{"id":45,"date":"2006-10-10T01:36:07","date_gmt":"2006-10-10T05:36:07","guid":{"rendered":"https:\/\/matthewchan.com\/2006\/10\/10\/book-review-of-turnkey-investors-subject-to-mortgage-handbook-by-graciela-sholander\/"},"modified":"2016-10-31T09:51:04","modified_gmt":"2016-10-31T13:51:04","slug":"book-review-of-turnkey-investors-subject-to-mortgage-handbook","status":"publish","type":"post","link":"https:\/\/matthewchan.com\/?p=45","title":{"rendered":"Graciela Sholander’s Book Review of “TurnKey Investor’s ‘Subject To’ Mortgage Handbook”"},"content":{"rendered":"

\"tkisub2.jpg\"<\/a>\u00a0This insightful book review on “The TurnKey Investor’s ‘Subject To’ Mortgage Handbook” was written by Graciela Sholander.\u00a0 I am grateful for her kind words.<\/p>\n

Take an investment property subject that”s potentially challenging to grasp, get an expert investor to explain it, and what do you have? Matthew S. Chan”s simple-to-understand book, The Turnkey Investor”s “Subject To” Mortgage Handbook. The author does a superb job of explaining what “subject to” means, how and when it applies, and how it can benefit both buyer and seller. Risks and advantages are explained in great detail nothing”s left out. Chan even cautions against misusing this method. Only ethical, honest investors and sellers need apply!<\/em><\/p>\n

What is “subject to?” To get the full picture, you”ll have to read the book, of course, but in short, it”s a form of seller-financing. It”s a specific technique for buying and financing property subject to the terms of the existing loan. It”s a way for experienced investors to build their portfolio of properties much faster and, in most cases, more cost-effectively.<\/em><\/p>\n

Right from the start, Chan emphasizes that this book is written for the experienced, not beginning, investor. It”s easy to see why. The “subject to” technique is not for everyone. In significant ways, it differs from a typical real estate transaction, requiring greater knowledge of real estate and mortgage laws, sound business sense, strong ethics, and the ability to negotiate fair terms for everyone involved. So if you”re a beginning investor, this book isn’t for you.<\/em><\/p>\n

But if you’re an experienced property investor, then you”ll find the technique outlined in The Turnkey Investor”s “Subject To” Mortgage Handbook intriguing and very possibly appealing. Chan guides you step by step through the ins and outs of “subject to”. The writing is so lucid that even someone without a financial or real estate background can understand the concept. Because it”s a fairly advanced method, though, try it only if you”re an advanced investor. <\/em><\/p>\n

Chan carefully explains cases when “subject to” provides a win-win situation for buyer and seller alike. For a seller who faces foreclosure, for example, a “subject to”? transaction can be a lifesaver. For a serious investor looking to purchase properties at a faster pace, “subject to” can be a very attractive option.<\/em><\/p>\n

Among the important points covered are:
\n*\u00a0Finding and working closely with a reputable real estate attorney
\n*\u00a0Locating sellers who want to do business with you
\n*\u00a0The dynamics of the negotiation
\n*\u00a0Associated costs and expenses
\n*\u00a0Benefits to the buyer, seller, and lender
\n*\u00a0Investment returns and profitability
\n*\u00a0Closing documents needed
\n*\u00a0When to invest and when not to<\/em><\/p>\n

With editorial contributions by Wes Weaver, real estate investor, real estate agent, and property manager, this book is well-rounded and thorough. It accomplishes what the author and contributor set out to do it offers the mature investor a clear, concise, easy-to-read, and definitive guide to buying property using the “subject to” mortgage technique. <\/em><\/p>\n

Chan has conducted a great deal of personal research and has spoken with many attorneys and lending institutions to ensure that “subject to” is both legal and ethical. Having completed his research and having found success with this technique, he”s now created a clear manual to help other investors interested in this type of transaction.<\/em><\/p>\n

The Turnkey Investor”s “Subject To” Mortgage Handbook can easily stand alone, or it can be paired with the accompanying CD audio program, The Turnkey Investor”s “Subject To” Mortgage Success Secrets for a comprehensive package. Matthew Chan”s handbook is an intriguing must-read for the advanced property investor.<\/em><\/p>\n

