Unless the seller has to be immediately out of the mortgage I see sub-to as an excellent cost reduction strategy. just reading between the lines.. but if the bank says they will take 91k for it sounds like the mortgage is in default so a sub to might not be possible.

have an excellent day all!!

My current goal is to transform my professional Excel budgeting tools into an AI-powered app to streamline day-to-day property management, particularly for financial operations.

There are some excellent posters on BP but occasionally some go beyond what I think is appropriate for lay persons.

Others are responsible with their budget and can stretch a dollar.If they are excellent renters, I would offer them the option to renew and let them make the choice.

Hi Henry,You’ve mentioned some excellent points about the complexities of scaling a portfolio in Europe and the importance of understanding local markets.

I have an excellent consultant who helped us a couple of year back.

The interest rate is 2.375% so I am having a hard time letting go of the excellent rate.My question is: To scale from here, should I sell it and buy a fourplex as a house hack? 

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

You may be excellent at what you do and beat the national average in every category of your expertise.