The seller owed $290K. The house was only worth $200K. ㅤ Average investors walk away from that laughing. Not me! Their loan is locked in at 2-3% interest. Today's loans are almost DOUBLE. Why would I walk away from that. ㅤ I take over their existing mortgage payments. Their loan stays in place. The house goes in my name. Then I rent it out and the property works for me. It's called Subject-To. ㅤ No bank. No new loan. No waiting for rates to drop. It's that easy. ㅤ Comment "PODCAST" for more business and real estate insights on the pacemorbyshow 🎙️ ㅤ #realestateinvesting #realestate #jordanbelfort #podcast