Many new investors find it hard to believe a homeowner will give you the deed to their house. This month we'll cover the Pro's and Con's of Buying Houses "Subject-To" the underlying mortgage remaining in place and The Pros and Cons of Taking The Deed. We'll go over some of the things to consider for you and the seller, before executing this type of transaction. THIS IS A MUST-HAVE STRATEGY IN YOUR TOOL-BOX.
Some of what we’ll cover:
- - What does Buying Houses "Subject-To" the underlying mortgage mean?
- - What makes a good “Subject-To” deal?
- - What makes a bad “Subject-To” deal?
- - What are the advantages to buying "Subject-To"
- - What are the disadvantages to buying "Subject-To"
- - What kind of homeowner will consider doing this?
- - What kind of property can you buy using this type of transaction?
- - What are the risks to you?
- - What are the risks to the seller?
- - What are your exit strategies?
- - What to do "IF" the lender calls the mortgage due
- - What can cause you to lose sleep at night?
- - Closing “Subject-To” deals
- - Setting expectations for success
- - What not to do
- - And much more....
MEETING AGENDA -
0815 - 0900 - Registration / Check-in / Breakfast / Networking / Time w/Sponsors
0830 - 0845 - NEW ITEM ON OUR AGENDA - Guest & New Member Benefits Orientation w/Tim
0900 – 1130 - Meeting/Class Time
1130 - Networking
What To Do Next To Get Registered For This Event-
Notice we have launched our new site www.WestDFWREIGroup.com so please be sure to follow the new instructions below for Registering for our Monthly Meetings.
STEP 1 - Click the blue "REGISTER NOW" button above. If you're not a Member of the group you can create your FREE account HERE and then go to STEP 2.
STEP 2 - Then click on the “PRE-REGISTER” button and log into your account if not already.
STEP 3 - Click the "Add to Calendar" button in the bottom left corner of your screen to add this meeting to your calendar and your all set!
NOTE 1: Remember, Registering more than 48 Hrs in advance of the meeting and attending the meeting, earns you $5.00 REIA Bucks credit in your account.
Be sure to bring plenty of business cards, come early and enjoy the networking and building relationships which is the most important part of our meetings. Please be sure to share this event with your social media connections as well and bring a Guest for Free. If your guest becomes a paid Member also you earn additional REIA Rewards Bucks in your account.
We provide a light breakfast and coffee
First-time attendees attend at no-cost with the Free Guest Pass HERE.
NEW MEMBERSHIP BENEFITS PROGRAM AVAILABLE
Membership has it's benefits with the West DFW REI Group. To learn more about the many new benefits of being a paid member of the West DFW REI Group, please visit HERE and scroll down to review all the benefits or, you may also watch this Short Video on ALL the Member Benefits you receive when you become a Member with the WDFWREIG.
Create your free account HERE.
P.S. Pre-Register for the 19Oct19 ALL-DAY Workshop HERE and get the Discounts BEFORE 17Oct19
Tim & Michelle
www.WestDFWREIGroup.com
Create your free account HERE
Come Network, Learn, & Do More Deals!
(817) 599-8058