Many real estate investors avoid Subject To deals because they seem too complicated or advanced, but with Dwan’s help, you can master them in no time. This episode of The Most Dwanderful Real Estate Podcast Ever describes an overview of the Subject To process and Dwan gives listeners some crucial things to keep in mind before taking on a Subject To deal.
As with all of our real estate investments, our goal is to help the homeowner who is in distress and about to lose their home. With a Subject To, you find a homeowner who has a house in really good condition, a fixed mortgage, and a low interest rate and you have them deed the house to you, while their name remains on the mortgage. You can either live in the house or make it a rental, but you make the monthly mortgage payments for about 5 years before refinancing. This will help build up the original homeowner’s credit and make it easier for them to get a new home loan down the road.