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Podcast: BiggerPockets Real Estate Podcast
Episode: How a 3% Interest Rate Cost Me Over $180,000 (Avoid My Mistake) w/Tanner Litchfield
Description: "Subject to" real estate has been exploding in popularity. When mortgage rates began to rise, subject to (often called sub to) came in as the hero to save the day. This real estate investing strategy offered investors the chance to take over low-interest-rate loans from homeowners who wanted to sell their properties. And, with often a minimal down payment required, new and experienced investors lined up to give this fast-scaling strategy a try. Without even knowing it, Tanner Litchfield did the same.After being brought a home run, three-percent mortgage rate deal, Tanner knew he had to...