Learn how to buy a house "subject to" the existing financing

You will learn what it means to buy a house "Subject To" the existing financing. How title can change and the mortgage is still in the name of the seller and briefly touch on the "due on sale clause"

You will learn how simple and easy it is to set up your office and the free resources for you to utilize in your business.

You will learn that you need a team of Real Estate Professionals typically a real estate attorney, a real estate agent and a Mortgage Broker to assist you with the process of buying, closing and reselling houses when you acquire them "Subject To"

You will learn what to look for in a Mortgage Broker. How to locate and prescreen to make sure than can work with buyers interested in qualifying for a FHA backed mortgage.

Learn why you are really in the Marketing business and not the Real Estate business. You will understand that the phone must ring in order to do deals and I will provide the 3 most simple ways of marketing if time is at a premium and you can afford a few hundred dollars for marketing.

The yellow letter technique started a little over 10 yrs ago and is still running strong as the top direct mail marketing method. Users typically see a 10% response rate but can be costly to implement effectively so utilize this after steady success with bandit signs.

This is an underground yet simple to implement way to find deals without paying an upfront cost. Use other peoples efforts to your benefit by making deals out of leads they normally would throw in the trash.

Students will learn how to take and pre-screen calls from people responding to your marketing(bandit signs or yellow letters) to separate the suspects from prospects. Hint...prospects are motivated sellers and NEEDS to sell not just WANT to sell. You should be on the phone 5 mins or less following a script and completing the Lead Property Information Sheet.

Student's will learn what questions to ask before setting the appointment to meet the motivated sellers and viewing the house. Making sure all decision makers are present and are agreeable to getting some of the paperwork (you only need 2 documents) out of the way if they like me and my price or terms. Also, what to do if they bring up objections at the last minute.

Students will understand how to complete a standard purchase & sales agreement like a professional. You don't want to appear confused when you are filling it out in front of the sellers. I recommend practicing until you can fill it out in 5 minutes or less. I included a copy of this agreement which can be used in all 50 states.

In this lecture I show you how to complete an Authorization to Release Information form. Afterward you want to fax to the mortgage lender to verify and up to date payoff, monthly payment and mortgage status.

In this lesson you will learn what documents you need to forward to your Real Estate Attorney to check title and to prepare for closing.

In this lecture I cover what additional documents to forward to your real estate attorney to review. They include the seller's disclosure (CYA), Warranty Deed, Limited Power of Attorney and Escrow letter. Negotiate a flat fee closing of no more than $1000 and have the end buyer cover all the closing costs.

This lecture includes a brief recap of previous documents and an intro to the seller's disclosure and why it is used to outline what your intent is and that you are not making elaborate promises.

This lecture included a step by step demonstration of how to complete the seller's disclosure. I have included a copy of the seller's disclosure available for download.

In this lecture we will cover how to complete a Warranty Deed and actually take title of a property. I usually recommend that you have your real estate attorney complete the Deed but I believe every professional real estate investor should know how to complete a Deed in case of emergencies or in the absence of an attorney.

In this lecture we will cover step by step how to complete a real estate specific or limited Power of Attorney. I have included a blank copy for you to download.

In this lecture we will cover 2 ways of handling the home owners insurance when buying Subject To using the limited power of attorney.

You have to modify your sales process depending on if the house is vacant (ideal) or occupied. Typically vacant houses allow for a quicker sales process. I discuss what to do in either situation.

In this lecture I provided a sample craigslist to drive calls from potential tenant buyers. This is the same type of ad that I use IMMEDIATELY after I get a house under contract from a seller. I recommend using a google voice number unless you don't mind get calls throughout the day. Use it, It works!!!

In this lecture I explain how to market a house for sale with owner financing using bandit signs. It is a powerful marketing technique and will aid in a quick sale.

In this lecture I explain owner financing. I discuss what documents are needed to close when selling with owner financing. I also explain which real estate professionals you should have draft these documents and close the deal.

In this lecture I explain what a Lease Option is and how it works including the advantages and disadvantages when selling a property,