Can You Buy a Home Subject to...




Real Estate Investing With Jay Conner, The Private Money Authority show

Summary: Can You Buy a Home Subject to...?The seller holds the mortgage and the investor takes 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 fundsHard 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. The seller holds the mortgage and the investor takes 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 fundsThe 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 Market2) Existing Private Lenders3) Warm market that you do not know yetHard 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. Register for the Real Estate Cashflow Conference:http://bit.ly/jaymoneypodcastJay 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.What is Real Estate Investing? Live Cashflow Conference https://youtu.be/QyeBbDOF4woThe Conner Marketing Group Inc.P.O. Box 1276, Morehead City, NC USA 28557P 252-808-2927F 252-240-2504Channelhttps://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6whttps://www.youtube.com/c/RealEstateInvestingWithJayConnerRSS Feedhttp://realestateinvestingdeals.mypodcastworld.com/rss2.xmlGoogle Playhttps://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47yiTunes:https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034