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Updated over 1 year ago on . Most recent reply

User Stats

13
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3
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Alex Kolbo
  • New to Real Estate
  • Lincoln, NE
3
Votes |
13
Posts

Can I (should I) do a "Subject to" with realtors involved?

Alex Kolbo
  • New to Real Estate
  • Lincoln, NE
Posted

Here is the context since I know some of the variables might change the answer. I live in Lincoln Nebraska and want to invest here as well. This would be on my first investment property purchase so I would just feel more comfortable with having an agent (who also is an investor) be with me for the ride. I would plan on still paying both realtors there 3% each. I am looking at single and small multi family properties that have been on the MKS for over 3 months. 

  • Alex Kolbo
  • Most Popular Reply

    User Stats

    319
    Posts
    209
    Votes
    Jessie Dillon
    • Investor
    • Hopedale, MA
    209
    Votes |
    319
    Posts
    Jessie Dillon
    • Investor
    • Hopedale, MA
    Replied

    love where your head is at! creative financing can be hard with realtors involved, because most of them just straight up don't understand it or are worried they won't get their commissions (even if you preface with that). even if YOUR agent gets it, the listing agent may not, so you guys might be in for an uphill battle. creative financing GENERALLY works best for offmarket deals where you get to talk directly with the seller. everyone, don't come for me with your exceptions to this rule, i know they exist lol. but the short answer to your Q is YES you CAN, you may just have a hard time getting the listing agents to pitch your offer. pace morby has a great process for this. pitch, and then wait for the listing to expire, then skip trace and call the owner to see if they even presented it to them. they usually don't. you'd need a good system in place to keep track of everything you have your eye on, and call at the right times, but just thought i'd throw that idea out there!

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