We with encourage our Sellers to set up an Escrow account that we fund so that it makes the payments to their mortgage company on time every month.We have streamlined this entire “subject to” home selling process by creating a packet of all of the documentation required to complete these type of transactions, including all documents the seller would need to send their mortgage company, in an effort to make this home selling method as simple and straightforward as possible for our clients.

Part of my dismay with the method is that I see A LOT of people advertising that they offer this service.

Obviously the wild card is how widespread is the FEMA support going to be for those without flood insurance.  

Why are you choosing that method?

My favourite way to "improve" a property is the "right place, right time, right price ... do nothing" method ... then sit on it for 60-90days and refinance.  

BRRRR properties are normally purchased with short term financing (Hard Money, Private, Money, Cash, and a few other methods).  

I have about 350K in cash and about 900K in retirement funds that I could access, I think tax and penalty free by setting up a ROBs (a method I am investigating that via the tax code apparently lets one use retirement savings by setting up a C corp and funding a company by buying stock in it with retirement funds).  

Your Financial Goals are as simple as generating two very basic sets of number...dollars really:1)  Make enough Profit (lump sum returns) to Pay Off your personal debt...ALL of it.2)  Get enough CashFlow to "cover" your monthly bills...ALL of them...and to replace your current method of doing so.The overall Plan, is comprised of a series of Measureable Milestones made up of groups  of the individual Financial Goals (Debt Payoff, Cash Flow)...all lined up in a row.  

Great job on being patient and methodical and getting a deal done.

I decided that I want to use this method as it doesn't take me away from my family to "pound pavement" (which in my neck of the woods could get you shot) and is not going to cost me money like direct mail marketing does.