"Subject to" financing....... - Posted by Sean

Posted by Ronald * Starr(in No CA) on August 20, 2003 at 22:09:58:

Sean---------

You are the owner. Yes. As long as you have the equity to cover the junior lender. And you qualify for the loan. And the property qualifies. You understand the drill. It is a normal thing for people to put more financing on their home, even when there is an old loan against the property, orignally borrowed by somebody else.

Good Investing*********Ron Starr*********

“Subject to” financing… - Posted by Sean

Posted by Sean on August 20, 2003 at 21:20:08:

Crazy question…Can I pull equity on on a property I have the deed on, but still has the original owner on the mortgage???