Here's a general picture of how it works and its implications for both buyers and sellers.Benefits to the Seller: The primary benefit to the seller in a "subject to" transaction is the ability to quickly unload a property without having to pay off the existing mortgage immediately.

-open a teades account at Sherwin Williams, lumber liquidators etc.

you want to do everything in categories . home deopt may be just lumber and finishes . all of the other trades come with their own materials 

There is also a Ace in Crestline and a lumber yard in Rim Forest, immediately east of Crestline. 

One reason that the property was listed within our price range at all was due to the fact that the previous owners performed limited deferred maintenance on the property and were eager to unload the property due to a dissolving partnership.

well lumber is down  so that could help.. but if your just getting a lump from your GC I guess that is his delta to capture. 

The price of lumber currently is making it really hard to want to build another spec at the moment.

For us we are supremely blessed with our new build project in Oregon it has been quite the adventure coming out of the ground right when covid started.. then lumber 3X etc etc but for us the values rose to keep our original or exceed our profit margins per pro forma just taken a little longer than what we all planned or hoped for.

If anyone has a multi they want to unload anywhere around there, pm me the info on it. 

Ask your rehabber where he gets materials, try to find some lumber yards and suppliers, not lowes of HD as they have credit departments.Set up a line of credit with suppliers and by the paper at the time of sale.