Flip or Flop, Breaking down a Subject To Deal

   Good Money Monday BP,  

     As you know, my favorite way to buy real estate is Subject to. That's where we take over the mortgage payments from the seller, and keep the loan in their name. I remember years ago when I first heard about this and thought, "why on earth would anybody do that?" Well, if you think they won't, then they won't. But, if you believe it could happen, and keep your eyes and ears open to people's needs, you just may get one.

FACT: I bought my personal house like this!!!!

      In today's deal, we'll go over the numbers then I'll take you to meet the seller and walk through the house to valuate the condition and repairs needed. We must know the condition of the house before we can structure and present an offer to the seller. This house was is OK shape but my seller seemed to have changed his mind and wants more money at the end of the negotiation. It happens all the time where people say one thing, then change to another, and I don't want you to think it doesn't happen to me as well. Watch and learn a lot, then get out there and help a lot of people, have fun, and make a bunch of money. 

Get in the game! 

ps- Don't forget to let me know if you need and deal assistance!

Kris Haskins