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All Forum Posts by: Christian Bryce

Christian Bryce has started 2 posts and replied 2 times.

I am purchasing a property that has two single-family houses on it. They share a driveway and are located on three acres of land. My question is as follows: How do you recommend splitting the maintenance (cutting the grass in the summer and plowing the driveway in the winter) between each of the tenants and a landscaping company? I am afraid that hiring a professional to cut the three acres of grass could cost way too much money but on the other hand, I am not sure how to divide the property for the tenants to cut the grass and I am afraid that it would be too much to ask with the amount of property. Thanks! 

Post: "Subject to" for sellers?

Christian BrycePosted
  • Posts 2
  • Votes 0

I am considering purchasing my first deal from my father as he is about to retire. I am weighing my options of either assuming the current mortgage or doing a 'subject to deal'. The seller, being my dad I am concerned with leaving the mortgage in his name and how it will affect his ability to purchase his next home for retirement. My question is: Will he be able to prove that I now am making the mortgage payment for this house or will it count toward his debt to income when he applies for his next mortgage? Thanks!