Creative Financing - Subto - Seller Financing - Now More Than Ever, Here's Why

[Account Closed]

Did you know that if you buy a $400,000 property . . .

In a typically bank financing scenario you put down 20% or $80,000 and finance $320,000 for 30 years the Principal and Interest at 7% is $2,129 and over 30 years you pay $766,428 (the bank loves you)

BUT

if you take over a loan Subto (Subject To, it takes about $15,000 in costs) and take over the existing mortgage at 2.5% that was taken out 2 years ago your payment Principal and Interest is $1,264 ($865  a month less) and over the remaining 28 years pay $447,894 (you get to keep the difference)

That's a savings of $318,534 Three times a Year! For 5 years and you are RICH!

Who doesn’t want to do that!

Retire Early and move from CA to FL. Uhaul will love you ;-)