Pitching SubTo Part2: Paint the Picture #realestateinvesting #wholesalerealestate #sales #deals

Name: Pitching SubTo Part2: Paint the Picture #realestateinvesting #wholesalerealestate #sales #deals
Uploaded: 2024-01-11T01:20:56+00:00
Duration: 58 s
Channel: Jake Burhans
Description: In this segment of the SubTo (subject‑to) pitch, Speaker A proposes a creative financing structure to a homeowner. The proposal suggests taking over the…

11 Jan 2024 · 1 min

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In this segment of the SubTo (subject‑to) pitch, Speaker A proposes a creative financing structure to a homeowner. The proposal suggests taking over the property for $380,000 and providing the seller with a steady monthly income—potentially $1,500‑$2,000—over a period of 5 to 10 years, thereby giving the seller an alternative to waiting for disability benefits or a pension. Speaker B interjects, indicating a plan to wait two years before selling the house, suggesting a timeline consideration for the seller’s decision. The dialogue highlights the mechanics of seller‑financing, the flexibility of payment terms, and the seller’s timeline preferences.

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Now I'm just planting a seed. I'm not saying you should do this or you shouldn't do it, but I'm saying if we can do that, right? Take it over at $380,000 and then we can give you a monthly payment every single month. That's— I don't know how much it is. That's why I'm saying, what is that number? Do you need $2,000 a month? What if we could sell the house in a way that you're able to get an income stream, right? Whether it's $1,500 or $2,000 over the next 5, 7 years, 10 years, whatever you need. Right. That way you would have a steady income stream. You would not have to wait for your disability. You wouldn't have to depend on the pension. It would all be from the sale of the house. So that's a potential option for you with selling this, right?
We're going to wait 2 years to sell the house. Because they're going to say, okay, I can get this house right here. We can do this. We can actually