U did this one perfect. Started quick on subject. Good material & needed attention.

WOW! This video blew my mind! You guys are the BEST!!!!!!!!!!!

Thank you I’ve been looking for more information about this 😊

Awesome video, im going into this negotiation way more prepared. Thank you

Just found you guys. I like your podcast. Great content on selber financing

The platform (KZread) has been of great help but I don't feel it's enough because most people don't easily understand what they watch but learn fast when they have someone guiding them.

Could you possibly go into more details about the mobile home deal Ashley mentioned? Would love to hear an episode dedicated to mobile home investing.

What’s the difference between term and amortization period? I’m understanding it as the same thing but clearly am not understanding right…

Great Information. Good video

very informative! ✍🏾

Random question: where did you get that spinning lower third? So cool!

this channel seems worth subscribing

Great video!

This video is amazing for seller finance. The best one i've found yet. Even better than all the ones who claim to have invented it.

@nickobrien8043

Жыл бұрын

Yeah nothing a lot of people do that. Or at least the gurus

Thank you.

Great content.

Please make this close captioning so I can "hear" you. Thanks!

Very important video,

@RealEstateRookie For an investor will my payments go directly through the original home owner or do they go directly to the bank? Can the original home owner take payments and not use the money to make payments on the mortgage causing the investor to end up losing their property?? Thanks

Great video! So if in the future you decide to refinance the property, do your monthly payments to the seller stop at that point? Thank you

@geoc7086

Жыл бұрын

You pay off the property owner with the refinance money. Only reason to refinance is for a Greta valuation than what is owed to pocket tax free money

How does conveyance work with owner financing?

Considering options for passive and residuals while considering being out on the road part time....hmm?

I'm interested in getting into RV park investment too! But I don't know how to manage the park and hiring park manager. I have a day job and can't manage the park myself.

@Mrm1k_eth

2 жыл бұрын

Same here. I wanna learn that also. We should talk.

A lot of people find it difficult to make firm decisions when it comes to investing.

@evelinabrev7403

Жыл бұрын

The platform (KZread) has been of great help but I don't feel it's enough because most people don't easily understand what they watch but learn fast when they have someone guiding them.

can you recommend or discuss how to send/collect payments? after you have a deal in place, who do you use to service the payments? what companies you recommend? also what if you want to make extra payments to save on interest, will the mortgage service companies calculate and keep track of that? thanks

@ewlinitis

Жыл бұрын

Exactly my question . Who will make sure this deal is in contract and that payments get taken care of.

@Max_did_that_creations

Жыл бұрын

@@ewlinitis Thats whta I want to know!

@travisfelchlia1162

5 ай бұрын

This is “THE” question! I’m struggling to figure out how to get payments to the seller. I just bought a deal in seller finance and I’m trying to find a service company to do so

How to search info on any loans on a few properties that you maybe considering while shopping in OUT of town? While here 👂 for consideration to help ezzz my research for clear and better options?

@JeffMacey

Жыл бұрын

If you want to shop for properties out of the state. Get connected with any realtor who has access to a title company. They'll be able to give you the property and loan details from their title company. You can pay a title company for those details it'll cost you.

The pseudo-mini balloon payment mentioned at yr 3 or whatever is great. Im currently looking for deals thst can be 100% fin. Or no down payment possibilities. Will add to my "creative fin." List. Thank you!!!

Your near me. I live in pittsburgh. Would be cool to meet and talk about current deals.. Ed

I have a question would be really helpful if I got a reply that would help I want to buy my first piece of property but with my current job which is my main source of income I don't qualify for a loan the property is worth 90k I can probably come up with around 40k to 50k to put down but I was trying to see if I can cut a deal with the owner to make a down payment and pay the rest over time do you think such agreement is possible if so how should I go about doing it

If they have a loan on the property you could do a wrap mortgage.

@hollywoodclipp

Жыл бұрын

Explain

What will happen to the capital gains tax of the seller if you use this strategy?

@MrJMR718

Жыл бұрын

The seller pays deferred taxes or smaller tax payments on the installment payments

How should a make my payments to the seller once a buy the company? Can anyone tell me ?

We are wanting to purchase my husbands fathers childhood home. Its not currently owened by family. Was built in 1912. The whole first floor needs flooring and entire kitchen needs done. Was some water damage. Its listed for $94,000. 4 bedrooms. What sould we offer? Where do we start? Please help!

m.... lo than ... well key is the term right n ... good one.

For seller financing deals with a balloon payment after 15 or 20 years, do you still use a 30-year amortization schedule? And is it a traditional 30-year amortization schedule where the interest will be mostly front loaded at the beginning?

@briancerda8996

Жыл бұрын

you absolutely can you could amortize 5,10,15,50 years

If the property is listed but you want to introduce the option of seller/fi or subto ....aren't you obligated to go through the agent? What are the ethics involved? Thanks in advance.

