Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

16
Posts
0
Votes
Arnel Ackar
  • Investor
  • Goose Creek, SC
0
Votes |
16
Posts

subject 2: still worth it in late 2017

Arnel Ackar
  • Investor
  • Goose Creek, SC
Posted

So I've been looking into "subject to" recently and would like to start doing it. I understand a lot of subject 2 was done post recession years and it worked great. I understand how in a post recession economy it would work great, however now that the market has (largely) recovered are there still plenty of subject to deals around that would make sense to an investor?

Most Popular Reply

User Stats

1,895
Posts
1,918
Votes
Tim G.
  • Rental Property Investor
  • San Diego, CA
1,918
Votes |
1,895
Posts
Tim G.
  • Rental Property Investor
  • San Diego, CA
Replied

I look at it almost like a Dr. each house is patient, whats the prognosis? 

Sellers could list and do xyz, but that doesn't mean they will or that it hits on what they want. 

I got a house sub 2 this year, I only did it due to instant equity, ok cash flow and I think I can refi should I get called. 

The only reason I can see why the seller allowed me to do this is because he wanted me to take all the junk and he was too busy to deal with cleaning and selling (MBA, work and a baby). 

Lesson learned, think on your feet. Propose creative deals, the worst they can do is say no. I truly don't view this business as convincing a seller to do anything, its finding the square peg and putting it the square hole nice and easy. 

Loading replies...