How to use Subject To in real estate? episode artwork

EPISODE · Aug 24, 2023 · 12 MIN

How to use Subject To in real estate?

from My Real Estate DOJO · host MrNoFluFF

How to use Subject To In Real Estate? (6 ways) First, What is sub to? In real estate when a motivated home owner want to sale their property when they have a mortgage on their house, and the new buyer will take over the existing underline mortgage payments, and the seller will deed the title to the property to the new buyer. In other words, the seller has an existing loan and is willing to let the new buyer step into their shoes and start making the monthly payments. Let dive in, 6 ways to use Subject To In Real Estate? - There is cloud on the title but as expert real estate investor, you know that lien will fail off at X many years or buyer-investor will negation less with creator 0.10 on dollar. and maybe the exit stage is rental for 15 and the lean fail off in 5 years. If you do normal closing the lien holder has to be paid vs this strategy. - House have Neg equity - House have marine equity - House have zero equity - House need major repairs like fix and flips deals - High equity Are there risk with Sub To real estate investing? YES..YES…YES. Have you every chocked on eating your own food? Case closed. Here are some risk I see but I am a Laywer 1. DOS caluse (bank can call up the loan because of transfer) 2. You can become insolvent and not be able to pay the payments 3. You exit strategy may not work, 4. The market may change and your exit was wrong. 5. You may lost your job or business and can not pay the rents 6. Your wife may leave you and you have a nerves brake down. 7. You may get by car and dead Are there rewards? Yes. Yes. Yes. More risk more rewards. In my option the upside outlays the downside and here a few ideas that come to my mike 1. Buying house without having lump sum of money 2. Getting deal without using my credit or your company credit 3. Get passive cash flow, lump sum of money on sale date, appreciation, depuration, 4. Not having to beg the bank for another loan for another deal Thank you for clicking the LIKE and the Subscriber Button. Thanks for watching!! ❤️ Get the FREE seller phone script & role-play training and learn how to structure cash offers and seller financing deals. Master the art of talking to sellers, negotiating and closing deals with our free phone script, role-play training, deal analyzer, and offer letter ▶︎ http://MyRealEstateDOJO.com 🎓 The Mother Course is your ultimate guide to real estate investing without borrowing from a bank, without using your credit, and without needing piles of cash. With 171 chapters and over 100 hours of video training, this course will guide you every step of the way from finding deals to closing transactions, plus an action plan to help you close your first deal. ▶︎ http://sale.MyRealEstateDOJO.com 🚀 Supercharge your income with BICYCLE FLIPPING - The Best Six-Figures Side Hustle. The New Flip is a Smart-Game that make’s you money today, while teaching you real estate investing skills like Seller Financing (SubTo), Wholesaling, Fix and Flip, and Entrepreneurship. ▶︎ http://www.TheNewFlip.com 💵 My In-depth Virtual Assistant Course ▶︎ http://VA.MyRealEstateDojo.com #offmarketlistings #offmarket #offmarketlistings #subto #sellerfinancing #ownerfinancing #creativefinancing #money#personalfinance #personalfinancetips #bitcoin #gold #bodybuilding #realestate #realestateinvesting #realestateinvestor#realestatelife #realestateagent #realestatebroker #realestateexpert #realestatetips #flippinghouses #fixandflip#wholesalinghouses #wholesalingrealestate

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How to use Subject To in real estate?

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