over 1 year ago on . Most recent reply

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Nicholas Cooper
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Subject to and Flip?

Nicholas Cooper
Posted

Hello all, very new to all of this, actually looking to do my first flip. I have a unique opportunity where my family members want to sell grandmother's house (she passed away, it went into and out of probate, now in 4 heirs name) they don't want to do anything with the house but get a check, I would like to subject to ( and also buy them out of their share) and then renovate the property. It definitely needs work to get it into selling condition. I could get a hard money loan on this but doing subject to then me paying for Renovations would be my best option. Looking for advice on how to go about doing this? Also the paper work involved?  Thanks!

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