Attorney Talks Seller Financing and How to Pitch it

Поділитися
Вставка
  • Опубліковано 29 сер 2022
  • 📖 BUY One Rental at a Time amzn.to/3jt3JFx
    📣 Audible Version Here amzn.to/3jtLDTQ
    OR
    🏆 Buy 15 Conversations with Real Estate Millionaires amzn.to/3JwEsVm
    📸 INSTAGRAM: Please follow. Daily original content! / onerentalatatime
    📬 (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: 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: bit.ly/3uDrkHq
    💸 Get Money Right: This course is about making you the CFO of your money. It shows your 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: 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: 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: bit.ly/3hdMbgK
    📣AUDIOBOOK: amzn.to/3jtLDTQ
    PLEASE LEAVE 5 Stars!
    *** Tag me on IG with a book selfie!
    🧢 MERCH:
    I have created some fun merchandise designed by my daughter.
    Check out Merch Page here: one-rental-at-a-time.myshopif...
    DISCOUNTS TO ONE RENTAL AT A TIME FOLLOWERS!
    🏘 HEMLANE: Get your 30 Day Trial here: www.hemlane.com/users/sign_up and if you decide to buy Mention ZUBER and get a 20% discount Year One.
    🙋‍♂️ MATT THE MORTGAGE GUY is NOW NATIONWIDE: Go to greatmortgagebroker.com if you need a Mortgage or Refinance. I HIGHLY recommend Matt the Mortgage Guy. Email him at matt@mattthemortgageguy.com and let him know One Rental at a Time sent you and he will give you a discount.
    📈 COINBASE (Bitcoin): I bought some Bitcoin/Ethereum late last year. Coinbase gave me this link referral link so we both get $10 when you sign up! www.coinbase.com/join/5fb54c0...
    🏠 VELOCITY MORTGAGE: When I started, I only had two options for deals: bank loans or hard money. NOW, Wall Street wants to fill a void in the market! Velocity Mortgage gives much better rates and more flexible terms for investment properties that used to go hard money. Please email Steve Dao sdao@velocitymortgage.com and let him know I sent you!
    🏃‍♂️ EXPERTS: We do our EXPERT Series 6 Days a week and have MULTI Millionaires talk to us weekly!
    ✅ Monday: Greg Dickerson
    Developer, Business Owner and Start with just a Truck and a Toolbox
    Listen to Greg Dickerson HERE: bit.ly/2R9afXi
    ✅ Tuesday: Matt Hawkins
    9th Grade Drop Out, House Hacking and Lumberjack Landlord
    Listen to Matt Hawkins HERE: bit.ly/3eEyoOI
    ✅ Tuesday: Omar Alfaro
    Real Estate Entrepreneur, Broker, Flipper, Luxury AirBnB, etc)
    Listen to Omar Alfaro HERE: bit.ly/3bjmO9m
    ✅ Wednesday: Anna Kelley
    REI Mom, Retired on Rentals, Apartment Investor, Luxury AirBnB, etc
    Listen to Anna Kelley HERE: bit.ly/3fbeslp
    ✅ Thursday: Johnathon Twombly
    Syndicator, Multi Family Expert, Large Deal Expert, etc
    Link: Https://multifamilylaunchpad.org
    Listen to Johnathon Twombly HERE: bit.ly/3tEmTL9
    ✅ Friday: Ty Leon-Guerreo
    #1 Networker, Real Estate Agent, Investor and Mentor
    Listen to Ty Leon-Guerreo HERE: bit.ly/33AKAtq
    ✅ Saturday: LIVE STREAM 8 AM PST (Most Saturdays)
    Listen to Live Streams HERE: bit.ly/3bjnMmh
    ✅ Sunday: Laura Morby
    Top 1% Agent, Entrepreneur, Landlord and Investor
    Listen to Laura Morby HERE: bit.ly/3f8FQjW
    🔊 PLAYLISTS:
    🔑 Daily Financial News: OVER 2 Years of Daily Financial News bit.ly/2QbtTBG
    🔥 Hot Take: Single Topics that Come up Once in a while bit.ly/2RFwELU
    👩‍🎓 Student Reviews: Hear what other students have to say: bit.ly/3y1aB2V
    🚶‍♂️Walk Throughs: I am still Buying Properties: bit.ly/3bi7ie7

КОМЕНТАРІ • 41

  • @lisafaireymusic
    @lisafaireymusic Рік тому +3

    Thank you so much! What I really needed to see. I have not done a seller finance offer but that is my goal for the next buy.

  • @reganhillebrecht430
    @reganhillebrecht430 Рік тому +2

    This channel is the best for investors. Mike is an ordinary guy with an amazing way to teach others the reality of investing. Love the 3 amigos and all the weekly investors that teach their expertise. Addicted to this channel.

  • @lorenagonzalez8063
    @lorenagonzalez8063 Рік тому

    Love it!!!!

  • @waynemiller6070
    @waynemiller6070 Рік тому +3

    I LOVE this stuff. Great video!

  • @brandonshambach9357

    Great info in the time machine😊

  • @ChrisRexroat
    @ChrisRexroat Рік тому +5

    My thought is to do a 70/25/5 or 75/20/5 and do a seller second on a 1% interest only 30/15 term and then say a year or two into it ask them if they want to settle for say 25 or 50 cents on the dollar. Would love to hear how to handle that as they are accepting less than the lien amount on title. Just get a satisfaction?

  • @Susan.Beavers

    very informative. currently working with a seller on seller financing. ❤

  • @UltimateBargains
    @UltimateBargains Рік тому +2

    Real estate price doesn't concern me as much as sensible payment terms.

  • @MikeJones-mx5je
    @MikeJones-mx5je Рік тому

    Any strategy to discuss (of course not a lawyer or accountant) about taxes at the balloon other than if they've transitioned into a lower tax bracket. Ive done where we extend the note or pay half and write/revise new note but other options? Taxes are often the discussion.

  • @ryanwalthuis1928
    @ryanwalthuis1928 Рік тому +1

    Would this work for someone who owns a property outright. There is an elderly man that owns a condo and I keep asking him if he’s interested to sell but he keeps saying he is going to fix it up to rent but he has not even touched the property in 15 years and he is 75. I’m trying to find a way to convince him. What are your suggestions?

  • @reganhillebrecht430
    @reganhillebrecht430 Рік тому

    How about if they default the building becomes yours again and now you can resell at current value regardless of paydown

  • @pattyharris1962
    @pattyharris1962 Рік тому

    Seller financing is going to be my strategy when the crash occurs.

  • @lisafaireymusic
    @lisafaireymusic Рік тому

    Would you ever have a realtor/third party negotiate seller financing for you?

  • @scottc6946
    @scottc6946 Рік тому

    I’d be skeptical of seller financing due to 1) I’d be worried about the risk of default 2) I’d want a much higher rate like 4 to 5% return which people probably would balk at

  • @roberthayden1527
    @roberthayden1527 Рік тому

    I own an apartment building and have over 50% equity in the building (easily). The building gives good income with room for more growth. If I decided to hold the note (seller financing) on a future sale, could my current lender call my current loan?

  • @jayflaggs

    What happens when the seller has a "due on sale" clause and the bank calls your loan?

  • @Trojandan1331

    Does the seller have to pay taxes on the full amount when they do seller finance?

  • @trentslusher317
    @trentslusher317 Рік тому

    1st…lol