How to Buy a Rental Property With NO Money

[@KenMcElroy]

If you want to support the channel, please share this video with someone you think would benefit. It would really help us out. Thank you

[@vaspet8213]

It’s time to save this country by taking over the local banks! We must become the banks!

[@Blankohanks64]

Thanks Ken pace knows what's he's taking about ! You guys can do great things together

[@21copyCat]

do you mentor people on the stuff

[@vaspet8213]

@@21copyCat I do! I got a few deals lined up

[@wattasay2370]

@@21copyCat everyone want $10k+++ for their mentoring which is unacceptable!

[@AnnaOllsson]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@DaliaCohen2230]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@PennyBergeron-os4ch]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@HildaBennet]

Do you mind if I ask you to recommend this particular coach you using their service?

[@PennyBergeron-os4ch]

“DIANA CASTEEL LYNCH’’ is the asset manager I use.

[@PennyBergeron-os4ch]

The fiduciary that guides me is DIANA CASTEEL LYNCH most likely the internet is where to find her basic info, just search her name. She's established.

[@theo81st]

This is the most information rich video I have seen in awhile.

[@Godwinkeneth]

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

[@kevinvictor-s2w]

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

[@shirelylinero]

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

[@doran-f6w]

Could you kindly elaborate on the advisor's background and qualifications?

[@shirelylinero]

“NICOLE ANASTASIA PLUMLEE’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@doran-f6w]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@enriquegonzalezortegariver4181]

Wow! This is 27+ minutes of information that has like a 100 hours of education to unpack. thak you so much! Bless you!

[@WilliamsJoy-t7q]

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

[@nevadawolf619]

I am so glad I found your channel! Thank you so much for providing this content. I’m learning so much from you guys.

[@lukehood5546]

This video was pure fire and glad pace was able to be vulnerable and real around another guru without shrinking

[@davidgrant6317]

One of, if not "The Best" video I've ever seen on KZbin💯 Thank You!!! Keep putting out inspiring and educational content💪

[@customhomebuilder]

Many of these strategies are theoretically possible but a lot has to line up perfectly for them to come to fruition. Not impossible but definitely lots and lots of conversations, time and trust building.

[@Quick_Fast_Hurry]

Very precise intuitive observation 👏 I perform creative finance solutions and you are 💯% correct 🎯

[@nmr20067]

Yes, they always make it sound soooo easy and like no one else has done it or thought about it before..

[@Quick_Fast_Hurry]

@@nmr20067 what’s you net worth?

[@NateYaquinto]

🔥🔥 🔥 Definitely want to see the follow up video idea mentioned at the end on sourcing private money for deals

[@Recon_Racing]

I'm reading a book on this concept. I'm 2 pages in so far.

[@jenniferfitzgerald369]

Mind sharing the title of the book? I just found this channel and I am really excited to learore! I've only been at my job a year, sucks but I have a job! Thanks​@@Recon_Racing

[@Erikkurilla01]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@jessicasquire]

'Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@PajinakStanovska]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation.

[@PajinakStanovska]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@ryanwright1994]

Good video! Dialogue is great! I agree, not many moves can be made with traditional finance. Seller finance is the best!

[@omarclemente221]

Most houses have equity now, so taking over payment you will have to bring cash for the seller to the table.

[@Segurasbusiness]

3:00 home equity 5:30 job history is one year 7:00 7:30 9:00 13:56 banks 14:20

[@MichaelSmittySmithScottsdaleAz]

I did a subject too deal that still has a loan. Bank called the note due. Be careful

[@bhuber77]

How did you handle it?

[@MichaelSmittySmithScottsdaleAz]

I had my attorney call them and showed proof we brought payments current and the home was up for sale.

