

The Sub2Deals Show
Sub2Deals.com | William Tingle
The Sub2Deals Show with Real Estate Expert and Author William Tingle was created to help both new and experienced investors to hone their skills in all aspects of creative real estate investing with a focus on buying property "subject to" the existing financing. Join William as he shares the knowledge learned in over 20 years of buying and selling the sub2 way.
Episodes
Mentioned books

Jun 3, 2019 • 17min
EP 009: How to Structure Your Sub2Deals
How to Structure Your Sub2 Deals What does a deal structure mean? How do you when to take a Sub2 deal or not? What should your exit strategy be? Deal structures can mean a lot of things. Deal structures mean how you figure out the numbers for your sub2 properties and what your exit strategy is. This is all connected to your property investment strategy. I'll tell how I now structure my sub2 deals, what numbers I look at and how I make my profits. Let me ask you, if you found a willing seller, who had a US$150,000 mortgage with a 4% interest rate and the property was worth US$170,000 would you take this deal or leave it? Is there anything you else you need to know before making a decision? Tune in and I'll share with you what I would do with this deal! In this episode, I share: What numbers to look out for before taking a sub2 deal. The 4 options you have when you buy a property subject to: seller financing, rent, lease option, and selling retail. The pros and cons of each option. How to assess which option will fit your exit strategy. Join us at our Facebook Group Sub2Forums to ask any questions you have about Sub2 Deal Structures. Curious about the group coaching with me. Visit our website for more details and to sign up today! Follow the Sub2Deals Podcast page on Facebook for updates on latest episodes. If you would like to learn more about subject to deals, check us out at Sub2Deals.com. Subscribe and leave a review on iTunes to let us know how you're enjoying this podcast!

May 20, 2019 • 21min
EP 008: What is a Land Trust?
What is a Land Trust? Why should you buy properties through a land trust? And are they illegal? If you're new to property investment or even an experienced property investor, Land Trusts may be an unknown to you. So I'll share with you what a Land Trust is, a bit of the history behind it, and why I use it as much as I can. In fact in the past 20 years I've bought 500 properties and close to all of them through Land Trusts. So if they're illegal how did I get away with it? Well, it's actually because they are not illegal! It's just that many people know little about them including many lawyers! I'll tell you about all the advantages and disadvantages of a Land Trust and why I've relied on them for my property business. In this episode, I share: 8 Advantages of Land Trusts. 6 Disadvantages of Land Trusts. Answers to a few common questions about Land Trusts. Why I use land trusts for my Sub2Deals. If you would like to learn more about Sub2Deals, check us out at Sub2Deals.com. You can join us at our Facebook Group Sub2Forums to ask questions you may have about Land Trusts. If you just want to dive straight in and get educated on Land Trusts here is the course I used to when I got started. If you enjoyed this podcast, please leave a review below and share it with your real estate investing friends using the links below! Want to know when the latest episodes are up? Follow us on Facebook at @Sub2Deals.

May 6, 2019 • 26min
EP 007: How to Find Sub2 Deals
You're a real estate investor or you're new to the property line. You've heard about Sub2Deals and you want to find some deals yourself. But where can you find a Sub2Deal? How do you know the seller is motivated? Is a Sub2Deal for real or a myth? Many people will tell you that Sub2Deals are unicorns that only show up once in your real estate career. Look, I've been doing this for over 20 years and it's the only way I do property deals. I used to do them when I lived in the U.S. and I still do them today even though I live outside of the States. Don't believe me then let me share with you three examples of the hundreds of deals that I've done, how I "found" them and the profits I made! In one deal I made US$60,000 on a house that somebody wanted to bulldoze! Sub2Deals come in all shapes in sizes, your job is really not to "find" them but to generate leads and follow through. And I'll share how you can do this. In this episode, I share: Examples of my past Sub2Deals. How you can identify a motivated seller. How to generate an endless number of leads for Sub2Deals. If you would like to learn more about subject to deals, check us out at Sub2Deals.com or email me at william@sub2deals.com. You can get a free download of my book "How to Negotiate with Real Estate Sellers" here.

