BP Team! I have a scenario that I believe subto can help be the solution but I have never done it before and would like your input.Scenario:Preface - This property is listed on the MLS and I am the buyers agent trying...
I live in a good side of town here in Tennessee. My neighbor had a lease purchase on his house and at the end of the lease, he decided that he wasn't going to purchase the house.
The owner thought it was OK for him...
If my asking price of 50%-70% of the ARV does not cover the sellers loan then the deal is essentially eliminated correct??
Scenario - Sellers bought house in highly desirable neighborhood in Phoenix, AZ at peak of last crash. They still owe $650K. The home is worth between $595-610K. ARV could be right around $650K. Home is 5 bedroom.Sell...
hello, I'm curious about subject-to deals and how they work. I understand that you take over the payments and pay what ever payment have been missed. my question is what happens with the equity already in the house? w...
Hello, I've been hearing a lot lately about purchasing property "Subject to". My question is, once Seller agrees to deed property over to Buyer, is the Buyer now on the hook to cover mortgage payments until they find...
Lately I have gotten more and more familiar with purchasing properties "Subject to," and I like it. This strategy has been able to help homeowners get out of situations and mortgages they can no longer afford. The bes...
I posed this question in a broader since a few days ago and stated that I was really looking for advice from someone in or around Houston and it didn't get any comments. I'm pretty new to the sight and I didn't in...
For anyone out there doing subject-to deals in Austin, are you doing closings at a title company, your lawyer, seller kitchen table or some other option?
Hello all,I just landed on my first subject-to deal. The seller is motivated and is ok with me assuming the mortgage. We’ve loosely agreed on a price.This is my first time doing a sub-to and I’d like to see if someone...