Sub2 - Have Cash
If you have the cash to buy property, would you still consider doing Sub2? Cash buyer probably gets better deal from Seller. Your inputs are appreciated.
Sam
If you have the cash to buy property, would you still consider doing Sub2? Cash buyer probably gets better deal from Seller. Your inputs are appreciated.
Sam
Most sub2 deals only involve paying a token sum anyway. Why tie up cash? Leverage is always better.
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the need to sell is what motivates most sellers willing to sub2. they are in a position that they are trying to resolve........km
Cash buyers would generally need to buy at a deep discount to get a reasonable return. The Sub 2 seller typically has little or no equity and can't sell at a steep discount.
The return on a sub2 deal is nearly infinite because little or no cash is required (there's actually always a little). A cash buyer has a far lesser return, even on a good deal. Sub 2 is a leveraged deal; we're just using the existing debt as leverage. It's beautiful
Just depends on the situation of the seller (and the buyer).
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