With the market experiencing huge swings, experts predict that “subject to” investments will become an excellent way to monetize the current real estate landscape.
Subject to investments leaves the seller’s loan in place and allows the buyer to purchase the property without getting new financing in place.
Right now experts suggest avoiding the coasts where property values have become inflated. These areas are also especially difficult to enter as a first-time homebuyer. Look to areas like North Carolina or more interior states.
“For borrowers, things go very slowly. But cash buyers can move things along quickly with “subject to” investing.” Clint Coons, a founding partner of Anderson Law Group, an arm of Anderson Legal, Business & Tax Advisors.