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How to Buy a House With $0 Down




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Title :  How to Buy a House With $0 Down
Lasting :   14.46
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Views :   82 rb


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AAInventors
I bet she's gonna buy him out!!lol
Comment from : AAInventors


Tonys Theory
Hey CodybrbrI’m interested in doing something I currently live in Austin can you reach out to me
Comment from : Tonys Theory


This World IsCrazy
Every comment was a paragraph 🙄so fake and if it worked this would have a mil plus hits
Comment from : This World IsCrazy


Alexander Morales
Interesting Though I'm still a bit lost He talks about owners being glad to have him take over the mortgage payments, but what are the sellers getting out of it? It sounds like he's targeting distressed sellers? Please correct me if I'm wrong
Comment from : Alexander Morales


Masha Belova
It sounds like the seller doesn't get any money for the deed/house — can anyone explain pls?
Comment from : Masha Belova


LostIt Tag
Something seems fishy here Ive invested in properties and banks keep the title to the deed until the mortgage is repaid How do you sell a title you dont have? There are ways yes, and it depends from state to state, but lenders have the right to demand full repayment if you sell the deed, because the banks only collateral is the deed Why would they lend money for a home that they cannot forclose on if payments stops getting made?
Comment from : LostIt Tag


JasonJason
How do you cover the built up equity that the previous owner built up in the house?
Comment from : JasonJason


R Rags
Wait So he does go into debt and pays someone 10 on that money People This is not easy! Be very careful!
Comment from : R Rags


R Rags
Everyone slow down and let’s think this through carefully So I am the seller I (seller) still have a mortgage obligation (debt) but now I don’t have a house (asset) as collateral for that obligation? Doesn’t the mortgage (debt) go with the house(asset)? How does the seller go get another mortgage? Is this guy screwing the seller? Why the hell would the seller agree to this? What am I missing here!?
Comment from : R Rags


Sunny
Ut Doesn't owners want their money out if tge house so they can buy a new one? Why don't they just rent it iut themselves?
Comment from : Sunny


thevizualassassin
Ive usually watch a few videos before I subscribe to a channel For someone who owns several businesses, myself; I feel a lot of her vidz are click baity, as some (not all) of her advice seem a bit shady, unethical, and illogical Everyone does business different is fact, but thats how you know who to stay away from Good luck to all those on their adventures Just be sure to follow the right people
Comment from : thevizualassassin


Justin Sane
Except for the Due on Sale Clause in the Mortgage 😊
Comment from : Justin Sane


hana mana
This is golden
Comment from : hana mana


Ghan Yt
Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars
Comment from : Ghan Yt


Josue Carranza
Too good to be true
Comment from : Josue Carranza


alex emergineer
Usarfract Act in South Africa is legal way to buy property without bank financing ❤❤❤❤❤
Comment from : alex emergineer


The Fertile Mind
I'm not sure if I'm missing something here but an owner transfers the deed in exchange for their mortgage being paid and or "taken over" therefore they no longer own the housebrbrSo if their property is worth $500k and they have $200k mortgage they're handing you their property and the $300k they would have if they owned and sold itbrbrWhat kind of position are these people in that they would do this?
Comment from : The Fertile Mind


Jonathan Sukanto
in from indonesia not like this can not do that really difficult
Comment from : Jonathan Sukanto


Harmanjot Singh
The stuff that he didn't explain and is a big one is equity What happens to the equity of the person in the house?
Comment from : Harmanjot Singh


neonalien1
❤❤🎉🎉🎉Part two PLEASE!!!!!
Comment from : neonalien1


Rebecca stephens
This administration is putting so many families into difficult situations, I pray for our country low income people are suffering to survive! I appreciate Ms Raylene, Imagine investing $1000 and receiving $5200 in 3 days
Comment from : Rebecca stephens


Michelle Martin
#CODIESANCHEZ Thank you for giving us ideas of making money outside of the box Could this idea be done with Warehouses as well as houses? Can you start this on a small scale? thank you so much for your time It is very valuable
Comment from : Michelle Martin


