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Updated over 1 year ago,

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
4,147
Votes |
4,205
Posts

Just Bought A $750k House for $100 Down - $680k Total -Off Market

Account Closed
  • Investor
  • Scottsdale Austin Tuktoyaktuk
Posted

How'd I do that?

I'm using a combination of "Subject To" and "Seller carry back". So, theoretically $775k - $680k = $95k gross profit for me. Not sure what my net profit is yet, but it's pretty good. I'm satisfied with it.

That's all just a fancy way of saying I found a motivated seller without using a real estate agent, that hadn't listed on the MLS. Happens all the time across the USA.

This one responded to a stupid, ugly, yellow postcard. Not one of those beautiful fliers that people throw away before they look at them. 

And I have someone with a 9 to 5 job using their SDIRA on the deal to make money as a private lender.

“What a country”, as Yakov Smirnoff would say.

So, if you have questions on "Subject To", "Seller Financing", "Private Lending", SDIRA, Off Market, 

or "Why in the heck would they do that", 

or "How do I add that to my list of tricks", and so on, ask away. 

Best used in AZ, TX, IN, OH, FL, AL, GA, TN not sure about the other states & territories but we can try. ;-)

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