Latest / Beyond The Build with Wendell Butler
13. Sub-To Is a Ticking Risk (Banks Want Their Loans Back)
This episode breaks down subject-to (sub-to) real estate, the good and the bad, and why building a whole portfolio on it is a bigger gamble than most people admit.
Sub-to gets pitched as a way to get into deals with little money down, no bank approval, and a rate you can't get anymore. Most of that is true. But the people teaching it tend to skip the risks: the due-on-sale clause, the seller's credit tied up in the loan, escrow jumps, exit problems, and the chance that laws tighten once enough bad actors give it a bad name.
The core argument is that with old loans at 2-3% and new loans at…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.