Learn how to acquire real estate by assuming the Seller's existing mortgage loan through a technique known as "Subject To" investing.
We interview William Tingle, a well kown real estate investor, coach, author, and public speaker. This technique works especially well in the U.S., but will also work in Canada.
It would especially be of interest for Canadians looking to buy property in the United States.
What is "Subject To" investing? “Subject To” is a real estate investing strategy where a buyer takes over the seller’s existing mortgage payments. Instead of applying for a new loan, the buyer pays the remaining balance of the seller’s mortgage.
The deed transfers to the buyer, but the mortgage remains in the seller’s name. While the deed transfers, the original loan stays in the seller’s name, meaning they’re still legally responsible for the mortgage.
Hence, this method requires a significant level of trust between the buyer and seller.
Check out William's website here: https://www.sub2deals.com/
And his Youtube channel here: https://www.youtube.com/Sub2Deals
Randy Selzer - Real Estate Agent
33 Pearl
St Mississauga, ON L5M 1X1
416-433-3556
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