Is Subject To Really Assuming A Mortgage?
Hello All-
I have studied so many different forms of investing that my brain has probably reached its full capacity. I am still a newbie and just got a couple houses under contract. The deals that I am working on I intend to flip to another investor and they are not what I am inquiring about at the present time.
Can anyone define Subject ti? Is it basically assuming the mortgage, and getting the property deeded in your name. Please do not tell me what books to read because I do have many and I will read them. I would just like to get a general idea.
Thanks so Much!
itisha,
Glad to meet you,
This link will give you some basics.
http://www.thecreativeinvestor.com/residential/modules.php?name=Articles&file=article&articleid=146
John $Cash$ Locke
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I will check it out now. Thanks!
Great Stuff! WhenI finally flip my properties and Get some Cash, I will definitely support You!
itisha,
Thank you for your kind words.
John $Cash$ Locke
[addsig]