Many are legal, some are probably not so legal, some are probably specifically prohibited - so for sure you need to speak with an attorney about your strategy before you dive in.If my memory serves me right, it's what armando built his first guru program on - maybe it was his hair, or his smug attitude, or it was just him... but everything about the "subject to" thing rubs me the wrong way.The entire concept, i believe, really is way beyond a basic or straight-forward deal, and also puts your client in a fairly precarious position where the note could get called at basically any moment, and if they can't pay off the note (which they can't, hence the agreement to the subject to) they just defaulted and are now facing foreclosure - In fact, I witnessed this exact situation today on a $12mil note that got called in UT county.

It has been 3 weeks but they keep saying that it is a fire /frozen pipes season and takes up to a month.I bought the house for cash 54k back in Nov 2017 so do not have any recurring payments on the house right now other than taxes/ins.I am looking for someone who has gone through a similar experience and to give me some heads up what to expect.My insurance is, I guess, very straight forward type of a deal - 94 replacement cost, 8k rental loss.What can I expect now?

Looking forward to your replies!

Look forward to speaking with you. 

As I move forward in my real estate investing career I commit to sharing as much as possible and helping others in the same way this website and podcast has helped me so far.  

For lower leverage deals, say sub 60%, some banks and life insurance companies allow you to forward rate lock up to 12 months prior to close.

Spending so much money upfront limits what you can do going forward. 2) Best advice is that if you limit your thinking, you'll always have limited results.

Pretty good given the circumstancesFast forward another month we ended up having another vacancy due to the tenant passing.

A young couple screened successfully and I am interested in moving forward with the process with them.

We are still working through our business plan.I am so excited and thankful for an awesome tool like BP and all of you members who have contributed to the knowledge share.I look forward to connecting with you all.