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Updated over 10 years ago on . Most recent reply

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Keleigh Felder
  • Real Estate Investor
  • Houston, TX
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Presenting Subject-To Offers

Keleigh Felder
  • Real Estate Investor
  • Houston, TX
Posted

How do you generally present Subject-To offers and get them accepted by the seller?

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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

What is worked well for me in the past is explaining to the seller the Costs to Sell with an agent versus renting versus subject to versus lease-option

those four options generally get their eyes open to what's possible. Then I do a Ben Franklin, draw a line down the middle, on the left put subject to where I'll pay PITI and maintenance for 2 to 5 years if they keep the loan in their name or we can turn the property into a rent to own, and They will get a check for rent but they'll have to pay maintenance and taxes for 2 to 5 yrs.

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