If I take control of a home sub2 orig. mtg. how do I then lease/option it out w/out being
liable to the TB for equitable interest?
I want to rent the house to a TB w/ charge them an option fee to move in. I’m thiking about setting the option for 24 months…that’s about as long as the current owner is willing to go w/out cashing out of the deal. I just dont want to get someone in the property and run the risk of having to forclose on them as opposed to just a standard eviction?
has anybody got any insight or direction they can offer on this for me?
thanks!