Sub2 Deal for Lease Option

Hi,

I’m wondering if getting a Sub2 deal and then lease optioning out the property to an end T/B a good strategy for a newbie with little money and no credit?

Wouldn’t the investor still be “on the hook” if the T/B stopped paying or damaged the property?

Thanks,
Pete

If you’re new and have neither cash nor credit, then you shouldn’t be looking at Sub To deals. You need reserve cash for that in the event something goes wrong, such as a vacancy, unable to find a buyer, maintenance and repairs, etc.
You’re better off using lease options to control the property without the risk.