Buying A House Subject To -- Everything You Could Possibly Know | Subto Show

On today's Wholesale Hotline (Subto Edition), Pace breaks down a real-life Subject-To deal in extreme detail, showing how he acquired a house with zero dollars out of pocket and turned a break-even rental into a $20K/year cash-flowing asset.Show notes — in this episode we'll cover:What made this property so prime for creative financing, what Pace said and how he pulled it off.Pace explains how expired listings (especially those bought between 2020-2022 with no equity) are a goldmine for Subject-To deals and how one of his students sourced this deal using the “Kevin Cho List” strategy.Full financial breakdown: $55K total capital (paid by a private money lender), monthly payments of $1,268 (mortgage) + $366 (private lender), and various exit strategies including wraps, lease options, and group homes that can 10X cash flow.By turning the home into a group home rental, Pace increases potential rent from $1,800 to $3,600/month, transforming a break-even property into one generating $1,800/month in net cash flow—proof of how exit strategy is everything in creative real estate. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business:✌️ https://shor.by/pace-youtube ✌️➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖🗝🗝 FREEBIES 🗝🗝📑 FREE assignment contract: https://www.pacejmorby.com/assignment...📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec...📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling📑 FREE cold texting script: https://www.pacejmorby.com/text📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure📑 FREE disposition checklist: https://www.pacejmorby.com/dispo📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate...📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536 ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖👽✌️ Learn from Pace and Cody 👽✌️🔸Follow Pace on IG: https://www.instagram.com/pacemorby🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖🚧🚧🚧 DISCLAIMER 🚧🚧🚧❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