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All Forum Posts by: Peter Walther
Peter Walther has started 31 posts and replied 1576 times.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Nate Marshall:
Quote from @Don Konipol:
Quote from @Ken M.:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
Well that's just...... Something....
It makes me wonder if there is a DSM for persons who believe they are qualified to make psychological diagnosis for a person based solely upon what they have seen or read on that person via selected media.
Possibly a form of derangement maybe...... Hummmm, yeah it seems to fit the category of a derangement.
FYI; I'm not a Trump Tribalist sooooo yeah, guess again.
See it's this that's really pushing people away. The polarized "your with us or else your with THEM" BS.
I'm the middle. The middle looking on thinking "wow, your psychotic freak outs are NOT winning us over to your side of things".
I think if you took the time to read my post you would find I relied on the opinions of over 100 mental health professionals, and yes, my own observations, to conclude Donald Trump is mentally ill. Since you've been unable to respond with anything other than ad hominems, I believe it's time to bring this discussion to an end.
Your comment: "I relied on the opinions of over 100 mental health professionals"
Why @Peter Walther:, I’m surprised at you. You tout professionalism yet you know that not one of those so called “mental health professionals” has ever had even 5 minutes with Donald Trump to make any determination of capacity or intent.
Can you name a few so we can look up their credentials?
I understand that “PW” relied on those same “mental health professionals’ when they determined that Joe Biden was mentally fit to be President.
Here’s the leftist answer to the rape of the American taxpayer by the left to pay for leftist causes, operations, and anti American propaganda
1. Trump is Hitler
2. Trump is Mussolini
3. Trump is Stalin
4. Musk is a racist
5/ Musk wasn’t born in America
6. Musk gets government payments so he shouldn’t be allowed in government
7. Trumps ratings are declining
8. Hold up “bingo” signs
9. Transgendered lives are being endangered by not allowing trans men to compete in women’s sports
10. Egg prices are high
NOTHING about the fraud, outrageous grants (Stacy Adam’s was granted $2 BILLION for a NGO with assets of $500! and NO experienced people on the board of directors) or plain waste is ever ADDRESSED.
BUT, I agree with one thing PW said, it is time to end this on this thread. We have to agree to disagree.
Sounds like Peter may end up on a watch list. Hoping Gitmo as well.
https://www.newsweek.com/elon-musks-chatbot-says-theres-stro...
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Don Konipol:
Quote from @Ken M.:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
Well that's just...... Something....
It makes me wonder if there is a DSM for persons who believe they are qualified to make psychological diagnosis for a person based solely upon what they have seen or read on that person via selected media.
Possibly a form of derangement maybe...... Hummmm, yeah it seems to fit the category of a derangement.
FYI; I'm not a Trump Tribalist sooooo yeah, guess again.
See it's this that's really pushing people away. The polarized "your with us or else your with THEM" BS.
I'm the middle. The middle looking on thinking "wow, your psychotic freak outs are NOT winning us over to your side of things".
I think if you took the time to read my post you would find I relied on the opinions of over 100 mental health professionals, and yes, my own observations, to conclude Donald Trump is mentally ill. Since you've been unable to respond with anything other than ad hominems, I believe it's time to bring this discussion to an end.
Your comment: "I relied on the opinions of over 100 mental health professionals"
Why @Peter Walther:, I’m surprised at you. You tout professionalism yet you know that not one of those so called “mental health professionals” has ever had even 5 minutes with Donald Trump to make any determination of capacity or intent.
Can you name a few so we can look up their credentials?
I understand that “PW” relied on those same “mental health professionals’ when they determined that Joe Biden was mentally fit to be President.
Here’s the leftist answer to the rape of the American taxpayer by the left to pay for leftist causes, operations, and anti American propaganda
1. Trump is Hitler
2. Trump is Mussolini
3. Trump is Stalin
4. Musk is a racist
5/ Musk wasn’t born in America
6. Musk gets government payments so he shouldn’t be allowed in government
7. Trumps ratings are declining
8. Hold up “bingo” signs
9. Transgendered lives are being endangered by not allowing trans men to compete in women’s sports
10. Egg prices are high
NOTHING about the fraud, outrageous grants (Stacy Adam’s was granted $2 BILLION for a NGO with assets of $500! and NO experienced people on the board of directors) or plain waste is ever ADDRESSED.
BUT, I agree with one thing PW said, it is time to end this on this thread. We have to agree to disagree.
The End
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Don Konipol:
Quote from @Ken M.:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
Well that's just...... Something....
