What is Subto? Subject to Real Estate Explained

How does Subto work? What is subject to in real estate? Can you get the property deed before you pay off the mortgage? In this training, we pull out the handy dandy whiteboard and break it all down for you…

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🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎

[hiramabiff]

I swear pace, king of sub 2. Jerry Norton king of wholesalng. My these guys is a blessing to earth

[SunShine-jqtl]

I luv how detailed you are with both your students and non-students

[jonathonwebb]

I don’t fully understand but I will as I listen to you!!

[tonyt]

Thanks for the content, really useful. As a seller it would really bother me that someone else is paying a debt in my name. How do you overcome that objection? I get it these sellers are motivated. A video detailing that objection and the methods to overcome it is important.

[cmmisc]

Jose!!! My guy!!! We met at a Karaoke bar on the Day 1 of SubTo Mastermind on November 2022 and he noticed my SubTo hat and interviewed me. What’s up bro!! Chino here. Remember, Pace Jr 😂

[VyWynn]

thank you so much for such a great breakdown/analogies!

[RaulMoradel]

I bought a house subject to, but I’m worried that I’m not on the insurance, and I don’t want to put myself on there because I’m concerned the lender will call the loan due. What should I do?

[pjohn]

how do you get your name on the title while you are making payments?

[markrowland]

Love how he interacts with real people!

[avicek]

this is how u explain a subject. thank u

[ROYALCLEMENTINALAQUEEN]

YOU ARE EXTREMELY GENIUS!!!! GOD BLESS YOU!!!❤️❤️❤️❤️💙💙💙💙

[markjerseydeep]

Got 2015 Honda accord with Seller finance with your method

No money down 🎉

[jessereck]

How do you have the title for the Kia if Ally is the lienholder?

[justinbradford]

This was a great explanation video Pace. Thank you

[omaconstruction]

I really like Subto; but, what if the seller says; i don't know you, how can i trust you to make the payments? They are still liable for the debt if you don't make payments.

[justdafacts]

What if you stop paying the loan after subject to? Does the debt fall on the original owner?

[racerx]

Question, if the original buyer of the Kia was under executory contract then how would you get the title, through Bill of sale and title transfer? Leaving the old title held for security "useless"????

[zvprjeg]

What if you don't pay the debt and the previous owner's name is still on the debt?

[marinarbekka]

I had a car on turo but it was too much to take and drip off at the airport cuz I needed someone to bring me home. So always took two people to drop off.

[Steezyloud]

Question @pacemorby How would you acquire the title in your example if you’re still paying off the car loan?
If there is a car loan the bank still holds the title?
How would you be able to get ahold of the title let alone put your name on it if the car loan has not yet been paid off and bank still holds title?