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Updated over 2 years ago on . Most recent reply

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Reynaldo Purvis
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BEGINNER R.E.I. INTERESTED IN FORCLOSURES AND “SUB TO” DEALS

Reynaldo Purvis
Posted

Hello my fellow bigger pockets community. I am a beginner R.E.I. Interest in obtaining property Thru “Sub To Deals “ . With big investors jumping back in the market is now a good time for Sub To deals and how should I go about it as a beginner with competitive investor with more capital and experience then I have? If there is another way to get invested I am open ears. 


thanks in advance.

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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Capital doesn’t put you ahead, the real estate knowledge does. There are all sorts of scenarios in subject to that you are going to come across and  need to know how to handle. Know how each loan puts you at risk and why. You will get the deal if you can solve the complex issues, not if you have the cash.

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