"SubTo" Buy without Cash, Credit or Credentials (In-Person)
Details
This month we’ll discuss SubTo, a creative financing method for obtaining properties without cash, credit, or credentials. You heard that right …
This is an excellent method to use in this high interest rate market.
Additionally, when a seller won’t discount, this is an excellent alternative for closing a deal.
SubTo is buying property “subject to” the existing mortgage. It is taking over the payments on a property while placing your name on the title.
A lot of people think the deed and the mortgage are the same thing or connected. They are not. SubTo acquires ownership without putting your name on the mortgage. When you buy SubTo, the seller remains on the mortgage while you own the title.
We’ll show you the benefits, how to obtain SubTo deals, and how to process and manage them.
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