Definitely not a wholesale deal to be made here, but what about subject-to?

@Robert Taylor If it gives you any solace, our property tax rate is comparable to what you endure in Milwaukee, and our property prices are 2-3 times what you find on the western shore of Lake Michigan {@Dawn Anastasi has been subjected to my grousing about this before}... yet your rents are 75% of what we can expect for a similar offering.

Yes, it can be a confusing subject because there really is a lot to learn.My recommendation is to stay focused in your early investing - both with your strategy and with your location to invest.

Hello all, I stumbled across BP and haven't been able to stop reading everyone's and opinions regarding a new, but passionate investing subject I'd like to get started in - Real Estate.

Besides wholesaling you could Lease option or take over subject to and place a tenant/buyer in the property.Let's assume everything works out perfect.

It's important to note that one can have different criteria for different properties as long as it's consistent for a given property, subject to LL policy changes in a multi where those changes may have to be implemented over time as leases expire.You obviously don't have rental property in Texas.

I wrote a pretty popular blog post about the subject.

But, make that offer subject to full verification of the financial data and ANY OTHER MATERIAL FACT offered by the owner and agent.Document the financials as presented and all material facts in an addendum to the contract.

And regarding purchasing subject to sellers, this seems to be an alternative but loaded with liability.So what is best strategy to help these sellers and long with only leasing out or option selling to possible tenant/buyer?

The phase one is checking for contaminants (not mold) at the property, connecting properties, and around the localized area to the subject property where contaminants could go down stream.