How to Buy Subject-To and Get Tenant to Buy the House from Us
Channel: Real Estate Investing - Blair Halver & Jeff Kemmer
Date: 25/06/2020

In today’s economic crisis, buying subject-to is one of the best transactional real estate options. Then you have several exit strategies to work it out; it all depends on which one suits you the best!

If you ever come across a deal where you are buying a house subject-to an existing loan and the tenant wants to buy the house from you but is way back in monthly payments, this is a way to make the deal work out and make a profit.

First, ask the seller to assign the rights to you in order to collect the back payments they haven’t been able to collect. Then let the tenant know you are willing to forgive the monthly back payments as long as they get a loan and buy the house from you according to the ARV you have calculated.

To listen to more firsthand experiences from real estate investors and entrepreneurs, what they learned from them, and their perspective, please go to https://blog.blairhalver.com?sl=podcast

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