real estate agent buys house subject to-without credit-without banks

This real estate agent buys a house subject to without credit or any bank qualifying. Today’s video will show you that being a realtor will not stop you from buying houses Subject To. Meet my friend Sean Slaughter, he just bought his first property subject to and never turned in any tax returns, no credit reports, appraisals, even a bank application. I thought this would be a good topic to cover since some people want to know whether you can still do Subject To if you have a realtor’s license. Well, Sean is living proof that you can and he’s going to break down the numbers and show us exactly how he’s doing it so you can get out there and buy a house Subject To even if you have a real estate license. Don’t let the media fool you into thinking you can’t do creative financing if you’re licensed.

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00:00- Intro
1:58 – Let’s see what the neighborhood & the surrounding houses looks like
3:09 – Meet the real estate agent & investor Sean Slaughter
4:00 – What is buying a house Subject to the existing financing
6:09 – How Sean put his subject to deal together with the seller
10:50 – What are the numbers on this real estate deal
13:05 – Let’s go inside the house, this is the new open floor plan on the first floor with the kitchen and primary bedroom suite
19:14 – Let’s go upstairs to see the new communal bathroom, utility room and 3 bedrooms

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