What about subject to?

We have a property we acquired subject-to existing financing, so we didn't pay much for the purchase.

I mean the podcasts, blogs, and forums are WAY higher up on the value scale than any of Rich Dads trainings.I mean the Rich Dad coach was teaching people who must have dished out thousands what subject tos and land trusts were.

I JUST did a podcast with BP on the subject.

If you had a note and a deed of trust on the subject property then sure that would work fine but it sounds like your saying to use a heloc to buy another property in cash.

Or you can do some creative financing for flips such as subject to's and seller carry backs.

This is called buying subject to the existing financing.

Thank you so much for sharing and I hope one day to have the same subject line – "I quit my full-time job"!

Here's an article I found by doing a google search on the subject: http://www.petpartners.org/page.aspx?

The transaction was a regular sale, subject to payoff approval by Medicaid.