is subject to something that you see on our logos, something that you see on our website,

something that you see on our Facebook group, Creative Finance with Pace Morby and Friends.

We talk about subject to all the time and what's so funny is that somebody asked me today,

hey, what's the name of today's episode?

And I said, oh, it's, we're just going to ask the question, or we're going to answer the question of what is subject two or what is sub two.

And they're like, really? You're going to talk about that? Like, who needs to know what subject two is? And I said, ironically, somebody actually asked me that today on my Instagram. It literally was,osted it was such a good question um let's see where is it boom boom boom boom it's too good it's too

good to even be sure that it was asked today um but joining sub 2 this week while you're waiting

to pull that up.

I love that.

So subject to real estate, let's answer it really quickly and I'll even see if Cody can explain this.

He never ever has to explain this, but subject two is a strategy, one of multiple strategy of acquiring control of a property.

Okay, it's a strategy to acquire control of the property because just because I bought something

subject to doesn't mean I actually have to own the property, which is interesting.

Okay.

It is the process of buying a home without having to qualify, without having to assume the loan,

without having to show bank records, tax records, proof of funds, or anything really.

What you're doing in Subject 2 is you are taking over somebody else's

existing debt and you are taking over the property.

So what happens in a Subject 2 transaction is somebody owns a house.

That house has a mortgage to Wells Fargo.

You, the buyer, instead of paying off that mortgage to Wells Fargo,

you simply take ownership of the property by transferring the deed or the certificate of

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