7 Ways To Profit From Subject To (Subto, Sub2) You Get the Idea ;-) 1st

[Account Closed]

Subject To is a form of Creative Finance when buying real estate. Instead of borrowing money from the bank, you are borrowing the mortgage of the person who sells you their property. You can see the advantages already. If not, ask and we'll explain.

One method is to find someone who wants to sell but who either doesn't have the money to fix up the house to put it on the MLS or doesn't have time to wait for a buyer. So, you offer to do that service for them. You cut the time to "immediate, no waiting" or you take the property in it's present condition, or both, no stings attached. In exchange, they let you take over their mortgage debt and you take over ownership of the property. Are you in CA, you can do this, are you in FL, you can this are you in ID, you can do this. Anywhere, anytime.

That, is buying Subject To. 

So, there is who, what,  when, where, why, how and what now . . . But, learn it the right way (as we coach/mentor it) or pay the price - you'll see what I mean in the next post - what can possibly go wrong ;-)