????'s on a "Subject To " deal

would this work?

3br/2ba in new condition

Owner wants $5000
and take over subject to

1st mort- owes- 113k
2nd mort-owes- 28k

house is worth 163k with no repairs needed (only 5yrs old)

how can I make this work, or if i can?

You’d be at $146,000 for a house worth $163,000. That’s 90% of retail value, in a questionable market. I’d pass!


Your right. Thanks :banghead