Wholetail Deal VIA Subject-To Complications??

[Ana G.]

Hey Guys,

I'm under contract to buy a house for $143k via subject to. I will then immediately list it on the MLS and resell to an owner occupant for $175k (conventional or cash only). I give my closing agent the green light to close and she gives me a shocked/confused response. "You do know that if you buy this on subject to and try to resell 20 days later, the chain of title is going to stop the deal from going through..." UMMMM what's chain of title??

It's a good deal and SUPER easy to sell, but should I be closing on this another way instead of subject-to? I've never done a creative finance deal before so I'm super nervous about it and a part of me wants to let the deal go, but then how else am I going to expand my knowledge of real estate and deal-making. What would you do?