subject to deals - how much does everyone put down and has the bank called loan due for anyone

[Sam V]

subject to deals - how much does everyone put down and has the bank called loan due for anyone.

Also, if there is a realtor involved have you structured anything creative to avoid putting a lot of money upfront since there is a risk that the loan can be called by the bank.

Please let me know

[Andy M.]

I took a property sub 2 earlier this year that I flipped. Wells Fargo was the lender and they actually did call the loan due even though it was performing! This was the first time I have ever heard of a bank actually calling the loan. Fortunately I was out of the property in 6 months anyway so the bank didn't get a chance to start the foreclosure on my PeRFORMING LOAN. I've probably done about 15 sub 2 deal and this was the only one that I ever received a letter from the lender calling the loan. I did catch up about 15k in arrearage the day I closed, that might have tipped them off, but still, PERFORMING LOAN. I've been investing 9 years and I still don't understand banks.