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Nathan Brooks
Pro Member
  • Real Estate Investor
  • Kansas City, KS
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397
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My first subject to deal - MO

Nathan Brooks
Pro Member
  • Real Estate Investor
  • Kansas City, KS
Posted Aug 3 2014, 13:25

Hi all!

I will be going to buy my first subject to (sub2) deal tomorrow ... I have a few contract questions I am trying to figure out.

1. When you write the offer are you writing it with a FSBO sales contract? And if so, what are you writing in as the sales price?

2. When you close, do you contract the lender and ask them to be sending you the mortgage info w/ a third party authorization?

3. What else am I missing? 

I will most likely be holding it as a rental for a few years and then selling. Any other thoughts, experiences, whatever you have ... thanks for your time!

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