Grant Trevithick Real Estate Pro Tips

  A subject-to contract is a type of real estate purchase agreement that allows the buyer to purchase a property while the seller is still in the process of paying off their mortgage. This can be a great option for buyers who are looking to save money on closing costs or who have difficulty getting approved for a traditional mortgage. To purchase a home using a subject-to contract, you will need to find a seller who is willing to sell their home on this basis. Once you have found a seller, you will need to negotiate the terms of the contract. The contract will typically include the purchase price, the closing costs, and the deadline for the seller to pay off their mortgage. Once the contract is signed, you will need to obtain a mortgage commitment from a lender. The lender will need to be comfortable with the fact that the seller is still in the process of paying off their mortgage. If the lender approves you for a mortgage, you will then be able to close on the property. There are...

  I was standing with Julie. We were in the living room of her 3-bedroom rental property, discussing options to help her sell this house. This was the house she thought would produce income to help her take care of her son. Her son had autism, and she decided to buy rentals to create income and flexibility to take care of him. She found that owning rentals was hard, and she was having trouble getting it to cash flow. She had other rentals, too, and thought she might start defaulting on loans if she did not sell them fast! I ended up buying two rentals from her with owner financing. This strategy took much of the risk out of her rentals and provided some much-needed relief. I was able to add two rentals to my portfolio with nothing down and no bank qualifying. This was a perfect win-win situation. What Is Owner Financing? Owner financing can mean many different things, but at its core, it is simple. Owner financing is when the owner of a home participates in financing the buyer. It ...

Howdy, folks! I'm Grant Trevithick, a passionate real estate investor, and I'm here to share the incredible journey of finding and owning my dream home in the vibrant city of Dallas, Texas, using owner finance. But that's not all; I'm also going to tell you how I transformed this investment opportunity into a rewarding experience by selling the property to an interested buyer. So buckle up and join me on this exciting ride, filled with optimism and opportunities! As a seasoned real estate investor, I'm always on the lookout for innovative ways to secure properties and make the most out of them. When it came to finding my dream home in Dallas, owner finance stood out as an attractive option. The flexibility and potential for creative financing arrangements made it the perfect fit for my goals. To kickstart my journey, I dove into the treasure trove of knowledge on my very own website, ownerfinanceacademy.com. This comprehensive resource provided me with valuable in...