Also, if your seller cannot post bond and its determine one is required by judge, your seller will only get limited powers and your intended sale is now subject to overbid in open court.Lots to know; lots that can go wrong, and much to learn about to control and work these deals.

@Bill Gulley has written extensively about Subject to existing financing if the loan is calledIt has to be a wonderful house to do sub 2Be prepared to get alternative financing if the loan  gets calledExit is usually renting or lease to own

Account Closed Don't forget to check out The Book on Investing In Real Estate with No (and Low) Money Down (http://get.biggerpockets.com/nomoneydown/) that BP's own Brandon Turner wrote about this subject.

Originally posted by @Brian Gibbons:@Shawn ConnorsRent to own works best in A or B areas, not C or D areasPerfect house,  perfect neighborhood, perfect schools, some where to sink their feet for 5 to 7 yearsInstead, I would look at buying on terms like a wrap around mortgage or sub 2 then renting it out if the area is not great How would a wrap or subject too work for this?

I told her to be weary of people asking for a bunch of money up front but that's about the extent of my knowledge on the subject.

I would highly discourage contacting them frequently if you don't have business to perform, as this could cause you to be ignored and labeled as a waste of time.

The question of where/if I can find such a unicorn of a house that sells for $375K and cashflows is not the subject of the discussion.

@Reggie MaggardHere is an excerpt from a link I'll give you:In fact, the HUD-1 Settlement Statement (lines 203 and 503) that is used for virtually every loan closing has a blank which states, "loans taken subject to."

Doing your own due diligence on the market and subject properties.

He is not a good tenant is frequently late.