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Updated over 4 years ago,
Subject To Contracts
Hey BP! I'm looking for some advice on Sub To, Seller Financing and Lease Option (exit strategy) paperwork/contracts/disclosures. I've been following the Sub To and Seller Financing Wholesaling strategies for a while, and while I understand the concepts, I'm wary of presenting the option to a seller without having all my paperwork and disclosures in order.
Anyone have some insight, contracts, or advice so I can pull the trigger on some of my low equity motivated sellers?
Similarly, how are you guys evaluating lease-options buyers on the back end? Don't want to have to eat the cost of a foreclosure.