Zack Childress - Rei Success Academy -

The question that Zack Childress poses in every podcast is how do real estate investors build real wealth and freedom without access to millions of dollars in capital? His mission is to help you find the answer. Creative financing brings great opportunity. There’s lease option or sandwich lease option, there‘s subject to. Both involve taking over payments from current owner. With a subject to, I take over the property and take over the payments, but the financing agreement with lender remains in the current owner’s name. The contract states that I pay the owner the payoff amount of loan after ‘X’ number of years. During those years, I have a renter in the home that’s paying more than the mortgage amount while the final amount due (my final price) continues to go down. I get cash flow anda low price. Lease option and subject to deals have different contractual requirements. A good real estate attorney is going to know this, but it’s important for you to understand the options so you know the deal’s executed pr