Option to Market Subject to Existing Lease

[Ritu Desai]

I have 2 rental listings One is off Market and one of MLS. Both of them have solid tenants in place with lease expiring in 2021. Both the condos have been well taken care of in great locations in Fairfax county.

Looking for options/guidance apart from marketing on MLS and other forums to reach out to the investors that may be interested in the subject to lease options. Thank you in advance.

[Eric Lewis]

I'm in the Norfolk area, but I do purchase subject to/lease option. Feel free to reach out!

[Patti Robertson]

Buying a property "subject to an existing mortgage" and "leasing it with an option to buy" are two completely different things.  In my opinion, sub-to shouldn't be legal.  It is already illegal in several states. I wrote a blog about it on BP.  Here's the link if you want to read it.  https://www.biggerpockets.com/...