[@MichaelSmittySmithScottsdaleAz]

​@@bhuber77insurance change and address change might of triggered it. I used a title company to service the loan

[@ceec5741]

The video was interesting, but the title is misleading. No money? Please, not one of these experts mentioned any of the costs that occur when you buy a property. Inspections (please don't buy a property without an inspection), title insurance, taxes (when you transfer a title), lawyer's fees - don't you need a contract? (As an aside, I did buy a property with a contract I got off the Internet, but I would never do that again, too many risks!) And speaking of risks, they didn't mention one! For example, with no money down means that it's very hard to have a positive cash flow, yes? What about the risk of not having an emergency fund for problems that are bound to happen? Or if someone defaults on an agreement? Would have liked a more balanced discussion!

[@PaceMorby]

Also… we had this more in depth discussion 7 months ago about all your questions/comments. Go watch that! It’s awesome and goes in depth.

[@yinglong631]

@@PaceMorbycan you please link that video here? Cannot find it. Thanks

[@jasonrhodes7715]

@@PaceMorby Thanks for all of the gold nuggets. You always deliver 🔥 To clarify, you’re saying PadSplit handles everything ongoing to open up the opportunities of investing out of state properties? Also, would would you reco trusted SFH management if you rent it out traditionally to 1 tenant if it’s out of state? Thank you

[@robertruschak7083]

graham stephan & yotta bank 🤯

[@samanthamile6391]

@@jasonrhodes7715 The pad split sounds a bit scary!Glad I do not live next door to a pad split, I can only imagine,it would be a concern for the rest of the neighbors, possibly bringing down the value of there property so they could put in more pad splits! Then fill them up with illegals. Sorry do not agree, some of the info is good. I myself am an immigrant so not bashing, except I worked my ass of to come to this country with papers and get citizenship. Own 2 homes, and put myself through school. Would not dream of filling up my rental with undocumented people out of respect for my community. I would rather get less rent and help someone who needs help with housing in a quiet, clean, safe place to live.

[@lettruthprevail9820]

If you assume a loan, how do you protect yourself from the seller potentially declaring bankruptcy and how does the seller protect their credit if the buyer doesn’t pay the mortgage payments.

[@nmr20067]

Notice you didn’t get an answer. Subject 2 is riskier than he will make it sound. Also, if the loan holder finds out, they can also call the loan due…. They never bring this up. But do some research on that. I’m sure they will say or claim it doesn’t happen. BUT it can definitely happen….

[@willsmith4575]

@@nmr20067pace did answer that second part in the past. If they call it due, deed it back to the original owner and put it under a lease purchase agreement. The deed is kept in escrow for the duration of the agreement and then it’s officially transferred over once the lease agreement is paid. (Which is set to match the mortgage price)

[@BigRyGuy]

Great point

[@thecabretty11]

​@@nmr20067there are legal ways to handle it. Type pace morby subject to. On you tube

[@ShotbyKyng]

@@nmr20067he definitely brings it up if you watch his channel.

[@AndrewSmiith-s7j]

I’m really impressed with how well you explain things. This video is amazing!

[@sandleslayer9954]

ya amazing you make it sound so easy saler finance, then your on the hook make payments on 2nd home, if not rented out with great renters, you could even loose the home you live in.😢

[@OscarRodSeedsofG]

They are not talking about the most important piece of information, "The Due on Sale Clause". The bank can call the loan due if a homeowner allows someone to take over his payments. The new buyer will have to qualify for the new loan or the bank will foreclose on the property. Whatever amount was given to a person who structured the deal, will be lost unless you know how to reach them and can force them to give you the money back. Thant is a fact. If you doubt it, contact your bank.

[@joshuarohrer3261]

He addresses that on many other videos. Banks won’t call the loan because they aren’t in the real estate business. If the mortgage is being paid, they are happy, since the worst case scenario is still the same for them. The buyer and seller would just need to call and give them a heads up.

[@LivitiProperty]

Rentvesting is a good idea -especially as property prices rise in capital cities around the world.

