The Last Explanation Of Subject To You’ll Ever Need -- LIVE Seller Call | Flipping Mastery Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 8 August 2024
⏱️ 16 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline (Flipping Mastery Edition) Jerry is back with a fantastic break down of subject to (it may be the last one you'll ever need).
Show notes -- in this episode we'll cover:
- The best options for sellers in a challenging real estate market slowdown.
- Jerry breaks down the financial dynamics of taking over an existing mortgage.
- Why creative financing can (almost) always facilitate a win-win property sale.
Please give us a rating and let us know how we are doing!
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. |
| 0:04.2 | Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:07.9 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:17.7 | He filled me in a little bit, but maybe you could tell me what you've got something going on where you're going to be relocating for work out of state, correct? |
| 0:25.3 | Yeah, so I took a job. It's requiring me to relocate to the South North Carolina, Tennessee, all the way down to Florida is my full territory. So about 12 states. And I'm required to be down there. So unfortunately, |
| 0:38.9 | I won't be able to stay in Michigan. If I was allowed to stay in Michigan, I'd definitely |
| 0:43.0 | stay in this house, but it just doesn't work out. Okay. And you bought this with a VA loan, |
| 0:48.8 | correct? It was simply a conventional loan at the time. And you put some money into it. |
| 0:54.4 | I saw some pictures. |
| 0:55.4 | You've done some renovations. |
| 0:56.6 | Is that right? |
| 0:57.6 | Well, we saw the place we liked the layout of it, but we just didn't like the color |
| 1:02.2 | and some of the features of what was actually in it. |
| 1:05.2 | So we touched every wall with something new. |
| 1:08.2 | Whether if it was new paint, we actually remodeled some things, actually |
| 1:11.9 | repositioned the entire bathroom. |
| 1:14.4 | So it's a full master. |
| 1:15.9 | If you've seen those pictures, a full gut there, full gut in the kitchen, all new |
| 1:20.6 | flooring, everything. |
| 1:21.8 | Yeah, it looks nice. |
| 1:22.9 | Yeah, definitely looks really well done. |
| 1:25.3 | Thanks. |
... |
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