It makes me wonder if there is a DSM for persons who believe they are qualified to make psychological diagnosis for a person based solely upon what they have seen or read on that person via selected media.
Possibly a form of derangement maybe...... Hummmm, yeah it seems to fit the category of a derangement.
FYI; I'm not a Trump Tribalist sooooo yeah, guess again.
See it's this that's really pushing people away. The polarized "your with us or else your with THEM" BS.
I'm the middle. The middle looking on thinking "wow, your psychotic freak outs are NOT winning us over to your side of things".
I think if you took the time to read my post you would find I relied on the opinions of over 100 mental health professionals, and yes, my own observations, to conclude Donald Trump is mentally ill. Since you've been unable to respond with anything other than ad hominems, I believe it's time to bring this discussion to an end.
Your comment: "I relied on the opinions of over 100 mental health professionals"
Why @Peter Walther:, I’m surprised at you. You tout professionalism yet you know that not one of those so called “mental health professionals” has ever had even 5 minutes with Donald Trump to make any determination of capacity or intent.
Can you name a few so we can look up their credentials?
I understand that “PW” relied on those same “mental health professionals’ when they determined that Joe Biden was mentally fit to be President.
Here’s the leftist answer to the rape of the American taxpayer by the left to pay for leftist causes, operations, and anti American propaganda
1. Trump is Hitler
2. Trump is Mussolini
3. Trump is Stalin
4. Musk is a racist
5/ Musk wasn’t born in America
6. Musk gets government payments so he shouldn’t be allowed in government
7. Trumps ratings are declining
8. Hold up “bingo” signs
9. Transgendered lives are being endangered by not allowing trans men to compete in women’s sports
10. Egg prices are high
NOTHING about the fraud, outrageous grants (Stacy Adam’s was granted $2 BILLION for a NGO with assets of $500! and NO experienced people on the board of directors) or plain waste is ever ADDRESSED.
BUT, I agree with one thing PW said, it is time to end this on this thread. We have to agree to disagree.
I really dislike reductionist thinking, if it's not A it must be B. Being concerned about Trump does not mean I think Biden, or the Democrats in general, are the answer. I would have considered voting for Liz Cheney, though I loth her father and his policies, but I didn't have a chance because a minority of Americans believe Trump is the Messiah. I would have considered Dean Phillips, I heard him interviewed on Dan Abrahm's show, but I didn't have a chance because the Democratic leadership anointed Harris. I would have voted for a 3rd party nominee if a capable one appeared, I voted for Ross Perot, though I didn't agree with all of his policies, because he stood up for his people and the country.
As to pork, there are plenty of Republican mouths in the trough. How about that National Crypto Reserve, no corruption there? How about $400 MM for Teslas? That doesn't make the NGO grant right and the EPA should claw it back, if possible, but please, stop the partisanship.
I wish Americans would wake up and realize this nonsense is destroying the country, though it may be too late.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Ken M.:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
.
Why @Peter Walther:, I’m surprised at you. You tout professionalism yet you know that not one of those so called “metal health professionals” (sic) has ever had even 5 minutes with Donald Trump to make any determination of capacity or intent.
That is like saying “over 100 SubTo students have determined that the transfer of ownership of properties using a quit claim deed is valid without having to even do a title report.“ You know, for sure, how absurd that statement is, on multiple levels.
Not one of those purported “metal health professionals” (sic) you refer to is a Psychiatrist or even a Phd. Most of them are imaginary and don’t exist anyway.
Don’t ruin your credibility over trivial matters just because a bee got under your saddle. ;-)
Mary Trump, Donald Trump's niece, who holds a PhD in Clinical Psychology, spent many hours with her uncle and that help her form her opinion that he is mentally ill. I assume you'll respond that she's biased because she believes her uncle defrauded her and her brother out of their share of her grandfather's estate but on the other hand her uncle has a considerable history of defrauding people, and he has never sued her for liable or slander.
