I've been trying to learn as much as possible about creative financing. I want to see if I have the idea behind Subject-to deals down. Are there additional things I am missing? I plan on posting checklists asking the same on wholesaling and owner financing deals.

1. 1)Find a property via
   
   1. a.Marketing
   2. b.Networking
2. 2)Talk to the potential seller and find out
   
   1. a.Why they want to sell
   2. b.How much they want
   3. c.What they owe
   4. d.Any other liens/encumbrances
   5. e.Condition of the property
3. 3)Decide if it is worth it
   
   1. a.Evaluate potential ARV
   2. b.Find comps
   3. c.Gauge rent potential
   4. d.Determine what you think it’s worth
4. 4)Sit down with the seller
   
   1. a.Convince them to sell
   2. b.Discuss terms
      
      1. i.Cash payment for equity or
      2. ii.Straight up assume the mortgage
   3. c.Sign a purchase agreement
5. 5)Go to county office, get deed transferred
6. 6)Get insurance on property, with mortgage company as additional insured
7. 7)Have seller move out
8. 8)Start paying mortgage
9. 9)Fix/rehab, then rent, lease to own, or sell