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First Subject To Deal


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#1 DustinDal

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Posted 20 February 2017 - 11:26 PM

Can someoneplease point me in the right direction? I have found a person willing to let their house go on a Subject to deal but I want to keep the home for me. I live in Virginia and I have never done this type of transaction. I have no idea what paperwork I need or how to get it done there is so much info on this site, I just don't even know where to start? Help

#2 MichaelC

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Posted 21 February 2017 - 05:24 AM

Hi, Dustin.  There isn't any info here regarding Sub 2 deals because this forum focuses mostly on the various types of ease option deals we do.

Sub 2 deals are altogether different.  For a first time deal you would be wise to find an investor friend with experience.  In lieu of that, ask around at the local REIA, if there is one near you, for some guidance.  Or you can contact an investor friendly attorney for guidance.  But don't go it alone.  That's a recipe for disaster.






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