Need advice buying my first deal sub2 with seller financed wrap around

Need advice buying my first deal sub2 with seller financed wrap around

Real Estate Investor · Phoenix, AZ · Member since 2015 · 20 posts · 1 vote

Hello, I have found a property with a motivated seller that I would like to buy for our family residence. To make the deal work, I need to purchase it sub2 the existing mortgage remaining in place with the seller carying a note for the difference between the existing mortgage and the sales price. I am in the Phx Metro area, and would love help with structuring the deal, writing the letter of intent, and knowing if I need an attorney, RLMO, Title Company, Escrow officer etc. 

Thank you! 

0Reply
13 views

No replies yet. Be the first to reply to this discussion.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.