That's subjective and depends on liquidity, risk tolerance, strategy and many other factors.

The collateral that would be seized is the subject property.The Exit depends on price range, market, location. 

I own units with a wrap mortgage, however, the bank that had the current loan worked with us and basically let us take it over subject to because we were coming in to help save the owner/seller, so they were aware the whole time.

I had a retail deal and bank had an appraisal of $10,420,000, looking at P&L from 6 months earlier on the subject the NOI was $300k, looking at rent roll of a month in August the income was $105k with 35% vacancy, asked the asset manager how did the come up with $10,420,000 and he said based on that month rent whats renting in the market not considering this is a stressed property and wanting around 80% off that amount which did not even make sense what so ever.

I’m listing to podcasts and I’m about to read Brandon Turner’s book on the subject.

Then give them your specs.Then use this as your hit list and start making 3 offers a week subject to.

The offer would be subject to town issuance of a zoning cert. stating the lot can be built on.

Why not due "Subject to?" 

Hey all, I was wondering if any of you guys in here are currently or have recently done any sub to / seller financing deals. If so, where/how did you find distressed and motivated sellers that were willing to do those...

No one on this forum will be able to answer his question unless he wants to provide his income tax information.Capital gains at the federal level is either 0%, 15% or 20%.He may have capital gain carryoversIt may potentially be considered a business and subject to ordinary income which would be at his marginal tax rates.No one knows where the flip is done or in what state which impacts his state income exposure.