In addition, you might read the book The Dangerous Case of Donald Trump : 27 psychiatrists and mental health experts assess a president
Here's an abstract :
"Since the start of Donald Trump's presidential run, one question has quietly but urgently permeated the observations of concerned citizens: What is wrong with him? Constrained by the American Psychiatric Association's "Goldwater rule," which inhibits mental health professionals from diagnosing public figures they have not personally examined, many of those qualified to answer this question have shied away from discussing the issue at all. The public has thus been left to wonder whether he is mad, bad, or both. In The Dangerous Case of Donald Trump, twenty-seven psychiatrists, psychologists, and other mental health experts argue that, in Mr. Trump's case, their moral and civic "duty to warn" America supersedes professional neutrality. They then explore Trump's symptoms and potentially relevant diagnoses to find a complex, if also dangerously mad, man. Philip Zimbardo and Rosemary Sword, for instance, explain Trump's impulsivity in terms of "unbridled and extreme present hedonism." Craig Malkin writes on pathological narcissism and politics as a lethal mix. Gail Sheehy, on a lack of trust that exceeds paranoia. Lance Dodes, on sociopathy. Robert Jay Lifton, on the "malignant normality" that can set into everyday life if psychiatrists do not speak up. His madness is catching, too. From the trauma people have experienced under the Trump administration to the cult-like characteristics of his followers, he has created unprecedented mental health consequences across our nation and beyond. It's not in our heads. It's in his."
There is a review of the book in the Journal of the American Acadamy of Psychiatry and the Law. I suspect all of these professionals thought long and hard before violating the Goldwater Rule and possible being sued by Trump. Unsurprisingly though, Trump hasn't sued any of the authors either.
I'm continually amazed that so many people who appear to be intelligent continue to support a man who is clearly "mad" both emotionally and psychologically. To me, this is not a trivial matter but probably one of the most consequential issues of our time.
Enough written on this subject in this forum.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Nate Marshall:
Quote from @Ken M.:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
.
Why @Peter Walther:, I’m surprised at you. You tout professionalism yet you know that not one of those so called “metal health professionals” (sic) has ever had even 5 minutes with Donald Trump to make any determination of capacity or intent.
That is like saying “over 100 SubTo students have determined that the transfer of ownership of properties using a quit claim deed is valid without having to even do a title report.“ You know, for sure, how absurd that statement is, on multiple levels.
Not one of those purported “metal health professionals” (sic) you refer to is a Psychiatrist or even a Phd. Most of them are imaginary and don’t exist anyway.
Don’t ruin your credibility over trivial matters just because a bee got under your saddle. ;-)
Please refer to my prior response.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
Well that's just...... Something....
It makes me wonder if there is a DSM for persons who believe they are qualified to make psychological diagnosis for a person based solely upon what they have seen or read on that person via selected media.
Possibly a form of derangement maybe...... Hummmm, yeah it seems to fit the category of a derangement.
FYI; I'm not a Trump Tribalist sooooo yeah, guess again.
See it's this that's really pushing people away. The polarized "your with us or else your with THEM" BS.
I'm the middle. The middle looking on thinking "wow, your psychotic freak outs are NOT winning us over to your side of things".
I think if you took the time to read my post you would find I relied on the opinions of over 100 mental health professionals, and yes, my own observations, to conclude Donald Trump is mentally ill. Since you've been unable to respond with anything other than ad hominems, I believe it's time to bring this discussion to an end.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Nate Marshall:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused
Cry harder boi! Trump is saving our country aka world from subhumanity!!!
Just what I was looking for, a brief, yet articulate and well thought out rebuttal.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Is it possible that your confusion may have a source influence from an over-consumption of headlines, and an under-consumption of self search in facts and due diligence?
I suspect the factual answers, as most things, are found somewhere in the middle....
I believe that if you review some of my previous posts, on any topic, my opinion is always based on facts and are not superficial. My post that started this tangent was that over 100 metal health professionals have opined that Donald Trump is mentally ill, I have yet to read anything that refutes that fact. I also wrote that Rex Tillerson said Trump is a fuc*ing moron, which is also a fact. The fact is Donald Trump was insolvent and was saved from bankruptcy, unlike his companies, by his creditors who decided he was worth more to them financially alive then dead. Then came along Mark Burnett who created this persona of a successful businessman from whole cloth, and the gullible public bought it, probably as a result of what's known in behavioral economics as availability bias. The fact is he was never that smart, financially or otherwise and his mental acuity has gone steadily downhill. The fact is, Donald Trump is a sociopath and as such is incapable of feeling things normal people take for granted such a guilt, regret, shame, remorse, fear. If you're interested, there's a book titled Sociopath, A Memoir by Patric Gagne, an autobiography by a woman self-diagnosed as a sociopath who went on to get her PhD to better understand her condition. It might give you a better understanding of what may be going on inside Trumps mind. Also, it's a fact that it is commonly believed by mental health professionals, that these personality traits make sociopaths poor decision makers because they are incapable of understanding or caring about the possible adverse consequences of their decisions. The fact is he's also a pathological liar, incapable of telling the truth and in many cases unable to even recognize that he's lying. I really wish that one of you Trump supporters would give me some fact that demonstrates why my opinion of Trump and his policies are wrong or some record of his remarkable achievements.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Jay Hinrichs:
Quote from @Don Konipol:
Quote from @Peter Walther:
Quote from @Don Konipol:
"yeah, I often disagree with Mr Wise, but I LOVE the fact that he unequivocally states his opinion. Even when he implies that I’m “garbage”. This is the second time I’ve been called garbage in the last 6 months. The first was by Joe Biden. LOL"
I considered my comment above a joke, not a political comment.
