Buying Foreclosures using Subject To with Little Down

[Account Closed]

I thought that would get your attention. Buying Foreclosures using Subject To with little down is all the rage right now.

Well, that's how I started out 30 years ago. Did I know what I was doing, not really. Do I know now, yes, of course.

Were there other people doing the same thing that I could meet with? A few, but none that I knew about. My background was Fortune 500 corporate sales, selling large expensive computers to massive companies. The computers cost as much as houses, so it wasn't hard for me to deal with the large dollar amounts.

But, foreclosures, I didn't know nearly enough. Subject To, I was just winging it. Putting Little down, that worked, but having access to cash was very important for closing, rehab, cash to seller, monthly payments, taxes, insurance, utilities, marketing. This is true whether you buy in CA, AZ, TX, MO, TN, OH, IN, GA, AL, or any other market.

Would I have cut years off of the learning process if I had Me to teach Me at that time, heck yeah. ;-)

The big question is, "Is it more important to learn how to do a "Subject To", or is it more important to know how to avoid the problems and pitfalls, so you get to KEEP the "Subject To"? The technique also works with wholesaling, buy & hold, fix & flip, STRs, you name it.

Only a few of us are focusing on legally & safely buying "Sub To" with our students. The main "gurus" are not. I put together a Spreadsheet on a "Subject To" I recently did, which is available for download at the link below. The rest of the information, what to avoid, is available with the accompanying articles at the link. Learn how to keep your investment. You spent a lot of energy getting it in the first place.   https://passiveincomegrowth.com/investorslist/