According to Jay, a subject-to-existing note means, there is a mortgage on the house. The seller is agreeing to sell their house, transfer the title, deed, and ownership to a buyer but the mortgage of this house is still under the seller’s name. While the buyer is agreeing to keep the seller’s monthly mortgage current.
Now, you will ask yourself, who in the right mind would agree to this kind of strategy. Watch this video to find out!
Click on this link to watch the full video: https://youtu.be/5kkel9Xo6-k
Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/
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Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
What is Real Estate Investing? Live Cashflow Conference
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