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Can You REFINANCE Subject To Deals? 

Pace Morby
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11 окт 2024

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Комментарии : 41   
@JoshCorby18
@JoshCorby18 2 года назад
Thank you so much Pace. God Bless you and yours 🙏🏻
@colemanedwards740
@colemanedwards740 2 года назад
I love it! The only questions I have are what debt servicing companies are out there that will knock off the debt from the seller's credit report? And how is the seller protected against you not making payments on the debt in their name? Thanks Pace!
@PaceMorby
@PaceMorby 2 года назад
Coleman. Great questions! Here's a Creative Tip Pace episode that explains it in depth: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-a4rNsU99XCE.html Also, join the free Facebook group and make a post about your market! shor.by/Si74
@LiamLiam15
@LiamLiam15 2 года назад
Pace is an amazing mentor/teacher! Thank you Pace!
@edgonzalez186
@edgonzalez186 2 года назад
I hate "fanboying".... But I am a "fan" of this man!
@PaceMorby
@PaceMorby 2 года назад
Ed. Appreciate the support bro!
@rae08
@rae08 2 года назад
Your a beast Pace!!! Thank you so much. New subbie 🤎
@gerardoduran9066
@gerardoduran9066 Год назад
Always great wisdom from the master of creative finance.
@paulthompson8642
@paulthompson8642 2 года назад
Love these
@russcali4138
@russcali4138 2 года назад
Great info !
@danielcamargo5785
@danielcamargo5785 2 года назад
Wow what a great analogy
@troyasims1
@troyasims1 2 года назад
Pace, Thank you for sharing. I have a property deeded to me with the mortgage still with the Grantor. My lender I use for other projects is spending more time concerned with "why" the mortgage is still in the Grantors name. Are you able to share lenders you have used in the past that is familiar with refi's on Sub-To or can you recommend verbiage to use when I talk to my lender? Thank you in advance for your attention...
@bradypettit7366
@bradypettit7366 2 года назад
Hey pace, love the content! Wondering if you have a video that could answer my question. I’m trying to see if subto deals can accomplish the same goal as the BRRRR method…. Basically wondering if you got a property locked up with sub to , that needed some rehab in order to command a higher market rent…. Is there a way that after you rehab the subto property, you could get the refinanced loan with now a higher appraisal value and now the new refi loan enables you to get your rehab money back so you can do it again on the next subto?
@PaceMorby
@PaceMorby 2 года назад
Hey Brady! I have two videos that compare creative finance and the BRRRR method: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-1mU0EObq6rk.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-CpyG56M6O6w.html
@downnorthmusic
@downnorthmusic 3 месяца назад
So if I own the title or deed can I get a new loan again it or do I have to first pay off the previous loan is there a way that I can have both loans
@amp7816
@amp7816 3 месяца назад
In a "subject-to", what if there is a 2nd position mortgage that is substantially higher than the first, could the new owner refinance the 2nd mortgage only without affecting the 1st? Or would the entire mortgages need to be refinanced? How would a lender view that?
@brendanlyons3688
@brendanlyons3688 2 года назад
Pace could do a 6 min video explaining space travel and I'd go buy a SpaceX rocket the next day. With somebody else's money ;) #TEACHER
@derekmitt23
@derekmitt23 Год назад
Question , I'm looking at a property that needs some repairs that seller isn't finishing (Bathroom+2) and will need paint and flooring and cosmetics for the hole house. I was thinking sub2 with hard money for repairs. Then do a cashout refi to pay hard money back and use whats left for next deal. Does this sound like a strategy that would work, and can a LLC do a cash out refi? I heard somewhere that lenders wont cash out refi LLC's.
@mOoBrownies
@mOoBrownies 2 года назад
Mind blown 🤯
@chasedreamhomes4502
@chasedreamhomes4502 2 года назад
The property is the collateral for the original loan. How can it also be collateral for the refi? What lender would be willing to do that?
@PaceMorby
@PaceMorby 2 года назад
Bro, ask this question live on Sunday Service. Join me on Sunday at 5 PM AZ time. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-N-rt3wmoCps.html
@chasedreamhomes4502
@chasedreamhomes4502 2 года назад
@@PaceMorby sounds good I’ll be there
@kavehjafarabadi2843
@kavehjafarabadi2843 Год назад
@@chasedreamhomes4502 did you get the answer to your question?
@chrisislas1838
@chrisislas1838 2 года назад
Now why can't everything just be in Laymans term? That was, in three words, Excellent! I would be Hog Nasty RI$H by now.
@myhouse-yourhouse
@myhouse-yourhouse Год назад
How about Heloc? Because you donot want to refinance if you got a low rate with sub to?
@connorleary
@connorleary Год назад
Did you ever find your solutions?
@phonesangaphayarath7326
@phonesangaphayarath7326 Год назад
thanks u pace
@discokillers8674
@discokillers8674 2 года назад
Perfect 👍
@flashoflight8160
@flashoflight8160 2 года назад
You’ll give me 10% down payment for the groceries but how do I know you’ll pay my credit card? This doesn’t quite work for me as a seller but it works great as a buyer.
@mariobacilio4004
@mariobacilio4004 Год назад
Deed in Lieu is how.
@TrentWright-sd3qu
@TrentWright-sd3qu 3 месяца назад
Cant find anything about 1031 exchanging a sub to deal
@TrentWright-sd3qu
@TrentWright-sd3qu 3 месяца назад
What about 1031 exchange ??????????
@JacksonMoon
@JacksonMoon Год назад
When you refinance and pay off the old loan from the original seller will the title now be completely yours?
@JohnKaiYang
@JohnKaiYang 11 месяцев назад
The title is under your name whether you paid off the seller's mortgage or not.
@thechubbsjochez
@thechubbsjochez Год назад
Can you get a heloc from a subject tp
@anthonywilliamson7049
@anthonywilliamson7049 2 года назад
Again, WOW
@TechnologyTrendHassan
@TechnologyTrendHassan 2 года назад
Your content is good but giving pain that’s way I stopped please fix it
@TechnologyTrendHassan
@TechnologyTrendHassan 2 года назад
Hey bro please change your mic 🎤 or please edit your audio cos your voice giving me headache 🤕
@PaceMorby
@PaceMorby 2 года назад
Noted, bro.
@yurrr4338
@yurrr4338 Год назад
Pace I love you bro. Changed my life. Joining subto soon sub✌️
@PaceMorby
@PaceMorby Год назад
Thank you brother!
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