You can still learn investingTeam up with someone that does have money and become their assistantIf you have a lot of money and no time, either look into syndications or find someone who buys properties for people who have no time, like us.If you want to do Subject ToHave about $30,000 available liquid cashIt is Not “no money down”Borrowing from others to cover the costs for doing Subject To has serious legal consequences and is extremely risky for you, your 2nd position lender and for the sellerIt is easy to do the contract (Transaction) for Subject To, but it is very hard to do the next few years correctly.

I’ve been doing my due diligence for over a year now and I’ve finally come to the point where I need to pull the trigger.

An extremely stupid joke perhaps.

Let me add, despite the criticism here, his books are extremely well reviewed, the one I bought had been 4.8 out of 5 stars on Amazon at the time.

That being said, what you are describing is about the DOS (due-on-sale) clause, and the fact that operating the transfer into a trust is not triggering the DOS.

STR's could be extremely attractive as well.

However, my first thought reading your post was that a purchase price of $59,500 is extremely low for a DSCR loan - most DSCR lenders require a minimum loan amount of $75-$100k.

I think the biggest thing I learned from this is not to pull the trigger too fast on buying a house.

This is throwing money away for the most part as they will charge for their time if they have a lot of business.It is more common to have a GC walk a property before you go under contract, but the good ones will stop answering your calls if you never pull the trigger.

Having your "core 4" (Realtor, Property manager, Contractor, Lender) is extremely important.