How to write up a subject to deal?

Bird Dogs, Wholesaling
1

Hi I been a investor for a month now and I have two properties in escrow currently :). I was wondering it some one can help me out?
I here alot about subject to deals and I understand them and how the work, but what I wanna know is how do you put them into a contract? Do you just use a purchase agreement and put subject to in the contract?
Please help I need good advice, maybe even a template or something.

Thanks,
Jordanthony

2

It really varies depending on the contract, and depending on how you plan on closing. for example, if you plan to close at title company then you need to find one that would accept subject 2 and you can ask them how do they like you to word it in the contract.

In general you write that it is taken subject to existing mortgage. Again though, it depends on the contract you’re using.

Also, which state are you in?

3

I am in California, Thanks for the info