Subject To Questions to Bank

[Jonathan Frausto]

Hey BP Fam

Currently under contract to purchase a single family via subject to

What Id like help on is, is there any specific questions I should be asking the bank once I have Authorization to Release form completed. 

I know I should be asking some basic questions like:

"Are we in foreclosure yet?"

"Can we still catch up on the mortgage?"

But is there anything that I'm missing that I should ask or do in order to make this as smooth as possible

thanks in advance

Jonathan

[Jonathan Frausto]

@Brett Goldsmith

Rehab is just floors and paint Just to get rid of dog smell. In my area it can be done with $10-12k maybe even less

The more we talk about it the less appealing holding onto this one sounds. It almost sounds like a get in and get out situation where I’ll just get it out of foreclosure, Subject To, and Flip it quickly for a relatively fast $15k