[@johntaglia9378]

Great video, I'm 76 still young & ready to buy property. I own one house & want more

[@sandleslayer9954]

Do a heloc or refi home loan but ya have to buy right property and good renter , gamble, unless you buy property cash,less risk,or just live dept free safest 😎

[@RobertGorin]

*Appreciate your videos! I’m 54 and younger generations should know there’s no shortcut to acquiring wealth, but there are ways to go about it. Fellow millionaires don’t tell the poor/middle class they need the knowledge of finance coaches to help build their wealth. If anyone here needs a good coach, here’s it..*

[@RobertGorin]

ELIZABETH GREEN HUNTS Get to her with her name..

[@MorganeAdvisers]

I well appreciate your coaching, I need your support, to improve my business in real state

[@KC12248]

Most of these properties are in foreclosure as they even mention and are behind several months on their payments which you would have to bring current if you did seller finance or subject-to..

[@ginacardarella]

That's exactly what I to do with my Multiunit property. It's small but location is everything I want to owner finance. It because of the tax the issue I don't want to have to deal with Capitol Gaines, tax people were thinking I'm crazy. But after listening to this video I think i'm on to something, thank you

[@lawrencesmith9059]

You take a great deal of risk by owner financing. When the charlatan on the other side of the deal goes out of business, you will be left holding an empty bag.

[@VainakhQuranites]

@@lawrencesmith9059The same risk holds true to banks, what’s the difference?

[@Watcher-70]

Generally contacting new construction can make you a lot of money.

[@zxtenn]

I have heard LOTS of bad things about 'sub-2' regarding being 100% legal, etc. How are people going to take over payments with no job, etc.?

[@JamieKline-l5p]

Renting by the room… how do you get a certificate of occupancy for it… I’m Not sure that would fly in NJ

[@Quick_Fast_Hurry]

Easier than you likely perceive: where there is a will there’s a way!

[@Thecoolestjen4477]

Do you have any insight on purchasing seller financed land overseas? And following that, ways to pay to build (such as an airbnb) on said land without funds or great credit?

[@akorfagidiglo7283]

Hi Ken how can l.find one of this properties in middlesex county to take over their mortgage NNJ

[@wattasay2370]

Great content!!! Affordable housing is the answer! Let’s do this in WA/OR/CA!?

[@Quick_Fast_Hurry]

Paces’ community is already operating in WA/OR/CA. Connect with one of Us community members and we will bring massive value into your universe 🥳

[@angelasalinardi9287]

@@Quick_Fast_HurryI’m in CA and I want to get into this. Who do I reach out to?

[@wattasay2370]

@@Quick_Fast_Hurry Pace is great but charges too much for things that most can’t afford now! It’s time to put that aside and build community vs making money off of them!

[@jordonpumpin]

I don’t understand how your doing these seller finance deals and or sub 2 , if you have no money? And how are you paying real estate agents for giving you deals ?

[@AA-rc4zr]

I am not aware of any lender that would allow loan pass over (assuming the loan) to a new buyer. How does that work?

[@donmccoy4730]

Thank you both for always reminding your guests that there are people who don’t speak or understand “the language” yet and having them slow it down for us. On these two options, do you just inform your attorney that you want to do a Sub2 and they will write up the arrangements?

[@Eric-bh7jy]

Black Rocks not bad…. While wearing a Black Rock shirt. 😂😂😂 corporations should have no ability to buy single family homes or build neighborhoods that are just for rent. That’s definitely a major factor in house prices through the roof

[@ryanperry9838]

1000% agree

[@steveflores9654]

I agree with that. But what are we going to do about it? That’s the real question. These guys here are just gonna profit from it. They’re not wrong necessarily.

[@ryanskinner8789]

Its an exclusive golf club in North Idaho, thats the shirt he is wearing.

[@MonteMitchell]

By far the best show I’ve seen watched. I own 23 units and want to scale. Thank you!!! 🙏🏽

[@Quick_Fast_Hurry]

You could borrow against the equityX23 and substantially increase your holdings 🫶

[@christinajones7319]

Pace Morby 🙌

[@Raniyanhunter]

I used to believe that real estate was better than stock market investment until I was introduced to the stock market in 2022. The significant gains I’ve seen in just two years completely changed my perspective. I realized how much more flexible and profitable stock investments could be compared to traditional real estate. It's been an eye-opening experience!

