Sub-to versus Conventional Methods

[Colby Zeller]

Bp Community, I plan on buying my first property after I graduate school in Dec 2023. Recently Ive been debating the best way to fund my deal, and I've recently discovered a little method called sub-to. Its seller Financing on what ever your own terms are to little or no down depending on how you negotiate the deal. If anyone with any advice on the topic or experience would clarify for me that would be great ! Also any input to what method works the best for people starting out would also be very helpful thank you !!!

[Karl McGarvey]

Sub-To and Seller Financing are great, but they are not super common. For Sub-To you are going to have to find someone/property in distress who is willing to just let it go. This could take months to find, maybe longer.

With FHA now offering loans as low as no money down, I would be chasing after a small starter home to house hack using that financing instead. Take your remaining time in school to focus on building a credit score and a small savings account. This gives you quicker entry into "the game" and you start building equity from day one. It is the easy button compared to what you are talking about above