WIP 1221: Subject To Financing - The Real Estate Strategy You Can't Afford to Ignore
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 29 May 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
Subject to financing is a strategy commonly used in real estate wholesaling. It involves purchasing a property "subject to" the existing financing or mortgage already in place. In this scenario, the buyer takes over the responsibility of making the mortgage payments, but the loan remains in the original homeowner's name.
In real estate wholesaling, being in subject-to financing can be an effective way to acquire properties without the need for traditional financing, such as a mortgage loan. In this episode, Todd Toback will give you a step-by-step overview of how subject-to financing works and how you can utilize it to make wealth-BUSTING deals!
----------
Show notes:
- (1:17) Beginning of today's episode.
- (6:47) The beauty of the subject-to financing strategy and how to build your net worth with it.
- (10:52) Todd's four ways for you to get money are: Amortization, Appreciation, Depreciation and Cash Flow.
- (15:48) Todd explains why the majority of the US population is not credit-conscious.
- (17:04) If you're not willing to pay, this deal isn't for you.
- (17:55) Todd explains the "do-on-sale" calls.
- (19:18) Ask your attorney first if this strategy is the best for you.
----------
Resources:
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to Whole Selling Inc episode number 1221. |
| 0:04.6 | Well, now all of a sudden, the year is 2023, we have a lot of low interest |
| 0:09.0 | mortgages that have been taken out by homeowners. And now values in many markets, |
| 0:14.0 | most markets, I'd say virtually all, with the exception maybe of a couple, are going down. |
| 0:19.6 | Okay, and now this is what the opportunity of a lifetime is. Okay, so you have many people |
| 0:25.4 | who may have refinanced the last two years. They may have bought the last two years. |
| 0:31.2 | And we are going to find a lot of people who are selling good properties, good areas that do not |
| 0:37.1 | have a lot of equity. And when you don't have a lot of equity, or you don't have any of equity, |
| 0:41.8 | and you try to sell your property the traditional way, you are going to be in for a surprise. |
| 0:48.1 | This is Game Changing Information. Guaranteed to raise your real estate wholesaling business |
| 0:53.2 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:58.2 | and start making money today. Join us as we put our guests in the hot seat and dive deep |
| 1:04.0 | to dissect their strategies for success to enable you to duplicate their results. |
| 1:08.8 | You're listening to Whole Selling Inc. The only show dedicated to making you a fortune in wholesaling. |
| 1:16.4 | Today we're going to talk about subject to financing. One of my favorite wealth building |
| 1:20.6 | strategies. I've made a ton of money with this and so have my clients. And so before I jump |
| 1:25.8 | into today's show, you want to check me out in one of my favorite Facebook groups. Go ahead and |
| 1:29.9 | check out the Whole Selling Inc. Facebook group. You can go to wholesalingincgroup.com. Go in there |
| 1:35.9 | at Todd Toeback. May you can't guarantee I'll respond, but I'm in there often and would love to |
| 1:40.5 | interact with you and chat and hear about your deals, your successes, your challenges, and love |
| 1:44.8 | to connect. So see you in there. All right. So let's talk about subject to financing. |
| 1:50.5 | I could tell you that the traditional way of buying real estate, either finding a rental property |
... |
Transcript will be available on the free plan in -674 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Find distressed properties for pennies on the dollar and turn them for huge profits!, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Find distressed properties for pennies on the dollar and turn them for huge profits! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.