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.

I fully accept this approach works, if the numbers really do support it.

To really contribute here, I think my best bet is to try to remember:a) Not everyone knows what I know-- no matter how basic-- and to try to share detailed information on what I've done as time permits and,b) Remember that it's not just about the nuts and bolts and the how-to, but about keeping the right attitude, and bearing in mind that my own unique way of looking at something and my own attitude and approach to life may be as big an eye-opener to another person as all the specific techniques, and strategies I use.Thanks for your time and have a wonderful biggerpockets dayDitto :beer:

I like your no-nonsense approach without all the motivational stuff.