Updated almost 13 years ago on . Most recent reply
Sub-to Question
If a seller has a property free and clear and they insist on their price of 35,000 but you need to be at 20-25. Can you get them to get a home equity loan for 20-25k and then do a sub-to with 10-15k down? Would that be a good deal for us? Would we be able to wholesale that for 40ish with the end (C) buyer putting 15-20k down buying the property subject to the loan of 20-25k?