00:00 🏠 Before diving into subject-to investing, ensure the deal's viability by assessing property value, existing loans, title issues, payment status, and potential management needs. 02:32 💰 Plan your exit strategy: Consider cash flow, equity, and potential resale options for profitability in the short or long term. 04:37 📜 Understand "due on sale" clauses in mortgages, which may allow lenders to demand full loan repayment upon title transfer. Explore exceptions and prepare for potential challenges if lenders call the loan due. 07:19 🛡 Address insurance concerns when title transfers-existing policies become void, necessitating new coverage. Be cautious about lender requirements and explore solutions to manage insurance complexities in subject-to deals.
@@freedom_mentor AWESOME FANTASTIC. I APPRECIATE YOUR PROMPT RESPONSE MR. PHIL (BLESS YOU , YOUR TEAM & LOVED ONES IN THIS HOLIDAY SEASON 🙏) 👍👍🤝🙋🏻♂️☮️
Phil is the goat. At real estate investing, I wouldn’t say he is the goat at making UA-cam videos. His new man is much easier to listen to. Thanks for everything Phil!
Another option is to obtain easement rights to the property. I do not recommend this for anything other than a last-ditch effort as it's pretty much being a bully and can definitely jeopardize ones network and credibility. Great list of considerations Thanks Brian
Every successful Subject To investor has a mentor. Get yours here: www.freedommentor.com/apprentice
Phil Pustejovsky......The Unsung Legend !!
Thank you! Appreciate the love.
The insurance piece is tricky and rarely talked about
Absolutely! Are you actively investing in real estate?
00:00 🏠 Before diving into subject-to investing, ensure the deal's viability by assessing property value, existing loans, title issues, payment status, and potential management needs.
02:32 💰 Plan your exit strategy: Consider cash flow, equity, and potential resale options for profitability in the short or long term.
04:37 📜 Understand "due on sale" clauses in mortgages, which may allow lenders to demand full loan repayment upon title transfer. Explore exceptions and prepare for potential challenges if lenders call the loan due.
07:19 🛡 Address insurance concerns when title transfers-existing policies become void, necessitating new coverage. Be cautious about lender requirements and explore solutions to manage insurance complexities in subject-to deals.
Thanks for contributing to our channel.
Hey Phil I have a question for you , is Subject To considered flipping , or what would this strategy be considered ??🤔
You can flip a deal you acquire with Subject To or you can hold onto the property long term as a rental.
@@freedom_mentor AWESOME FANTASTIC. I APPRECIATE YOUR PROMPT RESPONSE MR. PHIL (BLESS YOU , YOUR TEAM & LOVED ONES IN THIS HOLIDAY SEASON 🙏) 👍👍🤝🙋🏻♂️☮️
Where's Phil? I was going to ask him if it's till always the right time to buy real estate?
It's always the right time, if you buy right.
Phil is the goat. At real estate investing, I wouldn’t say he is the goat at making UA-cam videos. His new man is much easier to listen to. Thanks for everything Phil!
Where's Phil!?
Getting help from my team. I'm still right here :)
@philpustejovsky I can't speak for others but miss your personality and tempo!
Another option is to obtain easement rights to the property. I do not recommend this for anything other than a last-ditch effort as it's pretty much being a bully and can definitely jeopardize ones network and credibility.
Great list of considerations
Thanks Brian
You're welcome!
You're doing great! Thank you for stepping up and teaching, this channel is now twice as great thanks to you!😁
Much appreciated!