Becoming an Expert in Subject-To
Hello All!
I have found Subject-To investing to be particularly interesting, and with what the market likely will see from Covid-related foreclosures, I think there will be a landslide of opportunities for this investing strategy, correct? I like the fact that this strategy saves someone from a foreclosure, while costing a good amount less to invest and time to get the deal.
I've been doing a good amount of reading on the subject, and I'm looking to really understand it fully. I've interviewed an attorney who has experience in the process, which from what I've read is step #1. What does the usual investment incur? If you do cash for keys, what's a fair dollar amount? Are there any experienced investors that have a good amount of experience in this that I might be able to ask some more detailed questions? Any particular caveats I should know, other than if a bank calls the note due?
Thank you all for your time!