West DFW REI Group


Peeling Back the Onion: Understanding the Details of a ‘Subject-To' Transaction | 4 May

with... Tim and Michelle Cook

In this event, you will learn the details behind a Subject-To" transaction when leaving the underlying mortgage in place and all the things you should consider BEFORE you purchase. You can learn what you need to know here.

Saturday, May 4, 2024

Location:
Texas Bank Mortgage
4521 S. Hulen Street, Suite 200
Fort Worth, TX 76109
Google Map

 
Members:
Free
Non-Members:
$25.00
First Time Guests:
FREE

Register Below:


Peeling Back the Onion: Understanding the Details of a ‘Subject-To' Transaction

Watch the short video from Tim above

Many new investors find it hard to believe a homeowner will give you the deed to their house. The wave of foreclosures is building, and this month, we'll cover "Peeling Back the Onion: Understanding the Details of a ‘Subject-To' Transaction" and leaving the underlying mortgage in place.  We'll go over the things to consider for you and the seller before executing this type of transaction. 

Due to high demand, we have added a VIRTUAL option to attend.  A Zoom link will be sent in your registration confirmation email after you register below.

NOTE:  THIS IS A MUST-HAVE STRATEGY IN YOUR TOOL-BOX, AND YOU DON'T WANT TO MISS THIS

WHAT WE WILL COVER:

  • What does Buying Houses "Subject to" the underlying mortgage mean?
  • What are the risks, and how can they be avoided?
  • What are the risks to the seller?
  • Explaining Subject-to to a seller - the truth
  • Conversations with sellers - Setting expectations for success
  • What to do "IF" the lender calls the mortgage due
  • What makes a good “Subject-To” deal?
  • What makes a bad “Subject-To” deal?
  • What are the advantages of buying "Subject-To" - Why buy houses this way?
  • What are the disadvantages of buying "Subject-To" - should you use this strategy?
  • What kind of homeowner will consider selling "Subject-To"?
  • What kind of properties can you buy using this type of transaction?
  • What is your BEST exit strategy?
  • What can keep you awake at night?
  • What is a Forbearance: is it a deal killer?
  • Three-day right of rescission: should you use it?
  • Will the seller close? Getting your Subject to deal to closing
  • Reputation management and assignments
  • The three-day right of recession - use it or not?
  • What not to do
  • And much more....

A NOTE ABOUT THE SPEAKER: Tim has been buying houses for 24+ years, many of them "Subject-to", and has learned a trick or two about "successfully" buying and selling houses with no money and taking over the mortgages.  Tim has been teaching this topic for many, many years, so you don't want to miss it if you are interested in this strategy. He has also created a course available for purchase and download in the group Store.  Members purchase at a discount, so become a member first to get the best price on the workshop.

EVENT SCHEDULE - 

8:15 am - Check-in /Networking / Grab a Coffee and Breakfast on us.

9:00 am  MAIN MONTHLY MEETING TOPIC - "Peeling Back the Onion: Understanding the details of a ‘Subject-To' Transaction."

9:20 am - Take-10 Networking Break w/Vendors

9:30 am -11:30 am - Main Meeting - Continued 

11:30 am - Hangout, network, and build lasting relationships

WHAT TO DO NEXT -

Step #1 - First-time Guests are free.e. Scan the QR Code below with your phone to register or scroll to the bottom of the page and click the "PRE-REGISTER" button and complete your registration. We also encourage you to send a Fre.e Guest Pass to a friend as well.

May 2024 QR Code

STEP #2—Once registered, click the "Add to Calendar" button to add this event to your calendar so you don't miss it. This will also include the address for the event.

STEP #3 - Now check your email for your Registration Confirmation Email. Check your spam and junk folders if you don’t see the Confirmation Email in your inbox.

👉 Invite your friends - Click the "Send a Guest Pass" button below. 👈

Invite your friends to join and become VIP members.  When they join, you will receive credit on your account. The more investors that attend, the more networking and relationships are created, and the more deals are made. 

ON SATURDAY MORNING - Park and enter TexasBank from the Hulen St parking lot.

The Subject-to Workshop is scheduled for 15 June 24 All-Day (9 am-3 pm), where we will cover the "how to" of a Sub-to deal i.e., how to find, prescreen sellers, market, analyze the deals, review real deals/case studies, and marketing to sell your Subject-To deals.

See Details of the "How To Buy Houses Subject-to With Little To No Money (the how) Workshop" scheduled for 15 June 24. 

(REGISTER NOW to take advantage of the Early Bird discounts)!

BONUS - PAST TRAINING AUDIO FILES - Register above for the workshop before 31 May and receive 9 Sub-to audio files to download and begin learning.

Check out the many testimonials from Tim's past Sub-to-workshop and those who have purchased the course from the group store.

 

We honor and appreciate our Veterans. Thank you for your service to this great country.

Special discounts are available to Veterans when you become a member.

military veteran, military discount, west dfw rei group

CLICK THE PRE-REGISTER BUTTON BELOW NOW!

                                 rei blueprint  

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Date:
Saturday, May 4, 2024
Time:
8:30 AM - 11:30 AM
 
Members:
Free
Non-Members:
$25.00

First Time Guests:
FREE
Location:
Texas Bank Mortgage
4521 S. Hulen Street, Suite 200
Fort Worth, TX 76109
Google Map

Register Below:


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