How to structure and negotiate “Subject To” financing!?
After months of research and studying, I have decided to look for potential sellers open to alternative options for selling their property.
Tracked down a property online to a LLC and then got ahold of the owner. I asked if they thought about selling and his response was that he was planning to list not one, but 3 properties for sell! I then asked if he was open to a different option of selling such as "Subject To" or "Owner Financing." He also being a real estate investor said he would be open to other options.
I have not yet looked at either of the properties in person but we agreed to meet and look at the properties after the holidays. This is my first deal with Subject To financing as an option. I want to give an offer and negotiate a win/win for both of us. My goal is to have a better understanding and a offer ready once we meet after the holidays!
I can’t wait for this learning experience, any information and insight would be greatly appreciated!