
Hans dissects his eighth subject-to deal, a pre-foreclosure gem that netted $110,000 without any rehab! Purchased for $163,500 ($140,000 loan at 2.625%, $13,000 arrears, $6,000 to seller), this vacant property was sold on a land contract for $209,000 with a $17,000 down payment, leaving Hans $4,000 out-of-pocket. The deal generates $425 monthly cash flow via an interest rate arbitrage (6.13% buyer rate) and boasts a $50,000 backend spread. By year 10, total profit hits $110,000, showcasing the power of creative finance with minimal effort—just a U-Haul to help the motivated seller move!
Watch at YouTube.com/Sub2Investor and explore mentorship at https://www.sub2investor.com/!
If you enjoyed this podcast & want more episodes, PLEASE LEAVE A 5-STAR REVIEW. Thanks & peace!