Hey guys, Pace Morby here. Welcome to Wholesale Hotline Podcast. Today, we're going to be talking about

wholesaling and how you can get started. But I want to tell you, wholesaling is not just an amazing

way for you to get started in real estate, but you can also build cash flow and build a portfolio

in the process. Today's episode, you will walk away with tremendous notes. And I want you to remember

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hey face hey victoria hi how to go really good i just coached him along on how to talk to his underwriter to get the deal done.

I've never seen a deal not get done after I talked to the loan officer and coach him along with talking to his underwriter.

Perfect. So I mean, it's a, I guess a possibility that this would be the first time I've ever seen it.

But he's like, I just need to talk to my manager, which is always the case. And they always need to talk to their underwriter because that's the person as you know who actually makes the decision behind the scenes. Exactly. Yep. So. And the fact that we've done one before, you know, and this is really good if this is our second one because

this is my go-to lender and he makes things happen that other people can't got to

he's amazing yeah he really works hard so thank you so much of course of course so

what I told them just to give you a little bit of back information,

so you're equipped, is I told him that there's two ways that we go about doing this and which way

we go is dependent upon how simple he wants to keep it for his underwriters' brain.

Okay.

Underwriters don't know what subject to is. And so obviously I'm being very transparent in letting them know, yes, I'm buying it subject two and yes, I'm taking the deed. And obviously people that are new to the business think that we're trying to hide stuff, we definitely are not trying to hide anything. I'm just blatantly telling people, I'm taking over the deed, we're buying the house subject two, we're going through a closing attorney, and I'm making the payments on behalf of the seller whose name is going to stay on the mortgage. Now,

for underwriters that are brand new to that concept, I will suggest to the loan officer,

let's do a lease option. So what I would do with Robbie, your client, is I would actually

purchase his property on a lease option.

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