How To Skip Ahead in Real Estate Investing With Little Down

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"Subject To" is a form of Creative Finance when buying real estate. Instead of borrowing money from the bank, you are borrowing the mortgage of the person who sells you their property. You can see the advantages already. You get their low, low interest rate, 3%, 4%. You don't have to qualify at a bank. You save loan fees. You can buy at a discount. You can get a $400,000 property to cash flow. You can retire early. If you are new, you can skip years of learning things you don't need to know.

One method is to find someone who wants to sell but who either doesn't have the money to fix up the house to put it on the MLS or doesn't have time to wait for a buyer. So, you offer to do that service for them. You cut the time to "immediate, no waiting" or you take the property in it's present condition, or both, no stings attached. In exchange, they let you take over their mortgage debt and you take over ownership of the property. Are you in CA, you can do this, are you in FL, you can this are you in ID, you can do this in TX. Anywhere, anytime.

That, is buying "Subject To".

So, there it is. It does take some money and you need to know what you're doing. . . But, learn it the right way or pay the price.