Of all the real estate investing strategies available to real estate investors today, probably my favorite is what is called sub2 or "subject to". Buying "subject to" basically means that you as the investor agree to buy a sellers home "subject to" the underlying financing on the property.
One of the things that makes buying this way so effective is many times you can purchase homes without any money of your own, or putting your credit on the line, in other words real estate investing with no money down. You then can turn around and find a buyer of your own that you'll sell to on a lease-option agreement.
"Subject to"-- real estate investing with no money down
Probably 99% of the time when a person agrees to sell their home "subject to" they are a number of months behind in their mortgage payments and are seriously close to losing their home to foreclosure. So when it comes to those payments in the arrears, well someone has to take care of them, either you as the investor-buyer or someone else. What you will obviously do is leave that to your lease-option buyer.
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