@ConUSMC

Жыл бұрын

Be honest to the agent and make sure they know they’re getting paid

@jareddix9519

Жыл бұрын

Financing doesn’t necessarily involve the agent. They should still be paid if the agent is the facilitator of the deal.

@jordanalexander9303

Жыл бұрын

From what I’ve heard and done research on is if you’re looking to seller finance an on-market property, then you’ll need to pay the agents their commissions. If you try to pitch to the seller to go through seller finance without a good down payment then the agent can talk the seller out of it because they want to get paid. The way to avoid this is by finding off-market deals where you’re dealing directly with the seller and no agents are involved.

@pyrochickhop8339

Жыл бұрын

If on market, YOU can pay the agent commission, then no waiting to see if it slips away before you get a deal.

I’m frustrated maybe it’s cause I’m new trying to wrap my brain around understanding seller financing

A specific example would have been better. With numbers but still helpful thanks

How exactly is title to a home sorted out throughout the seller financing process? I guess what I’m asking is what are the behind the scenes steps that you have to take in order to actually get the deal done, aside from the specific terms of the deal, if that makes sense.

@patrapper7367

Жыл бұрын

Yes that is rarely ever mentioned in any of these broadcasts from anybody

@Adrianthegreat1

Жыл бұрын

? What do you mean the seller still owns the property technically they’re just loaning you the balance and you make payments on it. When you pay it off fully in 5 10 20 years or whatever then you fully own it. Only steps you have to take is call sellers and agents and offer and explain benefits of seller financing which is they pay way less taxes and get more then they ask because of usual interest included. Then you negotiate terms and send the paperwork to the agent or seller for the seller to sign which would include purchase/sale agreement and promisory note. May be other contracts different states use so talk to your local real estate attorney if possible. But yea once seller signs everything you would have a title company or closing attorney arrange the closing depending which state you’re in. Would be best if title company or closing attorney understands these type of creative finance deals whether you go with your own or the sellers.

@leroydzurita502

Жыл бұрын

I might be wrong but, the sellers title company will transfer the deed to the buyer and buyer will sign a promissory note to purchase the home.

@DarelJettSmith

11 ай бұрын

I’ve been searching for a video like that everywhere but no one covers it for some reason

@amandarankine

11 ай бұрын

​@@Adrianthegreat1❤

Is there a more nuts and bolts podcast about this? I find it hard to believe I can scribble on a napkin , I john Smith intend to buy (address) and not get my money stolen by another investor...I'm gonna need more

How do you draw up the contract? Are you going to a real estate lawyer or should you attempt to create a contract yourself?

@MrJMR718

Жыл бұрын

RE Lawyer

When it comes to financial growth diversification is key; that's why I engage in prolific investment based on projected growth and get help from a professional as well.

@ASfbbtrade

Жыл бұрын

No one has ever become a Billionaire by working for others and depending on what they earn as an employee. Good investment yields millions of dollars and consistency yields amazing results.

@infowazz

Жыл бұрын

@@ASfbbtrade Getting that seller finance is so cool. My credit sucks and i have no collateral. I'm looking to get a car wash or laudromat. Something simple and boring. Codie Sanchez has a great channel for this.

I felt like this could have been titled differently. Still great information though.

Ashley, you should buy a mic holder

My family has great credit and need down payment and closing cost assistance and our agent told us that the seller of the house we want to purchase could help us with down payment and the closing cost mortgage loan that we qualify for can help us with the closing cost which I don’t know if that is possible or not my parents are first time home buyers and I don’t want anything sneaky or scam like to happen especially because we don’t know too much and im the only one who has more of an understanding about all this I do wish to be a future realtor or loan officer sound cool and I just want more knowledge

@brandysoto

Жыл бұрын

We have had to get a second opinion and the second opinion ran our credit and got us a higher loan price then before and the first opinion my parents literally had to pay off credit debt and all our savings went to doing that I really just need help on understanding what our agent is trying to do based off of what we got pre approved for

@goldencity777

Жыл бұрын

@@brandysoto try and find a for sale by owner property , where you don't have to go through the traditional banking system.

New at this… Who holds the deed in seller finance deal?

@BouRealEstateInvestor

Жыл бұрын

I believe the seller until deal is done I can be wrong tho

@jorgecaicedo1982

9 ай бұрын

@isisa.1348. The seller

Guys… buy the air pod pros already…..

could you explain how to attract private fund, credit partners of all types, when you are new and credit isnt 700 how to get them to fund you with out even a co-signer. Gurus teach it but doesnt tell you how to get it or where to get it. They give you this generic list of people but when you contact them they havent done it in yrs or not at all. Im tire of buying programs that doesnt help. Also give examples on white board instead of talking about definitions no one teaches any more

Sorry but hurry up to the point.. love and light…. bs about dms haha and all the junk in between..

The worst video on this topic