Sub2? What is that? Well, sub 2 is short for subject to the existing financing. It is a popular way to buy property without using a bank. We also use Land Trusts. We can couple subject to purchase with a note. This note can be no payments for 5 years and then a balloon payment. Some people are […]
Subject-To Real Estate Investing FAQ 1. What does buying a property “Subject To” mean? Buying a property “Subject To” the existing mortgage means taking ownership of the property without officially assuming the existing loan in your name. The loan remains in the seller’s name and on their credit report, but you make the payments. It’s […]
Not liable for a loan means don’t sign a personal guarantee, and don’t cosign for anyone. Personal guarantees are nicknamed “PGs”.
Private Lender Loans We use private lender loans in our business. It’s important to understand self-directed IRAs to get private lender money. Many people have hundreds of thousands of dollars in their retirement. It’s important to understand what a custodian is, which is a company that’s approved by the IRS to do real estate investment […]
What is the joint venture Silent Partner loan? This is where someone will fund the acquisition of a property and also fund the repair costs of the property and maybe even fund some marketing dollars for the property to resell it. They are what we call a silent funding partner. We only use joint venture […]
Bank financing loans have to do with traditional Lending. We know traditional Lending. If you do not have a background in traditional lending we can help. But I would like to make sure that you learn creative financing first before you start getting involved with traditional Lending.
Purchase For All Cash Course This is of course where you learn how to raise all the cash you need. When you make offers they’re all cash and very few contingencies which gets the offer accepted, especially with foreclosures. To be able to purchase for all cash you need to learn some things. One learn about […]
An IRA can lend money. In the IRA can earn interest like a mutual fund, Private Lending can help Real Estate Investors receive capital and can help Ira Holders earn steady interest income,
Marketing Finding Properties to Flip Everybody has different criteria about finding properties to flip. I think you need the following. And I don’t coach flipping, at coach pretty houses that need no work. Now the properties that I have flipped where I had purchased the property, fixed it up, either lived in it or re sold it, […]
FINDING BUYERS FOR YOUR OPTION TO PURCHASE AGREEMENT A Wholesaler’s Guide to Selling Options for Profit As a real estate wholesaler, securing an Option to Purchase Agreement with a seller is just the first step. The real profit comes from assigning (selling) that option to an end buyer for a fee. Here’s a step-by-step guide to finding buyers for your option […]