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Is This A Possiable Exit Strategy?

jmproductions profile photo
  • Thursday, January 13, 2005 @ 07:21 PM EST
  • 3 Comments
Can you take a house subject to, then owner finance it and sell the note at the closing? Would this cash you and the orginal seller's loan out?
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  • myfrogger
    myfrogger13th January, 2005
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    Reply

    Yup you can do this

  • InActive_Account
    InActive_Account13th January, 2005
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    Reply

    This would be a high equity deal right. How much does a note buyer take???

  • jmproductions
    jmproductions13th January, 2005
    0
    Reply

    There is no deal at play. I have been reading all day on this but couldn't find an answer if you could do this sub2, but yes this would only work with lots of equity.

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