(E) "Legal description" means a description of the property by metes and bounds or lot numbers of a recorded plat including a description of any portion of the property subject to an easement or reservation, if any.

In the purchase and sale contract it reads:Sale Price:                                             $_______________Subject to: ___________________           $_______________Equity:                                                    $_______________Payable: ______________________What goes in the "Subject to" blank and dollar amount?

So no heat, no hot water.

Hi Travis I like high days on the market DOM and expired listings for sellers that have trouble selling with an agentMost of these houses don't have a lot of equity and what I try to do is talk to the sellers about either doing a lease with option or a lease purchase or subject to or a wrap

Natick is very desirable area that has been pretty hot for a while.If they are having a hard time selling it then it is either overpriced or there is some flaw that makes it off putting.  

I was just curious if people in a similar situation when they started, started with wholesaling, finding subject to deals, etc. until they accumulated wither enough cash to make a purchase or got past the 7 year period until they could get financing.  

Like the subject said, I am a reformed procrastinator (favorite form of self-sabotage = researching to the point of analysis paralysis.)

The IRS has a form that may be filed with the local register's office of their relinquishing their rights to the subject property. 

Letting them know that your ability to purchase the property is subject to finding someone to finance your project and if you cannot obtain financing, then the agreement will expire in 30,60, or 90 days or whatever you and the seller agree too.  

Additionally, changing a poor flow or layout to a better flow or better layout will also have tremendous ROI benefits.In your specific circumstance, we all would need to know your current market conditions, your subject property details, and what the competition has to answer such a question.