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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Juan Francisco
  • Bronx, NY
5
Votes |
11
Posts

Looking to learn to Buy & Hold property

Juan Francisco
  • Bronx, NY
Posted

Hi my name is Juan and I am looking to learn how to do a few "subject to" and "master lease" deals and then to advance into the"buy and hold" strategy. If you have any advice, I am ready to listen. Thanks :-)  

Most Popular Reply

User Stats

11
Posts
5
Votes
Juan Francisco
  • Bronx, NY
5
Votes |
11
Posts
Juan Francisco
  • Bronx, NY
Replied

Hi @Vishal Patel, since I just started to learn about real estate I too felt weird at first of the "subject to" but after reading up on it, it could make perfect sense for the seller in a tough position as most seller are not trying to ruing their credit. So I see the benefits for both parties so I think it can really work as long as one explains it clearly and honestly. Like in my situation I got great credit as I handle my money well which is a bonus for the seller but I don't have much cash which would work in my favor. And I would pay the note directly to the bank (on the first of each month) and always provide proof of payment to the seller which is a benefit for both and I currently manage two properties for my mother so I'm not exactly brand new to real estate. I'd like to connect more with you and possibly learn form each other on how we can proceed on learning the buy and hold strategy.  

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