Review by Graciela Sholander<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0This insightful book review on “The TurnKey Investor’s ‘Subject To’ Mortgage Handbook” was written by Graciela Sholander.\u00a0 I am grateful for her kind words. Take an investment property subject that”s potentially challenging to grasp, get an expert investor to explain it, and what do you have? Matthew S. Chan”s simple-to-understand book, The Turnkey Investor”s “Subject […]<\/p>\n","protected":false},"author":1,"featured_media":113,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11,4],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-turnkey-investing-series","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tkisub2.jpg","jetpack_shortlink":"https:\/\/wp.me\/p927L-J","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":55,"url":"https:\/\/matthewchan.com\/?p=55","url_meta":{"origin":45,"position":0},"title":"Graciela Sholander’s AudioBook Review of “The TurnKey Investor’s ‘Subject To’ Mortgage Success Secrets”","author":"Matthew Chan","date":"October 18, 2006","format":false,"excerpt":"This audiobook review by Graciela Sholander was originally done in January 2006 and can be seen on Amazon.com. This concise introductory audio program provides the responsible property investor an overview of \"subject to\" mortgage transactions. If you've heard about \"subject to\" and wonder what it's about, and whether or not\u2026","rel":"","context":"In "Audio Programs"","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52,"url":"https:\/\/matthewchan.com\/?p=52","url_meta":{"origin":45,"position":1},"title":"Midwest Book Review’s Comments on “The TurnKey Investor’s ‘Subject To’ Mortgage Handbook”","author":"Matthew Chan","date":"October 16, 2006","format":false,"excerpt":"Earlier this year, Midwest Book Review generously evaluated two of my books.\u00a0 One of them (from March 2006) included \"The TurnKey Investor's 'Subject To' Mortgage Handbook\".\u00a0 Here are their comments... The TurnKey Investor's \"Subject To\" Mortgage Handbook is a guide written especially for the independent-minded investor who is seeking a\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":289,"url":"https:\/\/matthewchan.com\/?p=289","url_meta":{"origin":45,"position":2},"title":"New TurnKey Investor’s Seller-Financing Seminar Recorded","author":"Matthew Chan","date":"April 8, 2008","format":false,"excerpt":"Two weeks ago, during my blog hiatus, my friend Tony Calloway and my business partner Wes Weaver joined me in hosting and conducting a brand-new seminar, \"The Turnkey Investor's Seller-Financing Short Seminar\". Essentially, this is a more advanced seminar that builds upon and expands the content of \"The TurnKey Investor's\u2026","rel":"","context":"In "Audio Programs"","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74,"url":"https:\/\/matthewchan.com\/?p=74","url_meta":{"origin":45,"position":3},"title":"G.A. Bixler’s Book Review of “The TurnKey Investor’s “Subject To” Mortgage Handbook”","author":"Matthew Chan","date":"January 13, 2007","format":false,"excerpt":"G.A. Bixler recently submitted her latest\u00a0book review of\u00a0one of my\u00a0consistent selling books, \"The TurnKey Investor's \"Subject To\" Mortgage Handbook\". Matthew Chan\"s latest book for TurnKey Investors is for experienced investors who \"wish to expand their financial repertoire by utilizing the \u00e2\u20ac\u02dcsubject to\" mortgage\" (p.5) This review is based upon that\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"tkisub2.jpg","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tkisub2.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":511,"url":"https:\/\/matthewchan.com\/?p=511","url_meta":{"origin":45,"position":4},"title":"TurnKey Publisher Book Series Reviewed by Midwest Book Review","author":"Matthew Chan","date":"August 6, 2009","format":false,"excerpt":"This was first posted on \"The TurnKey Publishing Blog\". ==== I had almost forgotten I had submitted to Midwest Book Review copies of my newest books \"TurnKey Publishing\" and \"The TurnKey Publisher's Audio Publishing Handbook\". I am happy to announce they did a favorable write-up for the two books. I\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2009\/08\/turnkey-publisher-set.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":43,"url":"https:\/\/matthewchan.com\/?p=43","url_meta":{"origin":45,"position":5},"title":"G.A. Bixler’s Book Review of “TurnKey Investing with Lease-Options”","author":"Matthew Chan","date":"October 10, 2006","format":false,"excerpt":"This kind book review of \"TurnKey Investing with Lease-Options\" was written by G.A. Bixler. If I were still working, I would be reading Turnkey Investing with Lease-Options as I would an excellent novel!\u00a0 Indeed, I was not only impressed with this book; I was amazed!\u00a0 The main reason for my\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"builder_content":"","_links":{"self":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45"}],"version-history":[{"count":0,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/45\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/media\/113"}],"wp:attachment":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}