I guess a lot of Scott's buyers are under water the day they sign a loan, so he must be regularly evicting and reselling some of those houses.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no un...

I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vacant property, or have a tenant)The buyer would then take over the mortgage payments, and have the seller sign the deed over to the buyer.

Hello Cody,I don't think you are going to find any escrow officers who will do a subject 2 deal. 

The best thing this community can do is encourage your son to run far away from a subject to deal.

Not going to kill it on the rental income, but if you sell it subject to, there is a lot of equity.

@Dmitriy Fomichenko Wow a solo 401k is not subject to UBIT.

Yes, as S-Corp owners receiving W-2 wages, employee deferrals to a Solo 401(k) are subject to FICA taxes (Social Security & Medicare).

Part 3 of 3 - In Subject-To deals, who is really entitled to the deduction?

Is is subjective by real estate agents?