In Lesson 3 of the Commercial Property Training series, Ron goes over methods 1 and 2 of buying with no money, subordination (his favorite) and using part of the seller’s property to borrow all of the down payment.
In Lesson 3 of the Commercial Property Training series, Ron goes over methods 1 and 2 of buying with no money, subordination (his favorite) and using part of the seller’s property to borrow all of the down payment.
Ron,
Great lecture! Tell me, the wording we can used for the Release Clause?
Stanley C.
Sure is great
Thank you Ron. This commercial side has a few extra details … but it’s certainly worth learning !!
More good content thank you.
While listening to this lesson I was made aware of the vast amount of money I passed on to traditionally flip my way to complete failure. Here’s to new opportunity! Thanks again, Ron!
@Kevin Cook would love to hear an example of one you passed on
@Kevin Cook or better yet a new opportunity since you heard this video
The best way to buy is with no risk! – Can’t wait to learn more!
Great session, Ron.
Stanley C., the wording can be found in the Commercial Agreements section here on GoldClub site.
click on: Agreement for Purchase and Sale of Vacant Land, then read Section 2.D. “release provision”
The Commercial Agreements sections awesome
starting to look difficult and complex. still excited though. thanks Ron.
@Scott Burton One step at a time you can do this
Very good lesson I like the office with free rent
Who doesn’t like free rent?
Thank you Ron. I liked this so much that I listen to it twice. Mario Acevedo, WA. State
@Mario Acevedo seems most of Ron’s videos are worth a listen two times
Great Info Ron
Another great video.Thanks Ron.
How do you do time and time again
*correction . how do you do it time and time again
@Mr. Ross He’s not cut from cookie cutter cloth that’s for sure
Good lesson Ron
Show me the money Ron I really love this video!
All the best
Edward
@Edward Haberthur Is he good at showin’ us the money or what?
The first of the 6 ways to buy commercial with no down payment – subordination. 2nd – Release clause, sounds great.
they all sound great to me
Glad I just learned about subordination and release clauses. Can’t wait to learn more and put it to use!
@Todd Smith good deal! Have you put it to use?
Lot to take in. Thanks Ron.
@Tom Pratto It is a lot
I totally agree its lot too take in but i remember the facts.
@Christopher Carrington Good idea to focus on the facts and get it done
Be sure to check out Ron’s Commercial agreements in the contract section.
They will keep you out of trouble.
@Mike Minnihan They surely will
Thanks Ron!
Thanks indeed
Free Rent and Cashflow a Bonus! Thanks Ron!
Anything better than Free Rent and Cashflow?
I understand now!!
@Mitch Hell Go and give ’em hell Mitch (pun intended)
I am looking at 2 different multi home packages. This looks like it could work in this situation
Does the same MAO formula apply to commercial property like it does to residential?
Hi Ron
You don’t know how happy I found you. I’ll be happier when doing my first commercial deal. Q: do you take the purchase contract of multiple parcels with release clause to the bank and ask them to lend on one of the parcel? Do we have this financing contingency on the contract? Is it nonrecourse loan with the bank?
Christy, I hope you re-watched the video, and Ron’s others (also buy the commercial property package for more depth). You use the parcel(s) being released and sell those to raise cash to complete the deal. No bank financing for the released parcels, just outright sale. Make sense?
Once again, another great video. You’ve opened my eyes to so many new and creative possibilities. Thanks Ron!
Yes, you can’t help but come across some, as your’re out and about just doing single family homes. They just plain are there.
$$$$Driving For $$$$$$$
i like the concept of subordination. i’m going to use that on the deal i’m working on now.
Darren,
You’ll want to check out this video for more information about Subordination. It’s nearly 30 minutes of Ron covering the topic:
https://www.ronsgoldclub.com/training/qsre-training/lesson-134-subordination
There’s a great big beautiful tomorrow,
and gold mines everywhere!
Thank Ron!
wholeheartedly agree!
Just after listening to this called few brokers and got a few yes on seller finances
ExSELLent Ron ALWAYS teaches and show the way it should be done…….no need to re-invent the wheel…….
Words of wisdom from a true pro!
Thanks Ron. I’m learning so much from these videos.
Big Thanks Ron. I like the first of the 6 ways to buy commercial with no down payment – subordination. 2nd – Release clause & Free Rent and Cashflow a Bonus.
Especially, I learn No single house to do the commercial.
Great information Ron.
LTV on new 1st mortgage is under 70%. Good stuff Ron!
Learned something new on 2nd viewing. Thanks Ron.
the release of part of the property to secure dp for the rest of the property is the most amazingly creative thing i’ve ever heard. i think i want to try it now lol
I really like learning at least one new thing every day. Listening to Ron’s training I am sure to learn much more than one real estate technique per day.
Owner financing on commercial deal is exciting.
This almost seems too easy
this is great,and as we know people get burned out with these big properties,it’s a nice thing to be able to help them out,while they are helping us out
Great lesson. I’m going to try this.
Great lecture
WOW!
I just had my mind blown! Now I need to watch this a couple more times to wrap my head around this.
This is really great information cause these are the type of properties that Im coming across. Thank you.
Love this info!
Wow, really great information. This is how I will by my own office.
Hi Ron, What was your term with the seller in this particular instance based on the Seller Finance release clause deal?
Hi!
this was very informative and eye opening. I did notice that this is from 2012. I just joined the Gold Club at the end of Dec. 2018. Does this strategy still work in today’s market?
Is there a way to bookmark the videos that I have watched already?