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Janille Jackson
Pro Member
3
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15
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Seller financing deal subject to or wrap

Janille Jackson
Pro Member
Posted Sep 14 2023, 15:58

Hi I want to make an offer to a seller but can’t find an attorney that knows the ins and outs of subject to or wraps. Can anyone recommend an attorney to me for the Bergen County NJ area? 

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Randy Rodenhouse
Pro Member
  • Investor
  • Charleston, SC
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604
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Randy Rodenhouse
Pro Member
  • Investor
  • Charleston, SC
Replied Sep 15 2023, 07:00

Maybe find a local real estate investment club in your area and ask others who they have been using to close deals.  You could also call Attorney's in your area and interview them and ask them questions such as have you done lease options, have you done a wrap, have you done a subject to.  If they say no to lease option no sense in continuing the conversation since this is the simplest of the bunch.  

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Janille Jackson
Pro Member
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Janille Jackson
Pro Member
Replied Sep 16 2023, 17:41

Thank you 

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Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
Replied Sep 18 2023, 20:49

@Janille Jackson that's a good suggestion above.  I would also add that reaching out to some local real estate groups would help. There are some that will post on the Bigger Pockets market place but you'll find tons of them on Facebook. Just search things like "New Jersey Real Estate Investor Group" or something like that. Some of those groups have tens of thousands of members. You should have plenty of references to some there. I would also suggest to start networking with some in your area as well. Many of them will meet in person and you never know who would will meet or learn at these groups. Meetup.com is a great place for those as well.

Hope all of that makes sense. Thanks!

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61
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14
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Shenell Caldeira
  • Real Estate Agent
  • Kailua-Kona, HI
14
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61
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Shenell Caldeira
  • Real Estate Agent
  • Kailua-Kona, HI
Replied Sep 18 2023, 22:44

Go to Pace Morbyʻs creative finance group in FB and maybe JV with someone. He provides his documents to his students.

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15
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3
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Janille Jackson
Pro Member
3
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15
Posts
Janille Jackson
Pro Member
Replied Sep 19 2023, 09:52

Thank you!