How to convince seller to sell subto?

[Timothy Altman]

Hello Community, 

I'm seeking advice on how to approach an investor in my hometown who's looking to sell a list of properties, some of which are near one I already own. However, the investor owes more on the mortgage than the properties are currently worth. I believe creative financing, specifically subject-to, could be the solution. Any tips on how to present this to the seller? This would be my first subto deal.

Also, I'd appreciate any recommendations for title companies and transaction coordinators experienced with subto deals in Mississippi.

Thanks!

[Michael Smythe]

@Timothy Altman recommend you start by making an offer that meets your ROI target.

The seller will probably reject your offer, but it opens the door for further discussions.

You can then discuss alternative transaction types.