Hi, I was wondering if its good to buy a property sub-2 from an investor. Every time I view a property its always another investor who's showing it ! What's the best way to handle another investor ?
I doubt that if the other investor has his credit tied up by a property that he'll agree to a sub2 purchase. That means that if you can do this, he's already secured financing that he can pass on to you, and probably would advertised that point, or made you aware of that fact when you found out about the property. That's a pretty strong selling point.
I doubt that if the other investor has his credit tied up by a property that he'll agree to a sub2 purchase. That means that if you can do this, he's already secured financing that he can pass on to you, and probably would advertised that point, or made you aware of that fact when you found out about the property. That's a pretty strong selling point.