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All Forum Posts by: Astou Ka

Astou Ka has started 1 posts and replied 5 times.

Post: Newbie from Burlingame California

Astou KaPosted
  • Real Estate Investor
  • Burligame, CA
  • Posts 8
  • Votes 0

Thanks for the welcome Dick!

Post: Newbie from Burlingame California

Astou KaPosted
  • Real Estate Investor
  • Burligame, CA
  • Posts 8
  • Votes 0

Thanks Jason! I was thinking about going to the REIA meeting in Burlingame at 6:30 pm tomorrow (Tuesday). It's at the Sheraton on airport blvd. Is that the one you are going to?

Post: Newbie from Burlingame California

Astou KaPosted
  • Real Estate Investor
  • Burligame, CA
  • Posts 8
  • Votes 0

Thanks for the advice Jon. I am actually going to the REIA monthly meeting on Thursday. I am looking forward to it!

Post: Newbie from Burlingame California

Astou KaPosted
  • Real Estate Investor
  • Burligame, CA
  • Posts 8
  • Votes 0

Thank you for your reply nationwidepi!

So if I understand it correctly, under "subject to," your only option as an investor is to lease it to someone else with an option to buy the property? Is it possible to find another investor and sell the property to her/him? or will I just have to sell the contract to another investor to make a little out of it?

Post: Newbie from Burlingame California

Astou KaPosted
  • Real Estate Investor
  • Burligame, CA
  • Posts 8
  • Votes 0

Hi everyone!

I am new to the RE investing business. My interest lies in preforclosures and foreclosures.

My questions are:

1.) When and why should you choose "subject to" financing over short selling?

2.) I heard that "subject to" financing is the way to go if you don't have a very deep pocket; how should one go about it and create a win-win situation for both you and the seller?
3.) Where do I get the paperwork (deed of trust and other documents) for the seller to sign?
4.) Should get documents signed in the presence of a RE attorney?

Thanks everyone for taking the time to respond!