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Updated over 12 years ago on . Most recent reply

User Stats

84
Posts
14
Votes
Reggie Youngblood
  • Houston, TX
14
Votes |
84
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How would you structure this deal???

Reggie Youngblood
  • Houston, TX
Posted

The seller wants someone to take over his payments. The loan amount is 72K, the house is worth about 78K, and the payments are current. I'm thinking subject to, and flip the contract to a retail buyer with the down payment being my fee. Any suggestions?

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