[@garnold-l5p]

Absolutely! Some effective stock market strategies include diversification to spread risk, dollar-cost averaging to mitigate volatility, and focusing on long-term growth. Having a good financial mentor can really help you navigate these strategies efficiently and maximize your returns!

[@Raniyanhunter]

Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid a personal health issue. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@garnold-l5p]

please tell me more

[@Raniyanhunter]

My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.

[@Mlanderos-t9e]

Thanks, I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

[@galerialaluz2177]

Excelente Ken, hablando lo necesario y al grano, el invitado muy coqueto con la hermosa dama.

[@rob-dq7sv]

Does the original seller have to agree to a refinance instead of continuing to pay them monthly?

[@Mastaslick.]

So just found this channel and learned a bit but... The big questions. I can do all that but how do i wright a contract do i need a personal lawyer. If so thats not no money. Or do i buy an existing one and keep using. Feels like half information.

[@donmccoy4730]

What determines a properties class? A? B? C? Etc.

[@Quick_Fast_Hurry]

Demographic scale

[@pawelwisniewski6849]

Everybody getting different commercials Depends on your feed and interest

[@MichaelSmittySmithScottsdaleAz]

Padsplit ruins neighborhood. 3 bedroom and 3 tenants move in. 3 of the 3 have a significant other meaning 6 cars coming and going from a neighbors house. Worse than living next to an airbnb? I have that in my neighborhood. Terrible

[@DellD-s5q]

A mess! This and more is what people don't talk about.

[@roncloudwalkercollins1180]

OK..I talk to the owner and assume the payments (of a single home) go through with PadSplit - Doesn't that leave the Seller in a lurch in regards to possible bank financing their new home? (Because their still responsible for the prior loan?)

[@soniasbooks]

It certainly won't work for a lot of people.

[@fwalls7481]

No, always maintain a relationship with the original owner. If they're buying a new house they only need to provide proof that someone else is making the payments on the house they sold you.. The original owner will ask you for cancelled checks or proof of payment in your name. The original owner will in turn show those checks/proof to the mortgage company that's doing the loan on the new house.

[@marceloonemillion9563]

Sounds GREAT but in my experience MOST if not all funding institutions DO NOT allow for the mortgage to be assumed, why not say it how it is??

[@begracefulonline]

But your not assuming the mortgage. All your doing is assuming the payments. The buyer takes ownership of the property and agrees to make payments on the mortgage, but the loan itself is not legally transferred to the buyer. The seller remains legally responsible for the mortgage, and if the buyer defaults on payments, the seller could lose collateral or have their credit history damaged. The title is still with the mortgage bank, and the only thing you are modifying is the deed. You can transfer the deed to your name by filing the proper paperwork with the county clerk. This is perfectly legal and you are not in violation of the mortgage contract. Once the mortgage is paid in full, then yes, you are able to get the title in your name / trust / Corp. You will need generate a contract between you and the seller, which has nothing to do with the mortgage bank. All the terms of what is expected between the 2 are outlined in this contract and then you both sign, get it notarized and file with your county clerk. And some municipalities don't even require filing. There is risk on both sides, which is why it's important to have a contract in place.

[@nirradical]

​@@begracefulonlinePerfect explanation 👌

[@TheRichardsonReport]

@@begracefulonlineI learned more about the inner working of taking over someone’s mortgage without assuming the loan with your comment. You rock! A real master class in explaining so much in so few words. Bravo!👏

[@sandleslayer9954]

find a home that is a little underpriced, then pay cash for it, then if ya have crappy renter or no renter,you wont lose property, can always sale later.

[@jazminasbun2922]

What do you have to show the seller to get a deal

[@ksawhney]

Great advice, thanks.

[@JohannDreyer-jz9di]

When is your next course

[@jjoo6229]

This is good creative mental stimulation.

