What happens for the title in a subto deal? Does the seller keep the title or does the buyer keep the title? if you want to buy the car sub to and then sell it sub to
Oh my freakin’ gosh!!! I’m just watching this video and I went to look at a truck today with seller financing in mind! When I work out the deal, you’re gonna love my story and how it all get structured. #StayTuned. 😃
@@chrispaguada6863 we had that storm in florida come through my area; so, we haven't been able to discuss and/or strike the deal...partly because the seller also used the truck to help out with the cleaning of the storm aftermath (chuckle). Nonetheless, stay tuned. You'll see the thumbnail indicating it gone. Have your popcorn on deck. I'm meeting with the seller tomorrow.
Perfect! I love how you guys upfront answered every comments questions and objections! If anyone has an issue with this video then you probably weren’t paying attention
Hi Pace, can the same Seller Finance Contracts you provide (Bill of Sale, Promissory Note, security agreement and assignment of rents) use in case I am the buyer of a sub to car from a person that still has a loan on it and I’ll take over payment or is it different type of documents. Because you mentioned you would post a video for the KIA documents you used with Sean St Clair but never did. So just wanted to know if I can use the same documents as seller finance to buy car sub to or if you have different format doc that you please share to me. Thanks really appreciate your content.
I'm in North Carolina and actually would like to do this with my motorcycle... So my understanding is: 1) Have myself (seller) and buyer fill out the contract with the info 2) Have a possible Notary witness/sign (optional on contract) 3) Have the buyer: 1. Set up their Bank info to make payments to the bank with the lien 2. Have them Register the motorcycle in their name with tags etc. 3. Have them insure themselves and myself as primary and secondary 4) Then I remove my insurance Am I missing anything? Is the paperwork just for our personal records? What happens after this gets off, do they send it to me still? Any answers to these will be appreciated!
Okay, I did this in the 80's in California they called it "TOP"... A guy in California charged $10 and told you where to get the forms, how to completed the form and etc...
Why is the market "soft"? Bidenomics, baby!! C'mon, man! Great video, guys! Really appreciate it. This has openned my eyes. Suddenly, opportunity knocks.
You’re explaining the benefit to you but its all negative… why not just go buy from dealership and your payments less then buying from him? I dont get it
@@PeterPan-wp9sr his rates 5% already whats one point of interest? Youre telling me pace cant go into a dealer with his net worth and credit and get a new caddy with under 5%? Not enough savings.
Pace did not have his credit pulled, no bank statements, job history required, no DTI, lower if no down payment. Just because you don't understand it doesn't make it a bad deal. We are buying homes left and right with this same Pace method and all parties win.
@@PaceMorby First, Love all your videos :) I was meaning Mr. Grant. Buying that an expensive car with only 10K down and that rate. The depreciation these cars have is crazy. ( I made my fair share of bad decisions buying brand new cars 🤦) For you as the buyer on creative 👍
Def not 50k your exaggerating lol. I just bought a 2017 older body for 41k with 67k and had to wait months to get a good deal. The new body is at least 85k
