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I have a question about sub 2 and escrow. It seems confusing to me. If you are doing a sub 2 how would the escrow work. If there is any excess funds would it be refunded to the original mortgage holder or to the...
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Hi, I was recently watching videos on flipping houses when I came across an idea I hadn't seen before and I was confused on how it worked. Instead of getting a private lender to step in this guy said he makes contract...
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Does anyone have an example of a when they offered a low ball number but also a higher number with seller financing? Looking at a vacation home/STR property. Current Seller ask price is too high over market, so I’m go...
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I am looking to learn the exact process of what the paperwork and who you take your contract to AFTER you put it under contract. Something either like a step-by-step process or a checklist. I already know what Sub-2 i...
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I had someone approach me about Subject To. I know be very little about this, so figured it’d be easier to ask BP instead of burning an hour of research to find the answer Are you able to sell a property a few years i...
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There is a house in my sub division that i would like to buy. The husband recently passed away, and the wife was just a homemaker , and didn't handle the finances in the household . She is now left with 2 mortgages, o...
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I have my first contract! Now I am trying to figure out the next step. I believe this would be a perfect subject to house, but I've been so focused on finding a house that I don't know what to do now that I have one....
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I just wrote a beautiful piece that for some reason the post disappeared so here we go. Long store short. Should I keep looking for my building complex or pay off a home. I just Refi. Which one is advantageous.
I have a property coming available that I am looking to wholesale or put a tenant buyer in that the existing mortgage is a VA loan. There is something in the back of my head that remembers something sticky with VA...
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What action do I take for keeping financing in place while doing a fix and flip? Is there a form or a contract that is used so that I can just take over payments? Thanks, Chris