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Updated over 11 years ago on . Most recent reply

George Maka's profile image
George Maka's profile image
George Maka
  • from Irvine, CA
  • Member since May 8, 2013
Connect

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George Maka's profile image
George Maka's profile image
George Maka
  • from Irvine, CA
  • Member since May 8, 2013
Connect
George Maka
  • Irvine, CA
67
Votes |
144
Posts
Innovative Strategies

Finance structure to help them buy new house?

George Maka
  • Irvine, CA
Posted

I have a motivated seller that has a house of worth $600k and and owes about 300k on it. They're an old couple and they're hoping to sell it for 600k, take their gains and buy a house outright with no mortgage in a cheaper area up north.

Other than paying the 600k, how can I structure this where I can take ownership of their home, but still allow them to take their equity and buy a house?

Thanks,

George

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