Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago,

Account Closed
  • Investor
  • Nationally
852
Votes |
1,616
Posts

How To Save Subto That's In Trouble - What Went Wrong With Your Subto, Let's Solve it

Account Closed
  • Investor
  • Nationally
Posted

There are a thousand things that can go wrong with buying a property using Subto, (taking over the loan and making the payments.) There are always solutions, but they are not always obvious solutions.

One of the most common problems is in renting out the property and then having the renter stop making payments. What do you do? The payment on the loan you took over still has to be made. Do you contact the Seller and have them make the payment? Do you borrow money from a gator lender to make the payment?

Loading replies...