Best Way To Buy? Best Way To Sell?
What do you guys consider the best way to creatively acquire property , in order? How about to sell?
I was thinking:
Buy:
1)Subject To
2)Wrap Mortgage
3)Agreement for Deed
4)Lease Option
Selling would be the exact opposite. I am thinking of ease of exiting the agreement (IE:eviction vs. foreclosure if selling) and tax benefit.
Seem about right? Other ideas?
JohnCl
I can't resist. I reccomend you buy low, sell high =)
OK, seriously though, I think once you master one aspect (for example, Sub2) then master the next strategy. At some point you become a swiss army knife with the intelligence and ability to use the right tool for the right situation. Not all deals work with sub2, not all deals should be conventional finaning, etc.
[addsig]