"Subject to" is a strategy that most real estate investors aren’t aware of. It’s often done to buy deals with no money down, surprisingly low interest rates, and without closing costs or any other upfront fees. It sounds almost too good to be true until you understand how "subject to" works. For the past two years, subject to deals slowly started dying out. Since homeowners had equity in their properties, there was more incentive for them to sell on the market. But, over the past few months, things have changed in a dramatic way.
Pace Morby, the internet’s creative financing poster child, has seen subject to deals explode as desperate sellers try to get out of homes they didn’t think they’d be stuck with. This presents the perfect opportunity for investors who don’t have a lot of cash but want to buy real estate as the housing market hits a soft spot. On today’s show, Pace will walk through multiple real-life deals that helped him create a six-figure cash flow without any money out of pocket.
But Pace isn’t only interested in subject to deals. He’s bought numerous seller-financed properties as wealthy sellers are looking to exit without paying a high agent commission or capital gains taxes. Pace sees serious opportunities in multifamily and commercial real estate. Much of this means that more deals are available for any buyer willing enough to pick up a phone and talk to a seller. The question is: will you place the call?
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Subject To Real Estate Explained:
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Episode 29
Show notes at: [ Ссылка ]
00:00 Intro
01:46 Ponzi Schemes and Powerful Partnerships
18:18 Seven-Figure Seller Finance
34:32 Where to Find Seller-Financed Deals?
50:04 $0 Down, 0% Interest Deals
51:47 The Subject To Strategy
57:44 The Antidote to High Interest Rates
01:01:53 Pace's Housing Market Predictions
01:06:45 Connect with Pace!
01:07:48 Ready to Get Your Sub To Deal?
#biggerpockets #onthemarketpodcast #episode29
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