A team buys a property on 2nd Street with zero money down by assuming the existing loan, transferring it into their name. They contrast this with a separate deal they're handling subject to, where the loan stays with the seller.
The one on 2nd Street, we're actually buying it at zero money down because we're assuming the loan. We're not taking it over subject to, the loan's coming into our name. And so we'll be doing a loan assumption and then a subject to where the loan stays with her. Anybody have questions about that? I thought Amora was going to raise her hand. So she went— No, no, Catherine. Did we lose Blake? Olaque, where are you at? He's gone. Okay. All right. So I'll tell it since you're out of here. All right. So he was running the deal. I was waiting for him to come back or something on that, right? Or no? Anyway. All right. So, one more. We're gonna wait to hear from the firefighters.