Jack Attack World
This is insane (and probably illegal in Canada) but Americans like to push boundaries which always seems to pave the way for their next financial crisis! To make this attractive you would need to have absolutely zero equity in the home (which doesn’t surprise me since ppl keep borrowing against their properties like kids in candy store) If you are in so much debt, you’re considering walking away from your property (bc it costs more than its worth) and so broke and lazy that you can’t pay for a little painting and moving costs to enable renting it out yourself, sure you might be open to some random, jumping in and taking over your crushing debt However, the bank is owned a shit load of money the fact that you are transferring the deed to another person (without checking their credit) would be the most surprising part of all this Also depending on how much the house is over-leveraged, the mortgage payments could cost more than the rental income
Comment from : Jack Attack World


Maria Navarro
Will the bank allow you to take over the loan?
Comment from : Maria Navarro


MARCOS ZELEDON
Wait a MinuteThe Seller walks away from his Equity even if he is not upside down? You buy Real Estate and Wait if Seller is Upside Down just have the Seller wait until he is right side up Help the Seller you will get him as a Client for EVER! instead for one deal
Comment from : MARCOS ZELEDON


JoeyJoe M
Dude the difference in your face is obvious! Stop using fillers! You don't need all that! Your beautiful without it It's changing your face and not for better!
Comment from : JoeyJoe M


Julius Yoohan Ruz
"Great video! Thanks for teaching us about property Really informative! 👍"
Comment from : Julius Yoohan Ruz


Brock Horwitz
So does that mean as long as you continue to make payments you actually own the property?
Comment from : Brock Horwitz


LiterallyAnt
I would like to do this for myself so I can own a home I need more info please! Is it really just calling the Seller and taking over their mortgage? Sounds too easy, what am I missing?
Comment from : LiterallyAnt


MJ
This channel is freaking awesome Thx for sharing your knowledge
Comment from : MJ


Sankar Achary
That house owner does not need the money for his house ?
Comment from : Sankar Achary


Agbo Odobi
Any private money lender in here?
Comment from : Agbo Odobi


Agbo Odobi
Hey, I am from subto I live in Texas
Comment from : Agbo Odobi


Hannah
Let’s talk about the homeowner side I know you love a win win Cody, what is the win for the homeowner, outside of the unloading of the debt they are trying to get out of I would assume you are grossly under paying for these homes, so are these homeowners left broken hearted and this is a bitter deal, or do you come in “just under”
Comment from : Hannah


Daniel Renteria
So have you done your first no money down? On any properties? 😃
Comment from : Daniel Renteria


Filosophy Jewelry
Cody, I have a part that I’m still confused about What if the seller has equity in the house? Do they just walk away from that? Or is it a very specialize seller who is maybe going to lose their house to foreclosure if it doesn’t sell? Why would they just leave their equity? Thank you so much! I love all your videos!
Comment from : Filosophy Jewelry


Mr A
BIG question here How does mortgage eventually get into my name without a refi? I'm trying to acquire a large piece of property near me that isn't selling brbrAnother question He mentioned agent still gets their 3 can someone explain me how that works if it's no money down?
Comment from : Mr A


Eric Forney
Taking advantage of homeowners is such a great business model! The world needs more high integrity people like Pace
Comment from : Eric Forney


Brian Hewitt
Thank You Keep em coming
Comment from : Brian Hewitt


Orion
So how does the seller get their money out of the deal If you take over the mortgage ? And where does the agent make their money?
Comment from : Orion


Astrocat
I am sure Coffeezilla is looking into this 😄😄
Comment from : Astrocat


Jessie Russell
If this is the first time you are hearing of this WELCOME TO THE GREATEST REAL ESTATE COMMUNITY ON EARTH!!
Comment from : Jessie Russell


G Chat
Dope
Comment from : G Chat


ncoutlaw
So the seller walks away with zero equity? 1400 payment at 29 apr sounds like 275k mortgage I think im missing something
Comment from : ncoutlaw


Hairy Ery
So you were a journalist who realized "I can make way more money on YouTube making my own videos" I think we should all realize the scheme by now Make videos about how to get rich, interview people who are rich, follow the hot trends and create a mastermind course If I'm wrong please tell me how
Comment from : Hairy Ery


