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Updated over 2 years ago on . Most recent reply

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Grant Anderson
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Subject-To Education Material

Grant Anderson
Posted
I'm trying to find as much quality material as I can on Subject-To property transactions.
Right now I'm in the process of finding title companies attorneys with experience in this area (and preferably foreclosures as well) that can help me put together the contracts and advise me on the best practices for doing this.

This topic is proving difficult to find material on, and when I do find material, there appears to be many ways to do this, but I was hoping that some investors here may be able to point me in the right direction. My #1 priority is making sure the seller doesn't get hurt in the process because of an error on my end.

A quick example of the different methods for doing this is having your LLC added to the title, vs. transferring title into a land trust, vs. transferring your title to an LLC (more likely to trigger Due-on-Sale though), etc.

Advice/help in this area would be greatly appreciated!

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Grant Anderson
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Grant Anderson
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Originally posted by @Kerry Baird:

The seller can place the property into an inter vivos revocable trust, and then at closing change the beneficial interest of the trust.  Call around to local title companies or real estate lawyers and ask if they will close "subject to" deals.  Ask them what you need to do.  First step is finding the deal...

 Thanks Kerry. I'm in that process right now.

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