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Updated about 9 years ago on . Most recent reply

User Stats

137
Posts
49
Votes
Matt Fisher
  • Investor
  • Des Moines, IA
49
Votes |
137
Posts

Advice RE a Subject to (Sub2) deal?

Matt Fisher
  • Investor
  • Des Moines, IA
Posted

I recently got a lead for a property that will go to sherrifs sale in a couple weeks. The homeowner owes back payments... How does one structure the back payments ito a Sub2 deal?

As a new investor, this hasn't been a strategy of focus, or I would have done more research. Its an urgent situation and advice would be most appreciated before I speak with my tax and legal folks.

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