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What Is Sub2?

Patrickvo profile photo
  • Tuesday, September 07, 2004 @ 11:26 PM EDT
  • 3 Comments
I'm a newbie myself. I'm trying to learn the language that you guys speaking. Please someone help me to improve my understanding in this real estate world? Thanks, again
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  • jeff12002
    jeff120021st September, 2004
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    Taking a property "Subject to" the existing financing. Not assuming the loan. Get title to the property, and start making the payments.

    This is very over simplified, but it is the answer to your question.

    Good luck,
    Jeff

  • jameswing
    jameswing7th September, 2004
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    Reply

    What is the process for "Subject to"? I am intrested in knowing more about it also.

  • JohnLocke
    JohnLocke7th September, 2004
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    Reply

    jameswing,

    Glad to meet you.

    This article will help you with the basics of Subject To investing.

    http://www.thecreativeinvestor.com/modules.php?name=News&file=article&articleid=146

    John $Cash$ Locke
    [addsig]

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