Here are some of the advantages to subject to investing
1. Little to no money down investing. Usually you only need to pay the seller a small amount to sign the deed over to you. It’s even possible that, if they owe more than you are willing to pay, they may pay you to take the deed from them.
2. No financing required. When you do a subject-to, you don’t need to get a mortgage because you are taking over the seller’s mortgage payments.
3. Ownership. the day the seller deeds the property to you it is yours.
4. No qualifying. If you buy a home traditionally, you have to go to a bank or mortgage company and qualify for a loan.
5. No income or credit checks. Not once has a seller ever asked to look at my income or check my credit. They are more worried about their situation and how to get help from you.
6. You can buy them with your IRA. If you use your IRA for the option payment, the rental income and any other income goes back into the IRA.
7. Great return on your investment (ROI). Little to no money down investing yields a high rate of return.
8. The seller will love you. You will be making a positive difference in someone’s life.
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