19 min
Ep. 113 - How To Think Outside the Mortgage Box The Art of Winning
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- Entrepreneurship
In today's episode, Ashton is coming to you from the beautiful Playa Conchal, Costa Rica, where he and his family have just made a move that involves a unique real estate strategy. Imagine buying a property without dealing with banks or high-interest rates – that's exactly what we're delving into today. Have you ever wondered how to acquire real estate without traditional financing? Well, we've got a game-changer for you: the subject-to-method. Join Ashton as he explores the ins and outs of this intriguing approach to property acquisition.
We start by uncovering what exactly the subject-to-method entails. Essentially, it involves purchasing a property while leaving the existing mortgage in place. No need for a new loan, no traditional financing hurdles – just creative strategy. By embracing this method, you can potentially save on interest rates, avoid the hassle of securing a new mortgage, and create seamless transactions that benefit both buyers and sellers. From understanding the legal and ethical aspects to learning how to mitigate risks and challenges, we'll guide you through every step of the process.
Throughout the episode, Ashton shares success stories and provides answers to common questions about the subject-to-method. Whether you're looking to break into real estate investing or seeking alternative strategies in a challenging market, this episode is a must-listen.
To learn more about Ashton, listeners can visit his website at Valkere Investment Group!
[00:00 - 16:49] Exploring the Subject-To Method
Ashton discusses the subject-to method for buying properties, which involves retaining existing financing terms. Subject-to is useful for low-interest environments, benefits those with credit challenges, and bypasses traditional financing. Buyers assume payments and responsibility, while sellers maintain ownership but face credit risk if payments are missed. Thorough research, negotiation, and legal advice are crucial; ethical considerations and property diligence are essential. Risks include potential due-on-sale clauses, but communication, contingency plans, and property management can mitigate them. The subject-to approach can provide favorable financing terms, increase cash flow, and help investors enter real estate markets strategically.
Connect with Ashton!
Website: Valkere Investment Group
LinkedIn: Valkere Investment Group
Want to learn more about creating multiple income streams, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn, or wherever you get your podcasts!
Key Quote
"One of the most significant advantages of the subject-to-method is that buyers do not need to qualify for a new loan. This is especially beneficial for individuals with less-than-perfect credit scores or those who may struggle to secure traditional financing.” –Ashton Levarek.
In today's episode, Ashton is coming to you from the beautiful Playa Conchal, Costa Rica, where he and his family have just made a move that involves a unique real estate strategy. Imagine buying a property without dealing with banks or high-interest rates – that's exactly what we're delving into today. Have you ever wondered how to acquire real estate without traditional financing? Well, we've got a game-changer for you: the subject-to-method. Join Ashton as he explores the ins and outs of this intriguing approach to property acquisition.
We start by uncovering what exactly the subject-to-method entails. Essentially, it involves purchasing a property while leaving the existing mortgage in place. No need for a new loan, no traditional financing hurdles – just creative strategy. By embracing this method, you can potentially save on interest rates, avoid the hassle of securing a new mortgage, and create seamless transactions that benefit both buyers and sellers. From understanding the legal and ethical aspects to learning how to mitigate risks and challenges, we'll guide you through every step of the process.
Throughout the episode, Ashton shares success stories and provides answers to common questions about the subject-to-method. Whether you're looking to break into real estate investing or seeking alternative strategies in a challenging market, this episode is a must-listen.
To learn more about Ashton, listeners can visit his website at Valkere Investment Group!
[00:00 - 16:49] Exploring the Subject-To Method
Ashton discusses the subject-to method for buying properties, which involves retaining existing financing terms. Subject-to is useful for low-interest environments, benefits those with credit challenges, and bypasses traditional financing. Buyers assume payments and responsibility, while sellers maintain ownership but face credit risk if payments are missed. Thorough research, negotiation, and legal advice are crucial; ethical considerations and property diligence are essential. Risks include potential due-on-sale clauses, but communication, contingency plans, and property management can mitigate them. The subject-to approach can provide favorable financing terms, increase cash flow, and help investors enter real estate markets strategically.
Connect with Ashton!
Website: Valkere Investment Group
LinkedIn: Valkere Investment Group
Want to learn more about creating multiple income streams, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn, or wherever you get your podcasts!
Key Quote
"One of the most significant advantages of the subject-to-method is that buyers do not need to qualify for a new loan. This is especially beneficial for individuals with less-than-perfect credit scores or those who may struggle to secure traditional financing.” –Ashton Levarek.
19 min