Posted by Randy (SD) on October 17, 2003 at 13:44:37:
Do you have the $12 k/$15k to remedy the back payments? If so the first step would be the contact the sellers find out if they are interested in selling, get the property under contract. Then depending on your contract price you decide what you’re options are at that point you might ask the seller if they would consider a subject to sale.
If you don’t have the necessary funds to remedy the deficiency, it looks like a flip is you’re best option.