10/12/2025
Brian Cralson’s Tipps That Matter 🇺🇸
1. The subject-to-mortgage is nonnegotiable; it is what it is.
2. You will defeat the benefit of buying a subject-to to refinance it.
3. Never carry more than one insurance policy.
4. Always use an RMLO to qualify your buyer in an owner-finance deal.
5. You should always use a Creative Finance Attorney who has done subject-to’s.
6. Always try to close on the house after you find a buyer so you can close on the same day. It saves money and liability
7. Always document everything you promised or did not promise in your disclosures.
8. Most Title companies only close the deal and do not care about subject-to-disclosers. I have bought well over 100 homes and never used anyone except an Attorney. This is my way, so you seek your legal advice.
9. Always make the payment so it's a month ahead at closing and stays that way.
10. The power of attorney must be stored with records in multiple safe places that cannot disappear.
11. You must always use a loan servicing company that generally costs 35 or so a month, which the buyer will pay.
12. You should check that the mortgage is paid on time each month, along with the insurance coverage.
13. If you do everything the way the bank does, you will sleep great at night.
14. You should keep at least two months' worth of payments in reserve in your LLC to cover missed payments.
15. If you JV with someone, always keep identical records of everything. Use and talk to the same attorney, as only one is needed. If calls require to be made, do them in a three-way call. Never give the other person your money, put it in escrow, etc. Never trust your closest friend, including family, right from day one. If you shake on something but in writing right away, both of you sign it.
If you start like this, it's no big deal; it is what you agreed on. Now, you will never feel something is not right down the road cause you have been cross-checking all along. It is called an intelligent business plan. 🇺🇸
