HOW TO DO ‘SUBJECT TO’
(Successfully, Legally, and Profitably)
Bill Cook and Vena Jones-Cox
January Main Event- Everyone Welcome!
Oak Hill Assembly
5200 Franklin Pike, Nashville
Buying properties “Subject To the Existing Financing” is a hot topic in the real estate investing world, and rightly so—it can be a great, low money down, no qualifying way to acquire cash-flowing rentals, lease/options, and even (temporarily) finance flips.
It’s the most common “creative finance” tool that investors use to buy properties of every imaginable description when they can’t (or just don’t want to) buy with cash or bank financing, and it’s ESPECIALLY attractive right now, with so many 3-4% fixed-rate mortgages out there waiting to be ‘taken over’.
The problem is, too many investors get themselves (and their sellers) in SERIOUS trouble by not understanding how to evaluate, document, and make these deals ‘win-win’ for the selling.
At our first meeting of 2022, Bill and Vena will walk you through the steps you need to take to make money AND avoid disasters like lawsuits and ruining other peoples’ credit, including:
• Which sellers you should never, ever do deals with, for your sake and theirs
• How to decide whether a deal is a good one (they aren’t all good ones, EVEN THOUGH they’re no-qualifying and low money down)
• The 7 forms you need at closing to protect your deal for decades, if necessary
• And yes, the specter of the “due on sale clauseâ€, and why it’s probably not as big a deal as you think it is, and 6 things to do if it happens to get ‘tripped’.
This isn’t pie-in-the-sky theory; between them, Vena and Bill have over 50 years’ experience successfully buying deals subject to the existing loan, and created a LOT of cash flow, equity, and even cash profits using this strategy alone.
Come learn from their experience, so you can do what they’ve done without making the mistakes they have!
Register now and grab your spot!
REGISTER HERE
