Buy Homes Subject To (Exactly How)

Great video. When I acquire the subject to property Can I get it in my LLC or do I have to get it in my personal name?

Cannot find the sample paperwork on your website you gave...

Would this process be the same if I wanted the property for myself instead of flipping?

Just received an extremely rude and unprofessional email from one of your representatives. Listened to your 2 hour webinar just to be insulted...unreal....

Great content. How do you find home owners to assist.

Not many views because sheeple would rather watch music videos😂🤣 Let's Goooo💯

Great info. Do you have the right to refi/cash out, or sell the property?

When taking over the mortgage payments do you take their login information for the bank account? How would that work best? Is there a video you can link me to?

What happens to the person. Who's paid this whole time, if deed comes out of escrow where do they get out of it except use of the property during that time of transfer? Basically, the person who gets properly under sub2 is just a renter with option to own?

How are taxes filed for the person making payments on property.under sub2 ...are we homeowners or not?

What if sub2 pays mortgage in full over time then what? Is it like leasing a car and buying it twice or will payments go towards down payment or just help qualify to rebuy this home you've been living in?

Am I protected if original owner on deed decides to sell as equity builds and will that equity be split with me, since I've made payments in order to them to have equity at all? How am I protected? Am I a homeowner 3rd party or just basically a renter....because I'm looking for a home to live in, not turn over

What $3000 software was he talking bout that he gifted away

Okay Wow!!!!! this sounds like me too, but then the hardest thing for me is to slow my mind down, I'm a newbie in this business, but I love real estate My first start was with Carlton Sheets given to me back in 97, now I have my licence so how do I do a subject two contract to help home owners?

I like how all these videos claim that they are going to show you how. In reality what they do is show what your going to do. Big difference.

What happens if the original borrower files bankruptcy

You mean exactly what to do. Not how to do.

How can I get a contract for a subject to?

I would like to speak with you

great I learn a lot thans

Great Value! Thank You. Is there more information as to the "extra deed" put in escrow for the security of the seller in case something happens to buyer. How does that process work?

If you or your entity did not make the payments, couldn't the seller sue for non performance?

I love this channel, I’ve learn so much. Can’t wait to join. Thank you guys so much. ✌️

How do you obtain Title Insurance if deed is not your name?

You mean I don’t have to pay 10 grand?

I always wonder why the seller doesn’t rent it out themselves

maybe because I have zero knowledge of real estate, it's still hard to understand. I get the concept, but I think this needs more instruction or detailed information

What if the seller passes away? In relation to the tittle company

The one question I had and waited the whole time for an answer for and his camera froze. The seller gets their equity from the original purchase and the new buyer gets what they accumulated? Did he give the guy money when he sold the property after 6 years? I was unsure what happens to the seller in the subject to's equity when they sign over the property,

Is it possible to rehab then refinance the subto house and pull out cash to cover back the rehab cost?

Thank you for sharing.....info is great for my beginner's business.

So who keeps the equity in sub to

CAN YOU DO SUBJECT TO IF THE HOMEOWNER IS BEHIND ON THEIR PAYMENTS 1 OR 20 PAYMENTS

If going to insure the property then you will need money. So, how is this with no money?

Really appreciate this video bro, a lot “gurus” will make a hour long video and still have you not even knowing the next step to take but after this video I’m definitely more confident in going out and locking up subject 2 deals. Please keep this up 💯

Thank you for this video! great information.

“Additional Deed and escrow to safeguard seller “ 1. What Bn is additional cost? 2. How is it structured?

Any way to download a subject to contract? I got a deal cooking and want to practice

Where can I get the docs?

How would this work if the seller is planning on buying another home? They are current on payments.

This was a great talk! 😀 Are the documents still available? I wasn’t able to open the link.

So hypothetically the seller could put out a hit on you to get the house back, lol!

The question is??? What do you do to locate a Seller who will agree to sell their property Subject To????

Does the Seller share Seller-disclosures ( homeowner disclosures) during a Sub-to transaction? Since you're not exactly selling the property, only transferring the ownership via title... is the seller obligated the share any disclosures?

Question: can my buyer do another subject to sale of my house and my mortgage keep getting passed around?

I sold my house “subject to” to a buyer in October of 23’. They sold that property in January and I wasn’t informed or contacted. I actually found out because LifeLock notified me my lender changed my address and I was removed from my own account so I had no way of checking. but when I found out the house was resold and deed transferred my agent that connected me to the investor said it had sold and we had no further obligation to the mortgage. But I found out my mortgage was never paid off; I contacted the investor I sold to and he said he transferred our agreement to the new buyer, is this possible? I didn’t see anything about transference in the contract or escrow paperwork and it’s hard to believe that it could be transferred indefinitely without me consenting or meeting new “buyers”

Damn he is just like I am, he literally described me.
On and off switch perfect way to explain it
I can work har but when I'm off, I'm just off
And learning is the main thing I do, reading and audiobooks all the time
Feels good to know I'm not the only one

Great to hear both of yalls experience with Sub To Deals.

My mortgage loan has a "due on sale" clause. If I sell on seller financing with a wrap-around note and I don't pay off the loan now, will the mortgage company foreclose?

About 99% of all mortgage loans have a standard "due on sale" clause written into them. That gives the lender the option, but not the obligation, to accelerate the loan and get paid off. When the loan payments are kept current, the last thing the lender wants to do is stop that cash flow and gain a liability of a non-performing loan or worse, a vacant property. Thousands of houses have been bought subject to the existing loan and the lender has allowed the conveyance.

Lenders are in the business to receive payments on their loans, not take back properties, especially properties with low or no equity, or properties that require a long time on the market to find a highly qualified buyer to deliver all cash at closing. It just doesn't make financial sense for lenders to cancel that income stream, kick out the owners, and take back a vacant non-performing property.

Lenders have credit scores, too. Taking back too many foreclosed properties damages their credit and impairs their ability to make new loans. Lenders DO NOT WANT the property, especially when the payments are current. Lenders WANT THE PAYMENTS.

Lenders will often package their loans for sale in bulk to Wall Street. Wall Street wants steady income, not vacant non-performing properties. With over one million properties foreclosing each year for default, why would any lender want to foreclose on a performing loan and further damage their own credit?