Subject To

[Junior Silva]

Hello everyone, I'm new to the site and relatively new to real estate. I'm looking at a property in upstate New York of which I would like to do a subject to deal. I've been looking on the Internet and understand how it works but, I can't find any contracts for this type of agreement. Can anyone here assist me in this?

[Jay Hinrichs]

@Alex Franks  Sub too is a viable way to transact business I have done many of them probably over 100 of them... what is not talked about is the risk to the Seller though

many times buyers are just not financially ready to do sub too deals and this puts the seller in extreme jeopardy.   And many of investor wanting to do this because of low capital requirements find themselves in financial trouble which falls down to the seller .. seller gets pissed off turns them into regulators and the equity skimming laws come into play.. I have seen some people go to jail over this.. Now granted they were crooks they deserved it.. but I also helped out a nice young group of investors here in Oregon that had done 30 of them and it was going down the toilet the sellers were filing complaints with the AG.. I came in and worked them out for these guys... but had I not been there I am sure they would have had deep troubles.

Junior   google  "All inclusive deed of trust"  state of CA.. I like this document and the way these are set up to protect the SELLER my only interest in all of this is protection for the seller...