Can a seller that agrees with me to sell "subject to" get a new mortgage right away to buy a new house. If I provide a letter stating that I was covering the mortgage, would the seller be able to turn around and b...
Subject To is definitely NOT a “No Money Down” technique”, Here’s why . . .
The obvious question is: "How Do I Keep Finding These Smokin' Deals"
It costs money to locate a willing seller. One of the largest wholesal...
Hello! I have come across a subject deal. They are asking $15K + Subject Deal ($58K + $310 per month interest). I am trying to finance via Hard money and around $30K-$40K in rehab. Do I add the $15K to $30K-$40K rehab...
There’s a lot of negativity out there concerning the risks (especially to the seller) of subject to deals. To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they n...
Hey all,I tried to find the answer to this elsewhere on the forums, but was unable to find my answer, so here goes:If a seller is selling individual properties in their rental portfolio, all covered by one blanket loa...
I might have an opportunity to take on a subject to loan. Is this a good idea?Im taking on a loan amount of $144,236. 28 years left on mortgage, 2.875% interest on the note ($956 payment). I can get 1200 maybe more a...
As far as I know, you're required to carry homeowners insurance when you have a personal residence.
If I, as an investor, acquire a property subject to owner's existing financing, what about their homeowner's insuran...
Hey everyone, I recently purchased a sub-to and I’m fairly new to this specific strategy so I’m unsure how to go about getting home insurance on this specific property.Here is the situation: I just purchased this home...
Hey BP community,
I’m just starting out on this REI journey and I had a few questions. I’m meeting with my CPA today to go over some things. One of the questions I have is, In California, when we close on a deal whet...
Good day everyone. I am seeking advice from anyone who has been through subject tos. I landed my first deal and it’s a subject to, I got the deed in a trust recorded at the courthouse and I also have the agreement wit...