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Updated about 6 years ago on . Most recent reply

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Arron Lloyd
  • Real Estate Agent
  • New York, NY
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Preforclosure's Subject To?

Arron Lloyd
  • Real Estate Agent
  • New York, NY
Posted

Hello BP community,

New investor here and 4 years as a real estate agent.  Soaking up as much knowledge as possible and want to start building portfolio.  Does anybody have any info on what the process of taking a preforeclosure subject to?  Is that even possible?

Where you contact the owner and offer to pay what they owe the bank and then take the property subject to?  How do you contact the owner if on Zillow a rep is listed etc?

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207
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Justin Hammond
  • Investor/Developer
  • Salt Lake City, UT
106
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207
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Justin Hammond
  • Investor/Developer
  • Salt Lake City, UT
Replied

@Arron Lloyd I have built up a good sized portfolio of sub2’s, at least a couple dozen of them have been preforeclosures. I’d be happy to answer any specific questions you have if you want to PM me.

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