Buy a Home Without a Bank | Iva Norris on WeHome500, Wraps (Subject-To) & Creative Finance

Description
In this episode of the Dream Start Own podcast, Edgar “The Connector” Salgado sits down with Iva Norris, creator of WeHome500, a mission to help 500 families buy a home by “being the bank”—especially buyers who don’t qualify for traditional loans.

Iva breaks down how her team finds homes (mostly direct-to-seller), then sells them using wraps / subject-to / seller finance so families can move in with as little as 10% down and payments near rent market. She also shares her story of coming from Brazil, taking action after reading Rich Dad Poor Dad, and buying 28 properties in 3 years without using her own money—plus the real risks, documents, insurance details, and servicing pitfalls most investors miss.

Chapters
00:00 Intro + who is Iva Norris
00:24 What is WeHome500 + the mission to help 500 families
00:51 Who WeHome500 is for (buyers who can’t qualify) + 10% down
01:09 Where they operate (Texas now, expanding)
01:46 Where to find inventory: WeHome500.com
02:05 How Iva gets deals direct-to-seller + “find buyers first”
03:03 Finding buyers + why Facebook Marketplace got harder
07:35 How she started: Brazil → America → 28 properties in 3 years
13:57 Wraps explained (subject-to + selling to an end buyer)
23:04 Who should NOT do creative finance + misconceptions
29:50 Creative vs reckless + due-on-sale clause + disclosures
35:13 Insurance, escrow refunds, and protecting all parties
38:44 Servicing companies + how to protect seller credit
40:04 Why you ALWAYS close through title + legal docs
44:31 Best way to find motivated sellers today (digital marketing)
46:13 Biggest beginner mistake: no CRM + no follow-up
51:42 Where to find Iva + how to refer buyers/bird-dog

Connect with Iva / WeHome500
Website + available homes: wehome500.com
Interested in referring buyers / bird-dogging? Start at: wehome500.com

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DISCLAIMER
We are not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated