Michael Miller on mortgage clauses
From He Left his 9-5 Using THIS Real Estate Strategy (low interest rate) | Micheal Miller (Ep 151) · · Brandon Turner
“The do-on-sale clause gives the bank the option to call the mortgage due if the property sells, but that right doesn't obligate the bank to foreclose — often they prefer the consistency of payments.”
On , Michael Miller, Chief Financial Officer, Executive Vice President of Finance & Director at INSTALLED BLDG PRODUCTS INC, spoke about mortgage clauses during He Left his 9-5 Using THIS Real Estate Strategy (low interest rate) | Micheal Miller (Ep 151) on Brandon Turner.
About Michael Miller
Michael Miller, who holds roles including Chief Financial Officer and Executive Vice President of Finance at Installed Bldg Products, has appeared on podcasts and interviews discussing real estate investment strategies, product licensing, higher education, and community publishing. On a May 2025 episode of the Better Life Podcast, Miller described using creative finance methods such as subject-to acquisitions and private debt to acquire real estate, stating that "sub2 as a strategy is probably dying as a primary strategy" due to higher interest rates. He also said that "the best acquisition strategy for off-market deals, in my opinion, is always cash" and that "most people have retirement accounts they don't even consider part of their money," advocating for the use of self-directed IRAs in real estate. In earlier appearances, Miller discussed his work as director of product partnerships at NCH Corporation, where he said he reviews about 10 product submissions per day and emphasized the importance of non-disclosure agreements and defined intellectual property. He has also spoken about his career in higher education, having presented at over 550 colleges and universities, and about his role as publisher of Miami Community Newspapers, a family business his father purchased in 1960. Miller has described his approach to success as "getting up every day and doing the thing you do" and has said he would create a foundation for personal responsibility if given the resources.