Dallas-Fort Worth Real Estate Investor Club

Help?!?!?! Deal

  • 09 Sep 2015 12:43 PM
    Message # 3517641

    Here is my situation....

    I want to purchase a house that I want to flip but I do not want to use a hard lender.  I was thinking of doing an owner financing with the current seller.  He still owes the bank.  How would I go about doing that? What paperwork would I have to get him to sign so when am done fixing the property and sell,  he will sign to sell and I can receive my profit?  Can I add myself to the title with a quick deed?  How do I find out if he has any other liens on the property?

     

    Please and Thank you! 

    Last modified: 09 Sep 2015 1:45 PM | Ana Vasquez
  • 12 Sep 2015 9:11 AM
    Reply # 3522115 on 3517641

    You can buy the house "subject to" and the title company will find any other liens if there are any.  Let me know if you'd like more info.

    comanche3000@live.com
    979-450-1994

    Last modified: 12 Sep 2015 3:13 PM | Jesus Galaviz
  • 13 Sep 2015 6:53 PM
    Reply # 3524912 on 3517641
    Richard Kellett (Administrator)

    Ana

    I have done many "subject to" deals. If you would like to discuss your situation, I would be happy to talk to you about it. Please contact me.

    Dick Kellett
    817-915-0122
    rakellett@netzero.net


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