Can You Buy a Home Subject to...
Can You Buy a Home Subject to...?
The seller holds the mortgage and the investor takes the title. The purchase is subject to the mortgage staying on the property.
Who takes this offer? Jay answers this important question.
This amazing strategy is on the HUD settlement document. This is a very established strategy.
Jay shares how he talks with the prospect.
How does Private Money fit into this real estate investing strategy?
What is the "Due on Sale" clause?
Jay talks about his hundreds of deals without having the clause called due.
What is Private Money?
An individual lends real estate investors money from their investment capital or retirement funds
Hard Money versus Private Money
A broker finds the money and charges 14% on average. Private money is 7-8%. Hard money has extra fees. No fees for Private Money. The seller holds the mortgage and the investor takes the title. The purchase is subject to the mortgage staying on the property. Who takes this offer? Jay answers this important question. This amazing strategy is on the HUD settlement document. This is a very established strategy.
Jay shares how he talks with the prospect. How does Private Money fit into this real estate investing strategy?
What is the "Due on Sale" clause? Jay talks about his hundreds of deals without having the clause called due. What is Private Money?
An individual lends real estate investors money from their investment capital or retirement funds
The private lender earns a lot more money than they would if the money was sitting in a bank account. Average returns in the USA is 8%, which is a lot more than at a bank. The loan is safe and secure.
Private Money:
1) Warm Market
2) Existing Private Lenders
3) Warm market that you do not know yet
Hard Money versus Private MoneyA broker finds the money and charges 14% on average. Private money is 7-8%. Hard money has extra fees. No fees for Private Money.
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
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