[@CreuzaSantoscomamorcomunidade]

Can I buy and leave there and pay the mortgage? It's so difficult to get a mortgage to leave in the house

[@ahill180]

I'm in Maricopa country as well. Goodyear, AZ. I'm enrolling to ASREB this Friday. Any advice?

[@JasminThelemaque-lf8mo]

But if the mortgage specifically states can’t assume ! Most mortgages are not assumable … not even subject to .

[@meritholdingllc123]

"Not assumable" has nothing to do with "subject to".

[@worldwideachievers1234]

I purchased a duplex awhile back and the seller kept the mortgage and we had a separate contract where I paid him. The seller still owed probably about 1/2 of his loan still. I’m guessing this falls under subject to

[@victoriacastro564]

Needed this

[@begracefulonline]

Please understand that you are not transfering the mortgage. The mortgage remains in the name of the seller. All you are doing is assuming the payments. You, as the buyer, take ownership of the property via deed transfer only (NOT Title), and agree to make payments on the mortgage. But the loan itself is not legally transferred to the buyer. The seller remains legally responsible for the mortgage, and if the buyer defaults on payments, the seller could lose collateral or have their credit history damaged. So make sure you have a contract in place, and reviewed by an attorney who has experience with this kind of structure. Also, its not as easy as they make it seem. It takes a TON of work for a deal to come to fruition and due to the trust factor, people are just too hesitant as the deal seems to good to be true. But it can be done, and its perfectly legal, with no violations to the original mortgage contract - unless contract specifically says this cant be done - which I see mortgage banks adding a clause as these deals become more popular and people start messing up and not making payments as agreed. Or hedge funds find ways into this and mess it up for everyone else because they get greedy. Then legislation gets enacted and it's a pain for everyone.

[@user-es5jq6yy9l]

You need money for seller finance. They usually want 50 percent down up front I've called

[@stevegarrett4869]

The problem is class a is going to be oversupplied. The problem with the Walgreens is the rents get crushed by inflation because they don’t keep up. Leases aren’t that awesome

[@dannyn9431]

most of those have 10% escaalations every 5 years, some may qualify for bonus depreciation so there are some advantages.

[@stevegarrett4869]

@@dannyn9431 not on Walgreens leases, They are fixed for 10 years.

[@fwalls7481]

Can you add a link to the sites he mentioned?

[@jerel2119]

Love the information! I’d like to find out more. I’m interested in earning extra cash matching sellers with buyers. I’d also like to find my own investment duplex!

[@jeffkeahey410]

What is the guys name and channel that you were interviewing so I can follow him. Thanks Ken I’m a corporate Pilot and I a specialize in contract flying for people like you that are successful and I want to learn as much as possible from awesome people like you

[@HomesHealthGratitude]

Im doing this right now… found the deal… getting free money for it… and renting it… all in less then a month

[@stayfree101]

Where do you get the free money and is it just to cover basic fees? Or does this include monies to repair the property if needed? Thank you

[@AselBallew]

Great video ❤

[@user-fp3bv5fu5j]

Not sure how you guys do it? I already applying for mortgage gor my next house and my other one is being rented out but bank want me and my wife to have a regular job still and been working for a while. Its not easy to borrow.

[@Main-street]

Love the content

[@GrayCodeTV]

Straight game 💯🔥

[@KevinKidwell-v3c]

Is sub 2 deal also known as assumable loans? I get seller financing but i dont understand sub 2.

[@athenapaquette]

@user-nl9ny3zz6t somehow my answers aren't going through. I tried 3 times. This is a test

[@ryanwright1994]

Yes. Subject to pre-existing mortgage.

[@michaelmansour6326]

NO, they are totally different! Certain government loans are assumable (FHA, VA for example). You then must go to the sellers lender to get qualified then can assume the sellers loan and existing terms and lower interest rate. But if the house is sold for more than the sellers loan balance, that difference may need to be paid out of pocket to the seller or get a different loan. "Subject to" is not really great for sellers as the buyer will HIDE from the lender that the new buyer is making the payments, the seller moves out, and new buyer or tenant is put in the home. What if payments are missed or lender finds out and calls entire loan due. A BIG PROBLEM!

