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Updated over 1 year ago,
How do you put a down payment into the purchase price on the back end?
In his new book, Pace Morby says that you can buy with sub to and put the down payment into the purchase price on the back end, but he doesn’t go into detail on how you actually do it. So how do you actually do it?
Specifically referring to eventually sell it as a wrap with $20k down from new buyer and seller gets $5k.
I’ve seen local investors sell whole portfolios of sub to’s on wraps in a Facebook group.
The three ways to make money on a sub to wrap look pretty powerful. You make money right away from the buyer’s down payment. The second way you make money is by financing the property. Then you make money on higher interest rates. Here’s the best part: You still make monthly cash flow even though you no longer own the property. Pace was breaking down how to make $55k on one deal.