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Updated almost 9 years ago,

User Stats

557
Posts
71
Votes
Jesse Ramirez
  • Specialist
  • Las Cruces, NM
71
Votes |
557
Posts

Subject To's Legal In New Mexico? Please Help!

Jesse Ramirez
  • Specialist
  • Las Cruces, NM
Posted

Hello everybody, I'm relatively new to real estate investing and have found a spec builder who is willing to let me take over his mortgage/note on the home with some cash flow for himself. Im from Texas and know lease option and subject to's are considered illegal. Can I use these options in New Mexico? Legal or not?
Also, if so how do i go about the contract? Where do I find one and which one do I use? I'm not gifted financially yet so it must not take very much money. Thanks for all your help.
Jesse

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