I would pay market value only in the creative financing scenario "depending on the property location", especially in the area of sub leasing, more specifically, AirBnB Arbitrage.
I have paid market value when the seller has agreed to carry a note. A favorable note, without a personal guarantee, is enough compensation for me to pay at or close to market value (less repair costs). BUT, I will keep the monthly payments low enough for ample cash flow (usually mo pmt is 50% of rent). For a subject to deal, I have paid at close to market value on houses where there was enough appreciation to compensate me for my risk :)
What will qualify you for 10% down? Thru these money lenders? I don’t have assets I think. Also is a realtor writing this agreement or a or title company for creative deal?
Hey Jamel, question, does the current market affect creative finance deals the way it affects wholesale fix-n-flip deals with the transition from seller to a buyer market, wholesaler's have to adjust how much they offer motivated sellers and fix-n-flippers seeing houses sitting on the mls longer not selling.. is creative finance deals affected by the market, if so, how and what adjustments should investors be making??
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Yeah I would do it after watching this video thank you
I would pay market value only in the creative financing scenario "depending on the property location", especially in the area of sub leasing, more specifically, AirBnB Arbitrage.
Will you do a video of a live call going through your script so we can know how to do it the best?
Real Estate Seller Scripts (For Real Estate Investors)
ua-cam.com/video/MvIBmr4B9LA/v-deo.html
@@jamelgibbs do you have a proof of funds letter people can use?
I have paid market value when the seller has agreed to carry a note. A favorable note, without a personal guarantee, is enough compensation for me to pay at or close to market value (less repair costs). BUT, I will keep the monthly payments low enough for ample cash flow (usually mo pmt is 50% of rent). For a subject to deal, I have paid at close to market value on houses where there was enough appreciation to compensate me for my risk :)
Would you pay market value for a home where are the systems such as plumbing, electrical, HVAC and roof are all outdated?
What will qualify you for 10% down? Thru these money lenders? I don’t have assets I think. Also is a realtor writing this agreement or a or title company for creative deal?
Hey Jamel, question, does the current market affect creative finance deals the way it affects wholesale fix-n-flip deals with the transition from seller to a buyer market, wholesaler's have to adjust how much they offer motivated sellers and fix-n-flippers seeing houses sitting on the mls longer not selling.. is creative finance deals affected by the market, if so, how and what adjustments should investors be making??
It works in any market