[@KevinKidwell-v3c]

@@michaelmansour6326 Thank you. Your response was very informative on a topic I have little knowledge about. I don't believe as a seller, I would trust another to pay off a debt that is still on the books as my responsibility.

[@A_D1820]

He's amazing!!! 🤑🤑🤑

[@garysteelethemidnightman]

I have no income no deposit how do I get it started. Buy first property with nothing to show for.

[@MikeVenom-mini]

You gotta have income and a deposit😂 I think he says some people want out but you gotta find them. 3 out of 40 people usually want out he says

[@MikeVenom-mini]

@garysteelethemidnightman Actually to answer your question, I turned to Robert Kiyosaki's books and he said basically "It doesn't take money to make money", He doesn't say how that's possible but by reading on you can infer that he means he networks his way in, and or has credit by being an "accredited investor". That means the banks love you. So those are the ways to get a home with no physical money. But only rich people have rich friends and so on. You obviously aren't accredited by any bank so it's really just a bunch of hoopla until you find a "partner" (he calls them level one investors) who has money, you do the leg in finding a cash-flowing property, and you're in. Networking is the answer here, right?

[@jeanrobertduret6336]

Pace love your video man.I am looking forward a duplex for business purpose and retired.please explain me your last offer.I am in Jacksonville.Thanks Jean

[@koelg5858]

Ken, does your shirt say BlackRock?

[@athenapaquette]

Love padsplit!

[@Quick_Fast_Hurry]

How are their new terms?

[@AlejandroMartinez-eh8gr]

HOW ARE YOU MASTER KEN? I HOPE YOU ARE WELL, I HOPE YOU ARE HAVING A GREAT DAY...

[@sharonwinson-m8g]

fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[@JacobsErick-u8r]

Contemplate shifting your investments from real estate to other dependable options such as stocks, cryptocurrencies, or precious metals. Severe recessions present potential buying opportunities in the market, but it's essential to approach them cautiously due to the volatility that can provide short-term trading possibilities. While not offering financial advice, it could be prudent to consider investing, given that holding onto cash may not be ideal during this period.

[@TinaJames222]

Agreed, instead of panic or following a hearsay, I simply adopted the service of an advisor early 2020 amid covid-outbreak, and so far, I've attained my most measurable financial milestone of $900k after subsequent investments.

[@Vincent-j8u]

nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

[@TinaJames222]

My CFA ’ Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@oliviaHill-w4e]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@Nbkeo48]

I want the list from pvt money lending

[@mylesdb]

My landlord recently attempted to sell the duplex I live in but let the listing expire. I am interested to own it but as a newcomer / first timer I don’t know how to navigate approaching the landlord, she wants to sell to buy another property so a sub2 negotiation seems tricky if she needs cash, I don’t think she can do seller financing either. Anyone willing to coach me on what I could say to my landlord?

[@bihaminromulus1121]

Can someone please make some books recommendations for me to read on real estate investing?

[@Quick_Fast_Hurry]

You can’t teach a kid to ride a bike at a seminar

[@WallStreetIceCream]

Talk about DSCR loans

[@robbiemcvane1046]

It works!!!

[@jamman7344]

This is great news. You can buy a house with no money but you take over their payments with no money😅

[@ebonyaull]

How can I do something like this .: I understand the idea but no way it's this easy

[@nmr20067]

Why do gurus like this NEVER mention that if the loan holder finds out about the sub 2 deal they can call the loan due. He’ll tell you it never happens or never happened to him. But he failed to disclose it can and DOES happen….. what if the person files bankruptcy? Property and loan is still in their name….. He just makes it seem like it’s so easy. Didn’t address pitfalls and cons. And I’m not saying he never made it work but never addressing the pitfalls and what can happen is dishonest…. But he’s a money before anything else guy so he doesn’t care.

