Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago on . Most recent reply

User Stats

218
Posts
29
Votes
Alex Locklear
  • Investor
  • Cary, NC
29
Votes |
218
Posts

Wholesaling a "subject-to"

Alex Locklear
  • Investor
  • Cary, NC
Posted

I have a property that someone is willing to let me assume the mortgage on.

I want to know if there's a good chance I can assign this to an investor since there is no need to qualify for a loan and there would be no down payment or closing costs? What would be a good assignment fee on something like this? The house does NOT have tons of equity; hardly any. But it is also in great condition and perfect for a rental. Mortgage payment is around $890/month and rents go from $1000-1100/month in the area.

Also, could I find an actual home buyer and make them put down a down payment and collect that as my fee?

Loading replies...