If you find a REAL deal try approaching them to see how they react but don’t be disappointed if they tell you no, find out why they said no and learn from it.

Luckily he was in AA by this time and still approachable and amenable to doing this.

All of the electric would have to be brought up to current code (the house was 75 years old) and fire damage would have to be replaced or treated so it wouldn’t smell.

I've looked at a variety of REI strategies to supplement my standard Down Payment/Finance/Buy & Hold approach -- from mobile homes to foreclosures to wholesaling -- and I'm now considering Subject To.It's clear, from reading MANY articles on the topic, that it's somewhat controversial and borderline ethical at best.

I had no idea what kind of flexibility was built into their pricing and what you said clears that up for me.It was initially brought to the market at $189,900 but then was reduced to $179,500 the next day.

New development is rapidly approaching from Downtown, while other nearby neighborhoods with similar 1920-1930 homes are being lovingly restored.

gordo,Once again thanks for your information I certainly can approach more deals knowing I don't have to go to the table with closing costs on these types of deals.

Good to know I am in great company with approaching a deal any way it will work.Robin

A strange string of events brought me to where i am is the best way i could describe it.I started my career in motorcycles of all things doing sales.

If the tenant IS on a month-to-month, or approaching the end of a longer term agreement, you JUST state that they will not be renewed.