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794: Buying Houses with $100 Down and Creative Finance Secrets Most Don't Know

BiggerPockets Real Estate Podcast

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The Importance of Creating a Note

In traditional subject to, they don't have any source of income that they can come back and tell a lender, well, we don't actually make that $1,600 month payment. It makes it harder for them to go buy their next property or buy their next car,. The note is just the easiest, cleanest way to do it. But that note's not recorded against the property. So you did what entrepreneurs do. You solved a problem. I want to buy your health subject too. This is a thing that stops it. Now you're out there wrapping the real state rappers. Have you guys thought about calling yourselves WRAPs?

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