[@MyShotsTickle-im5ss]

She'd big on working3 jobs!! What are your 3 jobs podcast..youtube and radio😊

[@shaqsmith6562]

Exactly

[@thecabretty11]

He does explain everything about the subto program. When the loan is called due there are legal ways to handle it. Just type his on you tube about the DUE ONSALE CLAUSE.

[@fwalls7481]

They never do. Banks don't want to own homes they want the mortgages paid.

[@theresarodriguez7818]

No apartments!

[@ReeInvesting]

gr8 content!

[@JasonBedient]

What if I have the money for the down payment? All these videos aee about no money down...

[@dannyn9431]

The reviews from Padsplit are not encouraging at all. Seems sketchy people end up renting the rooms, especially with the whole per week payment. seems like half way house, or maybe depends on locaation?

[@samanthamile6391]

My thoughts exactly, I would not want to live next to that, be a bit pissed off that it would bring down the neighborhood.

[@Quick_Fast_Hurry]

Things recently changed for worse with Padsplit as well

[@soniasbooks]

You'd need to make sure it is legal in the location you want to do it in. It's more complicated than they make it sound.

[@dannyn9431]

@@soniasbooks Aren't they always making it sound so simple. Alot of times they forget to mention these type of transactions are very locaation specific. In my area, they had a local ordiance that no more than 3 unrelated adults could live together in one house, not sure if it was repeealed.

[@bhuber77]

I'm sure the houses get trashed too

[@keyraonileowo8133]

Who is the interviewee?

[@JeremyLMarquez]

I am looking at a SFR in Cali that the seller is giving 100% financing He is beating the bank I am under loi

[@susievlog4349]

Foreclose properties

[@AA-rc4zr]

Banks don't allow assuming the loan. How do you do this?

[@dazisgud]

Only possible with some loans

[@ryanwright1994]

If I may, Pace Morby explains this and how it’s possible (in another video). Some loans are not assumable, and subject to “due on sale clause” if “sold”. But if mortgage is “transferred” not sold, no sale technically occurs. So…a buyer can place the sellers property in a land trust that transfers title/deed to a LLC, owned by borrower, and may transfer (not sell) to a buyer (or investor), thus bypassing “due on sale” clause and assume payments “subject to” pre-existing mortgage. Make sense? Moral: Banks want their money, not so much WHO it’s paid by. Hope this helps! Gosh….need to take a deep breath. Such a loaded question.

[@BusinessandFinance-ym5bk]

​@@ryanwright1994 That's gobbledygook fiction. Title cannot be "transferred". The transfer means an actual sale.

[@BusinessandFinance-ym5bk]

Depends on the loan. Most government guaranteed mortgages (VA, FHA, USDA) are assumable by the new owner, provided the new owner qualifies for the original loan conditions.

[@ryanwright1994]

@@BusinessandFinance-ym5bkperhaps I’m mistaken with my information. Would you mind elaborating on the proper way to do this? I’m also still learning. I, along with others, would appreciate it. Thank you.

[@goranjaksic578]

Maybe in america

[@zhenshan456]

One thing for sure Ken like this black Rock shirt

[@nunya2814]

There doesn't need to be a formal conspiracy, for like mind people, to have like minded goals. They know whats good for them, is more often than not bad for most.

[@shortsdancevideo7]

informative

[@dannyn9431]

Not Surprised Ken McElroy doesn't think wall street buying up single family homes is not conspiracy. I'm sure he thinks RealPage is awesome too with their price fixing aka "dynamic pricing model" that has kept rent prices inflated and unaffordable for many.

[@CoachNikita-fitness]

Hello! Does anyone know of Commercial Real State software that offer market trends and data?

[@vincentaurelius2390]

There is nothing less intuitive to me than real estate, I’m completely lost in these concepts. I understand the basic motivations of buyers, sellers and banks but the rest is beyond me.

[@johnwright6403]

The offices that are sitting empty could be converted to affordable housing

[@BigRyGuy]

That was a home run!