Sometimes it is hard to find comps that match all the amenities of the subject unit.

But PLENTY of people here in these forums are getting 7% - 8% loans to buy their first BR with the same issues. its not confined to seller finance or subject to type of closings, difference is we are over here taking over 3% loans.My point was that the main reason for a seller to choose subto is to avoid foreclosure or bankruptcy because they are in danger of defaulting on their mortgage.

Unfortunately, long-term leniency often becomes the “new normal” for tenants and resetting expectations after 12 years can definitely be challenging, especially in California with its strict tenant protection laws.At this point, the safest and most effective approach is to send a formal written notice outlining the rent due date, late fees and the requirement to pay on time going forward.

Everybody who does any serious number of SubTo (Subject To) has had the Due on Sale called a few times.

Rental income is passive and not subject to self-employment tax, while flipping is taxed differently.Depreciation is your best friend, it lets you deduct part of a property’s value each year, even as it appreciates.

SBL allows some things SML won't and vice-versa.Collateral - if borrower is not local to the property, both agencies require a well-vetted property management company, subject to approval.These programs are amazing for the right borrowers and collateral, but not a good fit for all. 

In some cases, your project could be subject to several committees – including local, city, state, and federal who won’t agree on anything.

For my clients in your shoes, the best bets have ended up being leasing it out at a loss (if you really have to move and need a solution) OR potentially a subject to deal (not for everyone).

However you depend on loan approval too which is tricky on most cases.As an investor, you could do a subject to, it is not something that the seller would like to do though but depending on the situation to avoid foreclosure could be a solution.

If you found a property on your own, then you can negotiate with the seller on what to do and you could acquire the property "subject to" the existing lien or, as mentioned above "assume" the mortgage (if the mortgage is even assumable).