We all have limited funds (which is why the BRRRR is a great technique).  

@Clive Smith I have a sample log in format that follows the IRS Audit Techniques Guides (ATGs).

OPTION 1: OPTION 2: When Seller Uses RE Agent & You're Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Pro: Doesn't require specialized knowledge Pro: Little competition "Adequate" cash flow - Nothing Exciting Can be little $ down You get appreciation if property goes up Can do Unlimited number Can Get Started Much Sooner Get down payment (Cash $$) back immediately Great Cash Flow No Bank Approval Needed No Maintenance or Repairs Con: Have To Have $45,000 Cash for Down Payment Con: Have To Have $15,000 Cash For Reserves (just in Case) Have To Have $15,000 Cash for Closing & Carrying Costs Due on Sale Clause Have to Get Bank Approval Must learn the technique Can only do 4 -10 properties depending on bank Competing with everyone else Requires 20% Down & other requirements If AC breaks - you fix it If roof needs replacing - you pay for it If toilet clogs - it's on you If house gets trashed - you un-trash it You take loss if property goes down in Value Tenant Can Trash The House When Seller Uses RE Agent & Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Asking Price MLS $225,000 $225,000 Balanced Owed $223,969 $223,969 RE Agent 6% $13,500 $0 No Agent Involved Seller Brings to Closing ($12,469) $0 So No fees Asking Above ARV $0 $0 Seller Walking Money $0 $0 Sometimes Walking Money If I Use ConventionalFinancing If I UseSubject To Asking Price MLS $225,000 $225,000 Amount Down - 20% $45,000 $100 (I Give $100 Down) New Loan Amount $180,000 $223,969 I Take Over Loan Title Report $600 $600 Closing Costs $1,250 $1,250 Monthly Payment $1,151 $1,225 I Take Over Existing Payment When you are new, looking for lenders & considering Fix & Flip, BRRRR, or rental, as a buyer, I’d ask the owner/seller to be one of my private lenders with creative financing.

.: Subject To is definitely NOT a “No Money Down” technique”, Here’s why . . .The obvious question is: "How Do I Keep Finding These Smokin' Deals"It costs money to locate a willing seller.

Hi @Soneka Moss: being new, you can still find good property deals using creative financing techniques like thishttps://www.biggerpockets.com/forums/311/topics/1265821-usin... enjoy

Tools change, vendors change, new techniques are discovered, etc.Most of our SOPs are not hand off ready.  

Are you going at this to build a "bank" you can use for other techniques or are you well funded and simply want to wholesale? 

There are no beginner creative financing techniques you can do safely without being trained and having plenty of money to back you up.

Subject To is definitely NOT a “No Money Down” technique”, Here’s why . . .The obvious question is: "How Do I Keep Finding These Smokin' Deals"It costs money to locate a willing seller.

Simply put, there are a few ways to go about it and we will share our most effective techniques with you below.Use the Search Feature to Discover Motivated SellersWhether you’re spending time on Facebook, Twitter, Instagram, or another social media platform, the search feature could come in very handy to help you discover motivated sellers.