Elizabeth, NJ · Member since 2017 · 7 posts · 1 vote
Has there ever been a time where anyone did a deal sub2 the existing mortgage of the seller and in the duration of the time of putting the deal together with the buyer.. had to pay the mortgage yourself out of pocket for 1 or 2 months? As the “wholesaler” middle man
Rental Property Investor · Atlanta, GA · Member since 2014 · 807 posts · 274 votes
8y
@Ronnie Tejeda if you hadn't taken possession of the property (i.e. bought it) then you really shouldn't be paying it unless that was something you agreed to. All that being said, from a business standpoint, I probably would have paid the mortgage so that there wouldn't be any issues with the mortgage servicers.