All Forum Posts by: Ryan Thomson

@Don Konipol an other option for the person concerned with "sub-to" is to get the bank involved and do a fully legal (no cover your *** paperwork needed) assumption. The seller transfers the loan to the buyer. The seller is released of all liability. The buyer pays the equity and gets a killer rate! 

This strategy can be done for primary home buyers and for investors. I had 7 clients purchase this way last quarter. 

One of them put 17k down to get a 2.7% interest rate as an investor! Another put 100k down to get a 2.25% as a primary home and use the rest of his VA entitlement. This is an awesome way to purchase real estate right now! It gets you the low rates of "sub to" without any of the ethical or legal questions associated with it.

Hi BP Community!

Are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

Meetup Topic and Speaker: Master House Hacking? Ring….ring…. big leagues calling. Why not build your own houses, duplex’s, or 30 unit apartment complexes. Join the Owner of Love Lending Group, Sam Bromley, and figure out how to fund it. Sam and his team have funded over $150 million in residential real estate. Their moto is “A Fair Deal with an Exceptional Level of Service”. They’d love to meet you.

See you all at Goat Patch Brewing!

Hi BP Community!

Are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

See you all at Goat Patch Brewing!

Meetup in Colorado Springs next week! We’ll be at the Renjoy office at 102 W Colorado (the same parking lot as Paul Mitchell). Hope to see you there.

Hi BP Community!

Are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

See you all!

 Sure have! They make great studio apartments

How does owning a home with a 2.75% interest rate sound?! Ryan is going to talk about how he is getting clients under contract on amazing deals with fantastic interest rates. It’s called “assumable mortgages”. It’s a popular strategy from the 80s and 2000s. With current high rates, we are seeing a resurgence of Assumable deals during this market. Come to the meetup this week to learn how you can buy a property with interest rates in the 2s, 3s, and 4s.

This strategy is for first time homebuyers, House Hackers and investors. Assumables allows you to assume the mortgage balance and interest rate of a current loan. it will save you hundreds of thousands of dollars over the life and the loan And $1000-$2000 a month. Come learn about how this strategy can allow you to reach back into the past and buy a home with low rates!

We’ll be at the Renjoy office at 102 W Colorado (the same parking lot as Paul Mitchell)