I have heard of sub2’s before but never really knew much about it until I read this board, wow lots of great information.
Is it true that Sub2’s is not allowed in certain States? If so, which States are those and why?
Also, when someone (buyer) takes a property subject2, how long will this buyer be making the mortgage payments for, like until the mortgage balance is paid in full or until the buyer sells the house? (if that’s possible) :o
Thank you
LadyBug