I’ve told my famous F-150 story about 1,000 times (that’s why it’s famous). But what exactly is seller finance and how can you use it to build out your real estate portfolio? Watch this training - creative real estate explained - to learn how you can buy anything with creative finance…
❎ I am 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎
Creative financing is an innovative technique used in real estate that allows buyers and sellers to structure transactions in creative ways—and it can be an invaluable tool in helping you close more deals!
With creative financing, investors are able to purchase properties without having the full amount of money upfront, giving them the ability to leverage their resources and increase their buying power.
Sellers can also benefit from creative financing, as it gives them access to a variety of options to sell their home beyond the traditional routes.
With PD Creative, we will guide you through the various techniques and strategies for utilizing creative financing successfully in your real estate deals.
We’ll provide you detailed answers on how it works, when and where to use it, how to structure these types of transactions, and the potential risks associated with each type of creative financing.
Learn seller financing step by step with Chris Goff and Bo Manry of REIPro. Seller Financing is one of the Most Profitable Real Estate Investing Strategies that every Investor should know.
On this training, You'll Learn…
✔️ You’ll discover How to Find Seller Finance Deals and how you should market them.
✔️ How to Structure a Seller Finance Offer and Purchase them without Bank Financing.
✔️ You’ll learn the 4 Ways you can Profit with every seller finance deal.
✔️ Seller Finance Exit Strategies.
What is Seller Financing/Sub 2's and Wrap-Around's❓
The business of creating financing to purchase properties. This allows you to sell acting as the bank, receiving monthly payments, without the use of any lending institution involved in the transaction. When you seller finance property from sellers you can buy property without a credit check or applying for a loan.
👍 Let’s look at some the Benefits of Seller Financing Real Estate:
• Little to no money down. • Low fixed interest rate. • No bank qualification. • No credit checks. • Lower closing costs. • Will not show up on your credit report. • Easy to sell to another buyer.
The advantages of seller financing are we pay the seller a fixed interest rate (lower than bank financing), we pay the seller a small down-payment or better yet no down-payment (lower than bank financing), we pay lower closing costs than bank financing and owner-financing does not show up on our credit report.
Owning several properties with bank financing is a negative mark on your credit report. It’s great that you own many properties and probably have positive cash flow every month and have increased your net worth. However, the banks only look at how much debt you are carrying, and it could be in the millions.
00:00 Introduction to Seller Financing 01:41 The 3 Financing techniques 06:25 What is Seller Financing? 07:14 Works for Every Type of Real Estate Investor 08:57 Investor Benefits 12:24 Types of Seller Financing 13:12 Subject to Existing Financing 13:37 Wrap-Around Mortgages 14:44 Wraps VS Sub-To 17:33 Reasons Sellers Agree 20:37 Finding Seller Finance Deals 21:14 Seller Finance Example 24:59 How to Structure Seller Finance Offers 28:12 Seller Finance Exit Strategies 29:29 How to Profit with Seller Financing 38:29 Search Seller Finance Deals in REIPro 46:28 Marketing Seller Finance Deals 50:03 Evaluating Seller Finance Deals 51:19 Running Comps 53:27 Seller Finance Offer in REIPro 54:51 Understanding Your Exit Strategy
Remember those playful Energizer Bunny ads that hopped across our TV screens, ending with the catch phrase: “It keeps going and going and going.” The same could be said for Arizona’s strategic push to become America’s prime hub for battery manufacturing.
