All Forum Posts by: Darius A Newman

someone else told me that too. if he doesn't pay or leaves i can pretty much do another sub-to deal and get another good down payment. but i have to make sure the loan is getting paid until i find another buyer/tenant. thanks again guys for all the clarification. this definitely helped me alot  

 ahh makes sense. thats what i needed. thank you so much for clarifying for me. I wasn't sure if the type of loan mattered in this situation. forgive me im still a newbie lol

And if you dont find a buyer? Then what? 

I am assuming (correct me if I am wrong) that you want to get a loan on the property to purchase yourself, then resell sub-to? 

then i have a contingency where i reject the contract to the property.

I want to find a end buyer (wholesale) that was option #1. the sub2 portion was offered to me by a potential buyer 

@Wayne Brooks well in order to do the sub2 im going to have to get the loan to purchase the property. so a loan would be in place but didn't know what kind of loan to get or if it even mattered.  

@Account Closed  

definitely understand where your coming from however, i am looking for buyers before i sign this contract. i do have contract in hand tho but not signed and returned. just don't know if this subject-to proposal would work for this me

i have a question and scenario i would like to share and get opinions. Thank you for your time in advance! I recently won a bid at an auction for a property that was bank owned and haven't closed yet but have contract in hand. im currently marketing/wholesaling the deal to the marketplace. unfortunately since it is bank owned i will have to double close on this deal. i found someone who is interested din the property but would like to subject-to this deal. How can a subject-to work in this situation as im not 100% knowledgeable in subject-to deals

I'm a wholesaler in Tampa and would love to connect 

I'm in the Tampa area as well. Would love to connect with you all 

I'm looking for a title company and an attorney in the Hillsborough county. Please drop your recommendations!! 

i have an investor thats interested in buying the property lined up. the property in located in spring hill florida. im going to check out that article. @Huey Fontenot