HEC892
I don’t get how this would work, is it because they can’t afford the payment and they would be selling at a loss ? Someone help me understand how this works
Comment from : HEC892


Marx Acosta-Rubio
GOOOOOOOOOOD MOOORRNNNIIINGGG!!!!!!! Great video 😃👍🏻 - ONLY problem is Pace did NOT invent “creative financing 😉 “ nor Subject to - shoot I did those kinds of deals back in the early 90’s 😊 - He is great at the and has built a WONDERFUL machine, pero not the “inventor” - details and accuracy matter right? Because otherwise, we may discount all the good stuff by little errors like that 🥴 - And I certainly wouldn’t want that for you or Pace 🤗 - have an amazing day!!!!!!! 🤩
Comment from : Marx Acosta-Rubio


Alex Winkler
Wondering why someone would give up the deed It's the elephant in the room that was not addressed Thats rhe major upaide they would loose out on brbrSay the owners bought the house for 400k and can sell for 500k Why would they give up that 100k for someone to rake over the mortgage when they could juat out Tennants in the house themselves?
Comment from : Alex Winkler


Volt Monkey
Why doesn’t the original owner rent out their house?!
Comment from : Volt Monkey


Andre Gayle
Found your channel about 3 weeks now, and now my mind feels like it was a paper plate with water floating in an ocean I had no idea about now I need to learn and try motequestion : would a nail salon and spa that's been around for 25 years be considered a " boring business"
Comment from : Andre Gayle


Bryson
How do I hire people for my laundromat if it's not near me
Comment from : Bryson


Simon Torres
Actually people been doing this for over 50 years
Comment from : Simon Torres


Ethan Pak
So glad to be a part of the subto community, even when I'm based out in California 😆Pace has taught me so much and has helped me add to my portfolio without going through the bank!! Would love to connect and work with you all so we can all make money together
Comment from : Ethan Pak


Chris Baden
I’ve watched a bunch of Pace Morby videos… this one is the BEST!! I appreciate how you broken this down into 3 phases: br1 Understand the processbr2 Visually walk thru the process br3 Physically do the process brbrI would love to hear more in another video about how you are buying/leveraging real estate to reduce your taxes!!
Comment from : Chris Baden


badgermatt1
Hmm… Don’t see it working in prosperous areas Only poor areas with poor people
Comment from : badgermatt1


Plamen Dobrev
Let me get this strait You convince a seller to transfer the deed to your name while the mortgage stays on theirs? And the bank is somehow cool with that? What about the note on that property? So many questions unanswered
Comment from : Plamen Dobrev


WildAthletics
Awesome Collab Love you guys
Comment from : WildAthletics


203karma
Doing this can you refinance or do a HELOC
Comment from : 203karma


Warren Lydia
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas
Comment from : Warren Lydia


muzisashi
💡 I'm trying to understandWhat would be the reason a seller would agree to this? Are there any benefits to them?
Comment from : muzisashi


Sam Kay
This might be one of the most valuable videos on YouTube Absolute GOLD Thank you Codie for your indispensable content!
Comment from : Sam Kay


Jon Focker
You can buy a small trailer type house walking distance to Huntington Beach Cali for $95K I mean a nice modular or prefab small house for less than 100K brbrSeems like a good deal Except its fairly small, no backyard or much land at all and neighbors are very close But you can walk to the beach everyday Actually seems like an amazing rental property There are a lot of them listed for salebrbrOh i see the catch now Some of them are 55+ communities and around $2500 a month for the space the house is on They are small cheap houses made in the 50s and 60s S0me are only $65K and its yours $18-25K a year just for the damn space smh
Comment from : Jon Focker


Chelsea Scott
Can we do this in CANADA?
Comment from : Chelsea Scott


God’s Phenomenon
How do you get the home owners phone number of the expired listing
Comment from : God’s Phenomenon