The Pending Home Sales data from the National Association of Realtors (NAR) is one of the most timely measurements of home sales activity in terms of monthly data because it measures sales contracts as opposed to closings. 2023 was off to a strong start with big gains in January followed by another modest improvement in February. March's data was expected to follow suit with a 0.5% increase, but the actual number came in 5.2% lower. Throw all of the above on a chart along with the past few years and it looks like this:
To be sure, context matters if we're going to use words like "strong." The past two months of gains were only really strong relative to the very low numbers seen at the end of 2022. That's fine though. We shouldn't expect a resounding surge back to long-term highs in an environment where inventory remains excruciatingly tight with rates still uncomfortably close to multi-decade highs. NAR put the blame on inventory this time around, with Chief Economist Lawrence Yun saying "The lack of housing inventory is a major constraint to rising sales. Multiple offers are still occurring on about a third of all listings, and 28% of homes are selling above list price. Limited housing supply is simply not meeting demand nationally." But it wouldn't be unfair to consider that the relatively higher rates in March had an impact as well.
📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm
TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq
💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr
📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5
✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK
📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie!
The former Treasury Secretary said monetary policy lags, credit crunch risks, and the Fed's need to tame inflation increase the odds of a US recession.
When people ask me questions about their creative finance deals the number one problem that I see is that they haven't asked enough questions to the seller. The video you're about to watch is one of the most important videos you will ever watch in sales, creative finance, or wholesaling. Enjoy!!
❎ I am 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 or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎
In this video Jerry breaks down everything you need to know to acquire a list of sellers, skip trace for the phone numbers and text or cold call those sellers!
Podcast fan? Listen to your favorite Flipping Mastery TV videos on your favorite podcast platform! http://FlippingMasteryPodcast.com
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
**NOTE: To Download any of Jerry's FREE training, tools, or resources… Click on the link provided and enter your email. The download is automatically emailed to you. If you don’t see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: support@flippingmastery.com or 888) 958-3028.
Eventbrite - Capital Fund 1 presents Real Estate Investor Spring Meet Up - Thursday, May 4, 2023 at Event Center, Tempe, AZ. Find event and ticket information.
In this training, I will share with you a quick visual on how a seller finance wrap around mortgage works when working with someone in pre-foreclosure. Any time a seller has an existing mortgage, you will do a wrap-around contract, subject to the existing financing. There are two ways to structure a wrap-around mortgage with the seller depending on if they want cash or not.
👁 Who is Chris Goff? Chris Goff started Real Estate Investing in 1999. Chris didn't have any money to work with, so he was interested in learning 'no money down' real estate strategies. Since then, Chris has spent the last 2 decades building wealth in real estate along with building the #1 Real Estate Investing Software Program for Real Estate Investors… REIPro.
*Thank You! I would personally like to welcome you to our family where we actively seek the future. I’m just trying to inspire you to get started in the cash generating business of real estate investing. I’ve have helped thousands of people like you make thousands of dollars. Whatever your real estate investment goals are, I wish you much success. I will do everything within my power to help you become financially independent, and help you love to be alive. Be sure to subscribe and click the notifications bell to be notified of my newest training videos.
Steve Forbes decries a new "utterly perverse" Biden Administration housing rule which punishes homebuyers with good credit by forcing them to subsidize buyers with poor credit.
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
SCOTTSDALE, AZ - Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Reserve, a contemporary apartment community in the high-end Kierland neighborhood of North Scottsdale.
In this interview, Ryan Zomorodi (Co-Founder & COO of Real Estate Skills) speaks with Pro Wholesaler VIP Students Adam & Luke on their success since being in the Pro Wholesaler VIP Program!
This video showcases Adam and Luke's inspiring journey into real estate investing during the 2009 market collapse. Over the course of 8 years, they successfully wholesaled the majority of their deals! In this video, they share their valuable insights on how they implemented virtual wholesaling into their business, which helped them to grow from cold calling to the MLS (Multiple Listing Service).
One of the highlights of this video is how Adam and Luke went from paying thousands on marketing to spending $0 on marketing using the MLS (Multiple Listing Service). They also explain how they used the Pro Wholesaler VIP Program's step-by-step roadmap to elevate their real estate investing business to new heights.
But that's not all, the video also covers how they evolved from wholesalers to fix & flippers, giving you a glimpse into their continued success and growth in the industry. This is a must-watch video for anyone looking to make a name for themselves in the competitive world of real estate investing.