However, I do have to admit that I do derive great pleasure when TDS causes liberals/progressives/ leftists to go off the deep end!
I don't consider myself to be liberal, progressive or a leftist but an independent. I've seen both Republicans and Democrats loudly and proudly support incompetent and corrupt individuals, but never have I seen one as incompetent and corrupt as the current President and it's really sad to see you take such pleasure in my discomfort. I consider TDS to stand for Trump Delusion Syndrome suffered by those who continue to see him as a successful businessman when all evidence points to the opposite.
I guess the answer for you is yes
Peter I really value your knowledge on all things title and title insurance related.. As well I as I really Value Don's opinions on all things related to finance and doing deals and what it takes to be educated in RE ..
Thank you Jay, I appreciate that.
Post: Can a “Subject to” Transaction be done SAFELY?
- Specialist
- Winter Springs, FL
- Posts 1,608
- Votes 693
Quote from @Joe S.:
Quote from @Peter Walther:
Quote from @James Hamling:
Quote from @Peter Walther:
Quote from @Don Konipol:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Don Konipol:
I've read all the posts providing posters personal opinions based on their experience, knowledge, biases, and specializations within the real estate field.
The many NEGATIVE opinions, while not changing my mind that sub to CAN be done safely, have opened my eyes to the very real risks involved and the difficulty of structuring the transaction so as to protect all parties; I was also surprised to learn of how many investors have observed unsatisfactory outcomes with these type deals.
So, based on all your feedback, I have come to the following conclusions
1. While subject to. transactions can be done safely, it is most difficult to accomplish in residential transactions where the seller is a homeowner and not an investor.
2. Full disclosure of the negative consequences (retention of liability without ownership of the asset securing that liability, limitation on credit capacity, etc.) must be provided the seller IN WRITING.
3. ALL parties should be represented by an attorney experienced in real estate
4. Buyers with limited knowledge, experience and capital should not engage in this type transaction
5. A subject to transaction involving commercial property and two professional real estate investors is an appropriate venue for a sub to transaction
6. the buyer should be fully prepared to refinance or payoff the existing loan if it is called due, and should have the capacity to do so.
7. the legal structure and documentation should be prepared by an attorney experienced in subject to transactions.
8. Avoid anybody who was a Pace Morby student
Sub2 is for criminals and con artists. Anyone who comes on these threads and talks about doing Sub2 deals is garbage.
Jim Luv you Bro but your over the top on this one..
Was it really necessary to inject politics into the conversation, after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite.
" ....after all, I didn't mention the sociopathic narcissist currently occupying the white house or the chaos he's creating or his running buddy who thinks I'm a parasite."
Bidens back at the White House ?!!
I wouldn't get all up in arms, I am sure he's just having an "old-timers" episode again one of the wranglers will get him a 10yr old to sniff to coax him out soon enough.
While Biden certainly wasn't up the task of being President, he didn't have over 100 mental health professionals opine that he is mentally ill. Nor did he have many of his handpicked advisors such as Rex Tillerson call him "a fuc*ing moron", yet many seemingly intelligent individuals insist that Donald Trump is the greatest businessman who ever walked the face of the earth. Forgive me if I seem confused.
Following media affects some people more negatively than others.
Below is something someone just text me out of the blue probably less than 10 minutes ago. I read it and hopefully took it to heart. I’ll paste it below.
My goal is to daily have a happy, cheerful heart.
Words to live by:
Proverbs 15:15
For the despondent, every day brings trouble;
For the happy heart, life is a continual feast.
Proverbs 17:22
A cheerful heart is good medicine,
but a broken spirit saps a person’s strength.
I’m
In child of the King!
Nobody in this world is gonna break me!
I’m blessed and highly favored!!!
Big BOOM ‼️
Proverbs 18:15 – “The heart of the discerning acquires knowledge, for the ears of the wise seek it out.”
Micah 6:8 – “Act justly, love mercy, and walk humbly with your God.”
Isaiah 10:1-2 – “Woe to those who make unjust laws, to those who issue oppressive decrees.”