What to Watch Out for in “Subject-to” Deals (Premium)
December 17, 2008 by Richard & Michelle Odessey
Filed under REI Strategies
Real estate investors can’t help but get excited about acquiring property “subject to” the underlying mortgages. It’s like getting a “Free” house…
But is it? Arrearages, repairs, and carrying costs can drain a bank account faster than it takes to notarize a deed.
In this video, Richard gives you an in depth plan for doing your due diligence so you don’t get burnt.