Elite Time
Amazing! Loved it! Thanks for sharing Cody!
Comment from : Elite Time


Cindy Guest
Great insights on the housing market! The housing affordability crisis is indeed a significant issue The suggestion of spending more than 30 of income on housing might be a reality for some, but it's not a sustainable solution It's concerning to see people resorting to second jobs or cutting back on essentials to afford housing However, these shifting dynamics present potential opportunities for those ready to invest It's evident that the Federal Reserve's policies have far-reaching implications for the housing market, making real estate a journey of long-term investment Amid these fluctuations, I've ventured into new investment avenues Thanks to the guidance of a mentor, Mrs Tammy Brockman, my portfolio has seen significant growth in just 5 weeksThese are indeed turbulent times, but as the saying goes, fortune favors the bold!
Comment from : Cindy Guest


Alex T
do this work on commercial real estate ?
Comment from : Alex T


Kathy Fann
What are you doing when The loan is technically not assumable, lender won’t allow it I know which many of them aren’t😢
Comment from : Kathy Fann


wjaysdad
Forgive me if I missed it but how diss the seller make money in this deal?
Comment from : wjaysdad


Profit Genies Inc
Robert G Allen was doing creative finance years ago, but I love Pace!
Comment from : Profit Genies Inc


Leo Avila
This is the most ridiculous thing I ever saw No homeowner will hold a mortgage while giving away the deed to a house for someone to play renter with it Its ludicrous to even think this will literally happen Are you out of your mind?! brIf an owner can't sell a house, they usually rent it out and still keep it on the market for sale There's no limit to how long a house can be on the market either To think videos like this exist is why these financial problems occur in our economy Everyone is crying "creative financing" as a means to say find a creative way to screw the system by avoiding the proper way of doing business Of course, not every system is perfect and at times, there's loopholes but it not right or legal in some cases to exploit those loopholesbrThis video comes with a disclaimer that says they are opinions and not financial advice If any of this content was true and legal, everyone would already be doing it but since its just not the case, they protect themselves with this disclaimer to avoid responsibility for the content that's being put out there as a way to find the financial scam that works best for youbrLadies and Gentlemen, 20 Down gives you an open door to real estate Anything less, you might need to qualify with financial and legal programs to assist you That's fact If you can't afford to buy a house, its not a right, its a privilege You gotta work hard for the things we want in life That's also fact and that will never change
Comment from : Leo Avila


ZigKid3
I'm not getting his 60 second explanation The seller is basically just giving their house away for free
Comment from : ZigKid3


Jessa Roberts
I am in Subto and this community is REAL JOIN, way more value and partnership found here than any other mentorship
Comment from : Jessa Roberts


Worlds Business
You are a legend No better value per second on YouTube, anywhere
Comment from : Worlds Business


Noah Mia
"SALARY" is a pill given to you to forget about your dreams that's why I'd rather have multiple streams of incomesThe lucrativeness of the stocks/equity market is unique from other'sAnd that's why I keep making so much investing
Comment from : Noah Mia


jenni brown
Great insights on the housing market! The housing affordability crisis is indeed a significant issue The suggestion of spending more than 30 of income on housing might be a reality for some, but it's not a sustainable solution It's concerning to see people resorting to second jobs or cutting back on essentials to afford housing However, these shifting dynamics present potential opportunities for those ready to invest It's evident that the Federal Reserve's policies have far-reaching implications for the housing market, making real estate a journey of long-term investment Amid these fluctuations, I've ventured into new investment avenues Thanks to the guidance of a mentor, Mrs Tammy Brockman, my portfolio has seen significant growth in just 5 weeksThese are indeed turbulent times, but as the saying goes, fortune favors the bold!
Comment from : jenni brown


Employee Nation
How and when does the seller get paid?
Comment from : Employee Nation


Cole Lumley
So is he just basically assuming the homeowners loan?
Comment from : Cole Lumley


James Possible
Codie, The one question I anticipated being answered wasn't even askedwhat keeps the mortgage from being called due?
Comment from : James Possible


Jeremy H
Yes, do the deal in Austin plz
Comment from : Jeremy H


Gulf Coast Investing
Smart duo!
Comment from : Gulf Coast Investing


Jules S Ro
What happens if there is no mortgage?
Comment from : Jules S Ro


CPwaterski
I'm a SubTo student of Pace's and this stuff truly works If you're interested in lending a deal, I've got too many deals to count 😀
Comment from : CPwaterski



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