Buying property “Subject To” an existing mortgage allows the investor to utilize the Seller’s existing credit rather than requiring the Buyer to get his or her own credit to purchase a property. Many people shy away from buying “subject to” because the complexity can be intimidating at first and normally uses a strategy involving attorney approved agreements, disclosures, trust documents, as well as insurance, tax and banking notifications to insure a smooth property transaction.
Buyers interested in this financing technique will see investors on Real Estate Case Studies.com discuss how they find and close 40+ properties a year using this technique. You will learn about…
See also Lease/Options since many investors favor buying real estate “Subject To” and selling via Lease/Option but be aware that some state laws have changed recently so consult an attorney