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WIP 1221: Subject To Financing - The Real Estate Strategy You Can't Afford to Ignore

WIP 1221: Subject To Financing - The Real Estate Strategy You Can't Afford to Ignore

FromWholesaling Inc with Brent Daniels


WIP 1221: Subject To Financing - The Real Estate Strategy You Can't Afford to Ignore

FromWholesaling Inc with Brent Daniels

ratings:
Length:
21 minutes
Released:
May 29, 2023
Format:
Podcast episode

Description

Subject to financing is a strategy commonly used in real estate wholesaling. It involves purchasing a property "subject to" the existing financing or mortgage already in place. In this scenario, the buyer takes over the responsibility of making the mortgage payments, but the loan remains in the original homeowner's name.In real estate wholesaling, being in subject-to financing can be an effective way to acquire properties without the need for traditional financing, such as a mortgage loan. In this episode, Todd Toback will give you a step-by-step overview of how subject-to financing works and how you can utilize it to make wealth-BUSTING deals!----------Show notes:(1:17) Beginning of today's episode.(6:47) The beauty of the subject-to financing strategy and how to build your net worth with it.(10:52) Todd's four ways for you to get money are: Amortization, Appreciation, Depreciation and Cash Flow.(15:48) Todd explains why the majority of the US population is not credit-conscious.(17:04) If you're not willing to pay, this deal isn't for you.(17:55) Todd explains the "do-on-sale" calls.(19:18) Ask your attorney first if this strategy is the best for you.----------Resources:To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Released:
May 29, 2023
Format:
Podcast episode

Titles in the series (100)

Let’s face it, Real estate education has lost the script. Everybody “claims” to have the secret sauce. They get you to sign up, get you to bite on a “magic” formula, but there’s no real tools to get there. There’s so much talk, no practical steps. It’s not instructional, it’s hype. The ideas are not focused on your success, it’s focused on theirs. And to make matters worse, too many people are in this for the wrong reasons, or have lost sight of why we do this work. For them, it’s about quick wins, bigger houses, flashier cars. This leads people to a pretty empty place. It’s about the money and nothing else. We believe real estate is a vehicle to impact the world. We believe education in this space should serve you better with instructions and practical execution so you can then serve others better in return. This show will serve people who believe in helping others and leaving a legacy, not just buying nicer toys. People who feel a responsibility once they succeed to give back and lift others up. They know entrepreneurship is about stewardship and accountability. You feel it’s your responsibility to ensure what you’ve earned is put to good use for the greater good. Join real estate experts Brent Daniels, Lauren Hardy, Chris Arnold, Rafael Cortez, Grace Mills, Brent Bowers and Chris Craddock as they deliver a Real Estate Wholesaling Blueprint inspired by greats like Robert Kiyosaki, Dean Graziosi, Bigger Pockets, Suze Orman, Dave Ramsey and Entrepreneur on Fire. Join the Wholesaling Inc coaches 5 days a week as they give you step by step instructions on how to Wholesale Real Estate. This is a show about what it takes to succeed as a real estate wholesaler and investor. Unlike other shows about similar topics, only we provide specific instructions for entrepreneurs who believe in using real estate as a means to marry profits and purpose. This Podcast is NOT about theory, stories or fluff. It’s all about taking MASSIVE action and following instruction rather than more education (most people get stuck in “education mode”). Each episode is JAM PACKED with “step by step instruction” so you can literally duplicate the success of our guests and go out there and start making money TODAY in wholesaling. In every episode, we put our guests in the hot seat and deep dive a recent deal they’ve done…usually all in about 30 minutes or LESS! Specific details include: EXACT marketing methods used to find properties (Direct Mail, Cold Calling, Text blasting, Radio, PPC, Bandit signs, TV Ads, etc), techniques for buying and selling the deals, next level negotiation and closing strategies, and even the exact dollar amount made on every deal! Whether you’re a newbie or a seasoned investor, if you’ve ever thought about starting (or growing) a wholesaling business, you’re in the right place. Come be a fly on the wall and listen in on these conversations as our guest’s spill their guts. It's the only real estate wholesaling Podcast you'll ever need to listen to.