If you’re interested in real estate investing and want to learn how two of our Pro Wholesaler VIP Students became successful investors, this is a must-watch video!
In this interview & Pro Wholesaler VIP Program Review, we cover these highlights:
✅ How Adam & Luke got into real estate investing in 2009 as the market collapsed!
✅ Adam & Luke over the course of 8 years wholesaled the majority of their deals!
✅ How They Implemented Virtual Wholesaling Into Their Business!
✅ Their Strategy Switch From Cold Calling to MLS!
✅ Went From Paying Thousands on Marketing on Average to $0 On Marketing Using The MLS!
✅ How Adam & Luke Used The Pro Wholesaler VIP Program Step-By-Step Roadmap To Elevate Their Real Estate Investing Business
✅ How They Evolved From Wholesaling To Fix & Flipping Houses!
✅ How They Were Able To Diversify Into Different Markets Across The United States!
✅ How They Proved That The Pro Wholesaler VIP Process Worked For Them Across The Country!
✅ Adam & Luke Give Their Best Advice For Beginners Just Starting To Get Into Real Estate Investing!
00:00 Intro 00:55 How did Adam & Luke Get Into Real Estate Investing? 03:44 120 Deals Later How Many Were Wholesaled? 05:36 1st Lightbulb Moment 7:00 2nd Lightbulb Moment 08:00 Implementing Virtual Wholesaling Into Their Business 09:15 What Was Their Strategy Evolution to Get Deals? 11:06 Costs for Marketing Before The MLS 11:38 What Adam & Luke Learned From Acquiring Deals Using The MLS 17:58 1st Important Lesson Learned From Deals Along The Way 25:11 2nd Important Lesson From A Deal 27:49 How Many People Are They Doing Deals With? 28:46 The Evolution of A Real Estate Investor 35:42 How Did They Get Into Different Markets 40:25 How Digital Can Wholesaling Be? 43:55 Advice To Beginners Just Starting 52:34 Closing Thoughts
👇 Want to learn how to Wholesale Real Estate anywhere in the USA? 👇
Listen to this episode from AZ Big Podcast with Michael & Amy on Spotify. Josh Hartmann, CEO of NexMetro Communities talks about the build-to-rent boom in Arizona.
📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm
TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq
💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr
📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5
✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK
📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie!
Tenant BAILOUTS have crushed many real estate investors. Now the FED is talking about a rental price corrections that may cause massive foreclosures on rental properties.
Thank you @ThisisJohnWilliams , Real Estate Investor & YouTube Educator, for your time on our show.
Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor.
Any information provided in this and any of Sachs Realty's videos and/or descriptions are for entertainment purposes only and not to be construed as broker representation, legal, financial or tax advice. All content written, spoken or implied is for informational purposes and deem to be accurate, but not guaranteed. It is your sole responsibility to verify any and all information for accuracy and correctness.
Todd Sachs or Sachs Realty is not representing you unless you have a written representation agreement. This is not an advertisement for a property for sale, and if you're currently represented by another Real Estate Brokerage, this is not an attempt to solicit your representation.
Sachs Realty is REAL ESTATE WHEVER YOU ARE!
Looking to buy or sell? We efficiently assist buyers, sellers, landlords and tenants in Maryland with both residential and commercial real estate services.
NOT IN MARYLAND? We offer nationwide assistance to buyers and sellers through our PREFERRED BROKER REFERRAL of great real estate professionals like us!
If you're in need of residential or commercial assistance, you can always expect timely, reliable and top-notch service from Sachs Realty or any referral agent we recommend.
What's your real estate need? We want to hear from you! Email Todd Sachs directly at ts@sachsrealty.com with your inquiries.
Main Office: Sachs Realty 443-318-4514 Maryland Broker License Number 607720 Equal Housing Opportunity
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