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Nate and JP discuss their first attempt at doing a subject-to deal. This allows the buyer to take over the property and also take over the responsibility of paying off the mortgage. It was almost a done-deal but it eventually fell through. Even though it would have been good for the seller and the buyer, it just didn't happen. Update: since recording the episode the seller is now interested again and JP and Nate are working to make it happen. Stay tuned.
By Your First RentalNate and JP discuss their first attempt at doing a subject-to deal. This allows the buyer to take over the property and also take over the responsibility of paying off the mortgage. It was almost a done-deal but it eventually fell through. Even though it would have been good for the seller and the buyer, it just didn't happen. Update: since recording the episode the seller is now interested again and JP and Nate are working to make it happen. Stay tuned.