How Long Before ReFinancing A "Sub To"???
I wanted to find out if I do a subject to deal...can I typically make the new owners refinance within 6 months?..Or do I need to wait at least 1 year? Is this waiting time in order for the owner to improve their credit or/and an increase in the value of the house? When after refinancing I get my back-end payment and the new loan is now in the their name and I am no longer involved and move on to the next deal? Is this correct?..
1 year is good to repair credit issues...may take longer....and for seasoning there note with you....