58: Seller Financing and Creative Financing Strategy with David Campbell

Released Nov 20, 2015

What is “seller financing” of real estate? Why might you want to use it? David Campbell of Hassle-Free Cash Flow Investing is our guest today. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn:

01:14 Keith is in coastal San Juan Del Sur, Nicaragua today.
05:18 What is seller financing?
08:06 Why use seller financing?
10:08 Examples of creatively structuring a purchase offer with seller financing.
13:42 When a buyer needs to educate a seller. Hint: talk about the “benefits” to motivate the seller.
21:07 Other names for seller financing are: seller carry, carry-back financing, “subject to,” “carrying paper.”
21:58 The Due-On-Sale Clause.
23:53 What part of the market cycle does seller-financing work best in?
27:58 How do you FIND a seller-financed deal
28:49 Drawing up documents for a seller-financed contract. Use a Letter Of Intent.
30:46 Risks with this technique.
31:58 When you sell your own property, why you should offer seller financing.

Resources Mentioned >

Resources: HassleFreeCashFlowInvesting.com – David Campbell’s website, full of investor educational resources. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com – that’s where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone’s home screen! We would be so grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com