Apr 22, 2019 • 20min
EP 006: What Documents Do You Need To Buy A Subject To Property?
You've decided to buy subject to properties for your real estate portfolio. So what do you need to know now? What forms and documents do you need? What forms do you need from the seller? And how do you get them? If you speak to 10 different investors, you'll likely to get 10 different answers to those questions. Each will tell you that you need a different form to close a subject to deal. To be honest, I think the two main documents you really need are the deed and a limited power of attorney and those will set in motion the process for you to close your Sub2Deal! Of course, there is a longer list of documents that you then should collect from the seller and a couple of forms you might have to fill out depending on what state you are in, and whether you buy the property via a land trust. For those of you interested I also go over some documents that are nice to have but not entirely necessary. I'll also share when you need to get an attorney and when a mobile notary will do just fine instead. In this episode, I explain which documents and forms you will: At your initial meeting with the seller; At your closing meeting with the seller; And if you will need an attorney or a mobile notary to help seal the deal. I will go over the following forms and documents and why you need them: Sales Contract e.g. Sales & Purchase Agreement Authorisation to Release Information Limited Power of Attorney Poa Ultimate Disclosure Document A Warranty Deed HUD 1 Settlement Statement Transfer Tax Form Due on Sale Disclosure Seller Affidavit Authorisation to Release Information A Second Authorisation Document Seller Course of Recourse If you would like to learn more about subject to deals, check us out at Sub2Deals.com. For information on using a land trust, the product I recommend can be found here. If you're looking to learn more about subject to properties then get my Ultimate Sub2 Guidebook. You can also download a free fillable HUD 1 Settlement Statement you can find that here. If you're wondering what a Due on Sale Clause is you can refer to my episode on it here.

Apr 8, 2019 • 39min
EP 005: What is a Due on Sale Clause?
What Is A Due on Sale Clause? What are the most common reasons this clause gets triggered? How do you prevent it from affecting your subject to property deals? I frequently get questioned about the due on sale clause from people who are always skeptical of the benefits of subject to property deals. Others even say that taking over mortgages is illegal! So, I decided to spend an entire episode dispelling the myths around this clause. Let me tell you, I've done over 400 property deals and the due on clause sale has never been an issue for me. And it's definitely not illegal. You can go out there and get yourself some Sub2deals, without any trouble from the due on sale clause, if you follow some simple rules. This is another special episode as I interview a listener of the Sub2deals Show who was affected once by the due on sale clause. I speak to him about the circumstances surrounding the bank's decision to call his loan due, how he handled it, and how this due on sale clause has only affected him once in his 11-year career in real estate. In this episode, I explain what a due on sale clause is and also: The steps you can take to ensure that the due on sale clause doesn't affect your property deals. Share where you can find the due on sale clause in your mortgage documents and what it says. Outline the two most common reasons for the due on sale clause to be triggered (insurance and bankruptcy of seller) and how to handle both without losing your deal. What bankers think about the due on sale clause and what action they usually take when titles are transferred. -- If you would like to learn more about subject to deals, check us out at Sub2Deals.com. I recommend reading through my article on Sub2 & Insurance. For information on using a land trust, the product I recommend can be found here. I believe getting yourself educated on Sub2deals is one of the best investments you can make for your real estate investment journey so if you're looking to learn more about Sub2 then get my Ultimate Sub2 Guidebook. -- If you enjoyed this podcast, please leave a review below and share it with your real estate investing friends using the links below! Want to know when the latest episodes are up and upcoming topics? Follow us on Facebook at @Sub2DealsPodcast.

Mar 25, 2019 • 14min
EP 004: What Is A Subject To Property Deal?
What is a subject to deal? How can you buy a subject to property? And what are the advantages that this strategy will bring to your real estate business? I've been doing subject to deals ever since I got into the industry 20-odd years ago. I find it is one of the best ways to enter the property market for beginner investors. One of my first property deals was a subject to deal and I made a profit of almost US$27,000 on it! Naturally, I became a big fan of buying properties this way because it's a simple and straightforward process. In this episode, I explain what a subject to deal is, and also: The steps you can take to start off your journey to build up a portfolio of subject to deal properties. The many advantages of buying property subject to (including keeping your credit clean!). Where and how to find the best subject to deals. If you would like to learn more about subject to deals, check us out Sub2Deals.com and I recommend reading through my free Sub2deals Resources. If you want to get started on investing in subject to deals you can book a free 1 on 1 strategy call and we can decide if we're a good fit to work together on a custom coaching plan for you.

Jan 29, 2019 • 10min
EP 003: Sub2Deals.com - 12 Houses to Freedom
In this episode, 12 Houses to Freedom, William explains how the average investor is only 12 houses away from financial freedom. He explains how buying just one house a month for a year can get you to your financial goals.

Dec 10, 2018 • 7min
EP 002: Sub2Deals.com - Lead Tracking
In this episode, William explains exactly what lead tracking is, why it is important to track your incoming leads and the best way to get it done.

Nov 19, 2018 • 1h 10min
EP 001: Sub2Deals.com-Why You Should Consider Owner Financing-Interview with Gerald Paul
In this episode, William Tingle of Sub2Deals.com discusses the advantages of selling properties taken subject to with owner financing to end buyers. Gerald Paul, a long time investor from Texas is his guest.


