🤔 How to buy real estate with a bad credit score #creativefinancing #realestateinvesting #subjectto
Summary
Sean Pan explains how to purchase real estate with bad credit by using "subject to" strategy, which involves taking over the seller's current mortgage and allows you to buy more real estate without getting a loan yourself. Banks usually don't care as long as payments are being made; however, they have the right to ask for the entire balance back at any time with something called the "due on sale" clause.
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