I'm not understanding. You contract to get the house subject to the existing loan, and then they deed it to you? How do you pay them for the house? Or is the monthly cash flow the agreement? as in you put a tenant / lessee in it who pays you such that you come away with a small net profit?
I'm not understanding. You contract to get the house subject to the existing loan, and then they deed it to you? How do you pay them for the house? Or is the monthly cash flow the agreement? as in you put a tenant / lessee in it who pays you such that you come away with a small net profit?
shakaama 4 months ago