I have no idea what I am doing

[Rashawn Stevens]

Hello BP, I had a lady contact me saying that she was interested in selling her house. The house is in great shape BUT she owes about the same amount that the house is worth. I asked her about her loan on the home and she said its an interest only loan. She owes so much on this house, and the loan terms look really bad. I have done some research and I think this may be a Subject to deal, but I I dont know what I am doing in regards to subject too. what should I do with this deal?

[Account Closed]

@Rashawn Stevens "I have no idea what I am doing" You are a funny guy.

Send me a colleague request and remind of this post and I'll help you get started. I've done Subject To and Lease Options for twenty years and I have some techniques that work in WA AZ TX and CA and I'm sure will work in VA.

I often run into even experienced Flippers, that start a Subject To and get hung up in the complex transaction that it is. However, with a few Subject Tos under your belt, the rest of your life is much more fun and profitable. It is smart to have a coach, no matter how long you've been doing real estate if you want to learn Subject To, and having one does cut the start up time by about 6 months but is not mandatory.  And no, no matter how much you read about it, that doesn't fill in that last 10% that you need to complete the transaction and stay out of trouble. But, it is worth the pain to learn the technique.