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Updated about 1 year ago, 10/24/2023

User Stats

12
Posts
9
Votes
Aj Ulloa
  • Investor
  • Austin, TX
9
Votes |
12
Posts

SubjectTo deal - my first deal

Aj Ulloa
  • Investor
  • Austin, TX
Posted

Hi, fam. I'm a newbie investor and found a SubjectTo deal here in Texas. I'm super keen to dive into the deal (it'll be my first investment deal), however, I've never done this before. 

Is there anything I need to be aware of in this deal? 
Should I use my real estate agent on this deal, even though I found it? It may be worth having him along for the ride to make sure it's a clean deal.

Should I consult with an attorney?

Do I still get an inspection period in SubTo deals?

How much earnest money should I commit to?

If the loan is an FHA loan, am I meant to move into the home?

So many questions lol. Any help is appreciated, cheers.

-AJ

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