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Updated about 9 years ago,
What's the typical deal analysis for Subject To deals
When doing a subject to deal, what does investor look for in terms of equity spread, or as long as the rental income to monthly payment spread is big enough?
I have a subject to deal in the making, but the wholesaler is trying to sell it at close market price, at best 6k equity on a 150k home. Good thing is the home has a very low fixed rate 30 year mortgage, and about $400 spread between rent income and monthly payment. Decent neighborhood.