The great sell-off is beginning.
Where housing costs used to be astronomical and every seller had their pick of buyers and prices earlier this year, now houses are sitting on the market longer and going for less.
People aren’t desperate for housing anymore as interest rates have done nothing but get higher and higher in combat manufactured inflation. And to add the cherry on top, all those huge companies that were buying housing and holding onto it to keep scarcity high in the market are now being forced to sell those properties because it’s no longer profitable.
If you are a traditional real estate investor, you should be sweating.
Now if you can’t get a renter into a house and it's sitting vacant is costing you money, you’re not going to have a good time trying to sell it either.
People don’t want to buy your house.
If you’re just the ‘Average Joe’ who’s worried about a market crash hurting the economy, let me speak a little peace to your soul: you don’t need to worry.
The average person is already fighting through some serious pricing hikes. The only thing you’ve got to watch out for is opportunity.
Chances to make some serious money and set you and your family up for future generations only rarely come around. This is a manufactured housing crisis, so the people that are going to get hurt from their greed in the housing market are giant companies or investors who have always done it “the traditional way.”
This impending crash – which we’ll see in the next few months – is going to change your life for the better.
And I’m not talking about learning lessons the hard way. I’m talking about the fact that there are going to be a considerable number of people who may be facing eviction, home loss and foreclosure who will be turning to people who can not only help them secure housing, but can also save their credit in a bad situation.
If a home is facing foreclosure, subject to is a way to get started in real estate investing without any skin off your nose. If you can find a seller facing a bad situation who needs out of their house because they're going to lose it, you can offer to make payments for them to their bank, but the deed of the home is now yours.
You can put cash in the hands of the seller, give them a decent timeline to move so they’re not thrown out on the street with any of their things and nowhere to go, and you now have a partially paid for property that you can offer at a good price to a tenant.
It’s a win-win situation; which is why people say it’s illegal when they don’t know any better. It’s almost like people know that the “traditional way” of buying and selling homes is made to cheat somebody who’s a part of the deal out of time, money, and property.
But those who know the creative way to get things done know that there is a way for everybody to come out on top. That’s the SubTo way, and if you learn it now, you could set yourself up for financial stability in any market.