what is a group home? What kind of group is it? In how many bedrooms / bathrooms? Great you are doing this!

@@biancaol6968you serious

Welcome Troy!

Thank you Marc! Appreciate you always 🙌🏼

Then it's your job then to explain what subject to is and educate and clearly explain what it is. A confused mind always says no

You have to step inside the same shoes as the realtor, and do not think of them if somebody above you of authority because they’re not. I’m not saying show, disrespect, but show them that you’re not no fool. You should know damn well, regardless, if he tells you otherwise, that, the bank has no control over the deed, but only the lien on the home, which is collateralized by the home and or deed. Whether the deed is transferred into somebody’s name or not, they can still collect on that debt if the deed is transferred into your name, and put in a safety deposit box With recording instructions, you, as the buyer have control of that deed even though if I looked up public records, it would still be under the sellers name. It’s just like that because it hasn’t been recorded yet. The agent doesn’t know what they’re talking about, and I would kindly tell them and challenge them by saying “ How is that not transferable? The bank has no control over the deed. Owner does, the bank, just collateralize the deed the deed stays the same no matter whose name is on it, so why would the bank care?“. Doesn’t even sound like it’s a real objection. Either, it sounds like you and this realtor got into a pissing contest together to see who’s is bigger maybe. Don’t get into that with these people, praise them, but at the same time don’t take shit from them. I’ll make them sound like they’re the best thing and sliced bread, until they say something stupid like that, then I revert to my questions. Instead of him, questioning me, if he says a stupid comment, like that, it turns into me questioning him I’ll start firing off things like “why wouldn’t it be transferable? Where does it say that?” And then, if he says “well it’s somewhere in the contract “say something along the lines of “so you’re going to reference a piece of verbiage within a contract that you cannot point out and risk the seller of selling their own home because of it?“ At that point, if they are just pointing at you, and just poking, and the home has been on the market for more than 100 days, bypass the prick. Be cordial and polite when getting off the phone don’t go ahead to head with them. Immediately skip trace the owner of the property. Tell the owner straight up that you had gone through the proper channels, their listing agent but don’t crap on them1 chalk it up to they may have been confused”. Because I could tell you right now, as both a licensed agent in both Massachusetts and Rhode Island, as well as a national wholesale investor, that you can certainly transfer the deed and any type of mortgage as matter fact, Dodd Frank has specific instructions on how to do create a financing with their loans of which pace already teaches. So this realtors actually come in to conclusions without even knowing! Don’t agree with them either when they say stuff like that, don’t disagree, but challenge them. Say something along the lines of “while I’ve done many of these before, and I could’ve sworn I’ve never seen that verbiage in any mortgage application. Can you point me to the section where it has something that the deed can’t be transferred? What he’s really saying is that the closing company that is overseeing the closing is probably within their office or their own CLOSING ATTORNEY. He is just saying that they do not have experience closing without eliminating the underlying mortgage. But instead of saying that he’s telling you that the bank doesn’t allow a transfer deed when it’s actually the closing company that they’re utilizing. this was actually said to me before by a realtor. And I took the words right out of her mouth. I said “all due respect, but it doesn’t say that in the mortgage contract but rather you’re telling me that the closing company that you utilize won’t do something creative like that, correct?“ After a couple of stutters, she said “well, yeah, they wouldn’t do something like that did want you to pay it all off“and I followed up with “they” as in your Closing office you’re going through correct? She stutters again and says “yeah“ after she was using the word “yes” throughout the entire conversation so confidently. She was assuming I wasn’t going to probe her anymore on her stupid comment of course I’m not gonna say it to her face that she said a “stupid comment “but I’m going to question her about it and really dig where it will be uncomfortable for her and explaining it. Then I’ll just go right over there head it’s survival of the fittest to the seller. I have sellers straight up fire realtors straight up, canceled with them and went with me. A few of them I paid because I didn’t want to get bad publicity, but they all learned a lesson. I could tell you that for saying something stupid the mortgage or bank company does not own your house! They don’t own the house you own the house you put it up as a secured collateral investment to borrow money to buy it. You have equity, and therefore you have legal equity into the house. The bank has no ownership. They only have collateralized debt against the property. You can pass that debt onto anybody you want in exchange for them being recorded on the deed. Since banks are greedy and usually want to change their mortgage programs to fit the current interest rate, don’t get it recorded put it in an executory contract deed of trust and put it in a safety deposit box with instructions to record the deed at the registry. Once the underlying mortgage is paid off. You will have control of the deed and can sell the property rent out the property. Anything you want only differences when you close you’ll have to pay off the underlying mortgage note kind of just like the original seller that left you the mortgage balance, you can also transfer the deed into another persons name who they will then take over those mortgage payments. You see them all the time on Zillow etc. look at the property history. Ever see a transaction where the purchase price was NA.? So you saying that, tells me that you question if all this is real in the first place? You don’t even know the science of it because if you did, you wouldn’t even be questioning it. You should learn it a little bit more and understand the verbiage there is someplace where you’re just , not interested to learn, or are overlooking that is causing you to second-guess the entire operation. Learn it.

They may be worried about the due on sale clause

You can get around it through loopholes

Yea but its probably not that they dont know, rather Realtors/Brokers are becoming irrelevant and they dont like wholesalers. There are numerous news articles that have recently released by big media, calling the wholesaler integrity into question. You can try to explain all day long but they are gonna roadblock you to death​@johnnyb33good21

How’s your real estate journey going?

tired landlord... not willing to take care. tell her how much she can be relieved of not having to take care of a complex, assuming she is old, say wouldnt it be nice to just relax on a couch watching the morning news and not having to worry abt this massive unit? Ofc have a bonifed offer, but try to solve a problem she may be having, not one that u have with her

well it probably wasnt a good deal for a typical homeowner who would have normally bought it... 6 months is just the agreement between agent and seller.

You should watch our other videos and get educated on how everything you just said about them not getting another loan is actually incorrect.

Great video! Thanks for sharing

I am in DFW...I love this.

How can you and I connect?

🤣

Hey! Here's his IG: instagram.com/mcguire_real_estate/

Pace is THE BEST teacher on this subject on the whole industry! 😍