Will This Work? Deeding The Property And Refinancing At Closing?
Hello All,
has anyone ever closed a deal like this?
you have a seller that is willing to deed the house to you but still wants his equity paid.
You have the deed signed over to you and you close a cashout refinance to give them the money for equity.
it seems like it will work if you can get a 100% loan. but is this where you would run into seasoning requirements on title?
Is this the type of information what you learn in the subject 2 training course?
sorry for all the questions. I keep trying to figure everthing out as i go and maybe i should invest in the course soon.
Thanks
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