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Updated about 6 years ago on . Most recent reply

Siale Havili's profile image
Siale Havili's profile image
Siale Havili
  • Wholesaler
  • from Sacramento, CA
  • Member since Jan 25, 2020

User Stats

30
Posts
1
Votes
Siale Havili's profile image
Siale Havili's profile image
Siale Havili
  • Wholesaler
  • from Sacramento, CA
  • Member since Jan 25, 2020
Siale Havili
  • Wholesaler
  • Sacramento, CA
1
Votes |
30
Posts
Innovative Strategies

Subject to purchase

Siale Havili
  • Wholesaler
  • Sacramento, CA
Posted

Need a creative strategy for a “subject to” property, so I can fix n flip it?

I have a property I’m working on...

ARV - $260K

$30K in repairs

I want to give her $20K and walk away and let me takeover the deed to house and keep her name on the loan. Put in $30K in rehab and list in back on the market in about 90-120 days.

Are there lenders that have programs for this? Still new to the game but I think I might have something.

Thanks

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