Past Meetup

Tampa REIA Meeting on Buying Houses Subject-To with Don DeRosa

This Meetup is past

5 people went

Every 2nd Thursday of the month

DoubleTree by Hilton Guest Suites Tampa Bay

3050 N Rocky Point Drive West · Tampa, FL

How to find us

We will be in one of the hotel's meeting rooms.

Location image of event venue

Details

“My name is Don DeRosa. I am a real estate trainer, mentor and full-time real estate investor actively buying, selling and holding properties each month for huge profits and long-term cash flow. When I first started almost 22 years ago, I thought I wanted to be a wholesaler and flip contracts because I thought I needed a bunch of cash to buy and hold, or buy and rehab houses. I was like everyone else starting out in this business. I didn’t have lots of money, so I thought wholesaling was the easy way to go.

Boy was I wrong. Fortunately for me I was introduced to a buying technique called “Subject-To” by a friend. This is a technique where the Seller deeds the property over to you (you own it) but leaves the loan in place and you simply continue to make the existing payments (you don’t have to go to the bank and qualify).

Well I must say this technique changed my life. Within the first 30 days of learning the Subject-To technique I bought 4 houses for one dollar each (yes, you read that correctly) and I have been buying them that way ever since.

I no longer have to sell the “Golden Goose” to make lots of money. Today I am working furiously at buying properties “Subject-To” using the existing financing on the seller’s home instead of having to go to a bank or a hard money lender for funding. This allows me to buy multiple properties fast, without coming up with all the purchase funds on the front end.

Subject-To is the perfect strategy to use in today’s market where easy funding is not readily available for investors to buy pretty houses. Buying houses “Subject-To” the existing finances is by far the most powerful technique is real estate today. You can control and own an enormous amount of real estate with very little money. Understanding how to get sellers to finance your deals is the ultimate investment strategy.

If you’re a person who doesn’t have a lot of cash, or doesn’t have good credit or simply doesn’t want to use your credit, then you need to attend the upcoming Tampa REIA meeting where I will be teaching you how to effectively use this technique. Learning this technique may very well be a life changing event for you like it was for me.

Join me at the Tampa REIA Main Meeting on Thursday, February 14th from 5PM-9PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr. West in Tampa, FL and I will share with you, many of the Subject-To tools and techniques I use every day to create winning deals for myself as well as my buyers and sellers.

I will demonstrate how to apply these strategies, tools and techniques, and show you exactly how to evaluate the lead, determine your exit strategy, structure the deal, negotiate with the seller and get the paperwork done almost instantly and without any of the hard work you normally do to get your deals done."

The Main Tampa REIA Monthly Meeting is held on the 2nd Thursday of each month at 6:00 PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL. Be sure to bring a pen and paper to take lots of notes, plenty of business cards for networking and flyers for marketing your investment properties for sale. Tampa REIA Members Can Attend at No Charge.

Guests Can RSVP Online Now at http://rsvp.tampareia.com/ for $15 or Pay $20 at the Door.

PLEASE NOTE: Being a member of our Tampa REIA meetup group is free. But being an official, card carrying member of Tampa REIA is not free. However, official membership starts at only $100/year. For more information on membership, see http://TampaREIA.com/Membership.

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Diamond Members & Meeting Sponsors

New Western Acquisitions – An Investment Real Estate Brokerage whose primary focus is to provide discounted property to real estate investors. New Western provides discounted off market properties, in house financing, access to local contractors, and resources for any exit strategy. Platinum Members & Meeting Sponsors