Can real estate agents buy houses Subject to and do house flips too? Well today, we sit down w/ Chris A. Williams and hear how he's doing all different types of transactions while holding a license. For some strange reason, most realtors look down on creative real estate transactions like Subject to, but we found one that embraced and ran with it. He just finished his first house flip and he bought it using nontraditional financing. Watch how he did it so you can learn how others are making ways for themselves in the real estate business and perhaps you can deploy some of these strategies for yourself.
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00:00- Intro 2:30 - He was a football player in high school and got a scholarship for sports 12:15 - Chris was kicked out of his parents house 23:20 - Is it legal for real estate agents buy houses subject to 26:12 - How Chris bought the house w/ a balloon payment loan 27:05 - Why don't real estate agents and realtors buy houses using creative strategies like subject to 29:37 - Chris thought his repair estimate was going to be $45k 36:10 - Somebody stole his heat pump from his property 40:50 - We had to be extremely specific w/ the contractor and detailing the work 45:45 - He had to pay closing costs for his buyer when he sold the house 47:38 - What extra costs come up when flipping houses during the buyer's home inspection 53:00 - what would Chris do differently on his next house flip 55:50 - Negotiating tip to get a discount on a house purchase
