can you buy condos subject to existing mortgage-real estate

can you buy condos subject to existing mortgage-real estate

Did you know you can buy condos with the Subject To real estate strategy as well as houses. That's where we simply buy the property but keep the loan in place in the seller's name. I'm buy this property with NONE of my credit, not turning in my tax returns, no filling out a bank application or even having a down payment. Today let's break down the numbers on this condo to see how we take over the existing mortgage from the home owner. We'll go over the purchase price, the renovation and the profit. Then we'll go visit the property so you can see the condition inside and out. See the repairs that are needed in order to bring it up to ARV, After Repair Value.

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👉Download my Subject To Ninja Negotiating Audio training below for FREE:
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00:00- Intro
1:30 - What is Subject To in real estate
2:50 - How do you negotiate a Subject To deal
3:32 - Let's go over the numbers on this real estate flip
5:41 - How to get started investing in real estate w/ Foundations
7:49 - Let's inspect the neighborhood, surrounding area & the building
10:30 - What repairs are needed on this condo
12:06 - Walk through the kitchen
14:15 - What repairs are needed in the bathrooms

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#howtobuysubjectto, #whatissubjectto, #subjecttohousebuying
https://youtu.be/t-SHME703Wo
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