🚨 SUBJECT TO IS OVER? The Real Estate Scandal Nobody Is Talking About
A Florida company called BG Ventures Investment Real Estate quietly acquired over 120 properties using "Subject-To" deals — promising sellers relief from foreclosure, promising private lenders 15-20% returns — and then made ZERO payments. Not one. On any of them.
The result? 32+ foreclosure lawsuits. Sellers with destroyed credit. A retired military veteran still paying a mortgage on a home he no longer owns. Private lenders watching their retirement savings vanish. And an entire real estate strategy now under a national microscope.
In this episode, we break down the full BG Ventures collapse, what it means for creative finance, and answer the question everyone in this industry is afraid to answer: Is Subject-To actually over?
⏱ TIMESTAMPS
0:00 — The Victims: Real Stories, Real Damage
3:00 — What Is BG Ventures & What Did They Do?
6:00 — How It All Unraveled (32+ Foreclosure Lawsuits)
10:00 — The Sellers Left Behind: Jose, Christian & Jonathan's Stories
14:00 — Inside the Machine: Corey Miller (Agent on 60 Deals) Speaks Out
20:00 — Ella Ray (Transaction Coordinator) Reveals What She Found
27:00 — Pace Morby & Jerry Norton Respond to the Scandal
30:00 — The Truth: This Was Securities Fraud, NOT a Sub-To Failure
35:00 — How Private Lenders Got Burned (And How to Protect Yourself)
44:00 — Is Subject-To Dead? Both Sides of the Debate
52:00 — What Needs to Change: Regulation, Reform & Real Talk
58:00 — Final Verdict & What You Need to Do RIGHT NOW
🔥 WHAT YOU'LL LEARN IN THIS EPISODE:
Exactly how BG Ventures structured 120+ deals and pocketed millions
Why this was a securities fraud scheme — not a Subject-To failure
The #1 mistake every private money lender in this deal made
How to vet any operator before you hand over a single dollar
What sellers must demand in writing before signing ANY subject-to agreement
Why Pace Morby and Jerry Norton are NOT responsible — and who actually is
What's coming next: FBI involvement, class action lawsuits, and new regulation
📋 THE FACTS:
120+ properties acquired across Florida
$0 in mortgage payments made on most deals from Day 1
32+ foreclosure lawsuits filed in Florida courts
Private lenders promised 15–20% returns — placed in second lien position behind the original mortgage
Properties left vacant, yards overgrown, HOA violations stacking up
Sellers still legally responsible for mortgages on homes they no longer own
One veteran's military security clearance now at risk
Source: WJXT / News4JAX I-Team Investigation, February 2026
⚠️ IF YOU OR SOMEONE YOU KNOW WAS AFFECTED:
Contact your state Attorney General's office, the FBI's Internet Crime Complaint Center at ic3.gov, or a licensed real estate attorney immediately.
🔗 RESOURCES MENTIONED:
WJXT I-Team Investigation: "Mortgage Gamble" — news4jax.com
Pace Morby's Sub 2 Community Safety Badge — sub2.com
Jonathan Pressly Lawsuit — Bay County, Florida Court Records
Florida Foreclosure Filings — Florida Public Records Portal
📲 FOLLOW & SUBSCRIBE
If this opened your eyes, SUBSCRIBE so you never miss an investigation like this. Hit the 🔔 bell. Share this with every investor, agent, and lender you know — this information could save someone's financial life.
Drop a comment below 👇 Were you affected by BG Ventures? Do you think Subject-To is over? Let's talk.
Reach out to Joe and Alex!
Joe Homs (The Experienced Investor)
➡️ http://www.joehoms.com
➡️ http://calendly.com/joepellego
➡️ joe@joehoms.com
➡️ Instagram.com/joehoms
➡️ Youtube.com/joehoms
Alex Barnett (The New Investor)
➡️ https://calendly.com/AlexREI
➡️ Alex@trustinghouse.com
➡️ Instagram.com/thisisalexbarnett
➡️ youtube.com/@thisisalexbarnett
A Real Estate Investing Podcast. Join Joe Homs (The Experienced Investor) and Alex Barnett (The New Investor) as they share market insights and investing advice. From flipping to rentals, from mobile homes to multifamily! For investors with all experience levels.
Joe is Realtor, Investor, and Mentor with over 40 years experience. Full Time Real Estate Professional, house flipper and a mentor to many of his clients. He is here to help you get top dollar for your home or get you the best price for a home that you are going to live in. He has over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. He have sold over 600+ homes in the last ten years alone. He is a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home.
Alex has been investing in real estate since 2021. He found a niche in the affordable housing space. He flips mobile homes in Southern California and buys co-living properties nationwide.
Дата на публикация: 2 март, 2026
Категория:
Друго
Харесайте ни във Facebook