The Creative Financing Podcast

On this episode we talk about what is a lead or deal and what is not. and specifically what are the deal killers that we can identify up front so that we don't waste our time creating offers and following up with sellers. 

The the BIG ones are: #1 Purchase price. #2 Downpayment. #3 Underlying debt. #4 Length of term. #5 Property needs to much work for asking price.

There are of course other factors that will kill the deal, but these are the ones that can quickly be identified. 

And to get special access to a step by step video on how to structuring offers text CFP to our hotline at 877-409-8090 or click here.

On this episode we talk about how to scale the output of creative offers.... hint hint- it takes practice first and foremost! As an investor if you can make a cash offer in 2 minutes, then with some practice you should be able to make some creative financing offers in 5-10 minutes. Again this takes practice and the best way to implement that is to make a creative finance offer along with every cash offer you make. Also to scale you need to decide what your specific criteria is and stick to it, i.e. if your preferred cash on cash return is 15% on rental property then run your numbers at 15% when taking into account cash flow and total cash invested. Once you define your criteria then you can create a spreadsheet to help automate this process. Happy investing!

And to get special access to a step by step video on how to structuring offers text CFP to our hotline at 877-409-8090 or click Here.

On this episode we talk about how to scale the output of creative offers.... hint hint- it takes practice first and foremost! As an investor if you can make a cash offer in 2 minutes, then with some practice you should be able to make some creative financing offers in 5-10 minutes. Again this takes practice and the best way to implement that is to make a creative finance offer along with every cash offer you make. Also to scale you need to decide what your specific criteria is and stick to it, i.e. if your preferred cash on cash return is 15% on rental property then run your numbers at 15% when taking into account cash flow and total cash invested. Once you define your criteria then you can create a spreadsheet to help automate this process. Happy investing!

And to get special access to a step by step video on how to structuring offers text CFP to our hotline at 877-409-8090 or click Here.

On this Episode we interview Adam Hall who is a Landlord, Flipper, and Developer. He did his first creative financing deal back in 2005. Since listening to our podcast, Adam has been motivated to ramp up the amount of creative financing offers he makes and in the last 3 months alone, he has bought 3 different properties using creative financing. We also talk about a deal he is currently purchasing involving a Reverse Mortgage and using a Land Trust for short term financing as he plans to flip the property. In all of these examples, take note how using creative financing strategies has greatly reduced the out-of-pocket cash required to purchase the deal therefore reducing the risk, and lowering the barrier of entry involved in executing these deal. Happy investing! and check out our step by step video on creating multiple creative financing offers HERE!

On this Episode we interview Adam Hall who is a Landlord, Flipper, and Developer. He did his first creative financing deal back in 2005. Since listening to our podcast, Adam has been motivated to ramp up the amount of creative financing offers he makes and in the last 3 months alone, he has bought 3 different properties using creative financing. We also talk about a deal he is currently purchasing involving a Reverse Mortgage and using a Land Trust for short term financing as he plans to flip the property. In all of these examples, take note how using creative financing strategies has greatly reduced the out-of-pocket cash required to purchase the deal therefore reducing the risk, and lowering the barrier of entry involved in executing these deal. Happy investing! and check out our step by step video on creating multiple creative financing offers HERE!

Yet another On The Spot offer creation. In this series Jeff puts me on the spot to come up with one creative financing offer on a duplex that brings in $1200/month with an underlying payment of 550. This is an interesting one because of the underlying debt on the property. This is a very typical scenario, this is a lower end property with not a whole lot of room for cashflow or payment to the seller especially to cover the debt service. Listen in and follow along. I come up with an offer and then on the next episode we go over the offers Jeff came up with and how he was able to wholesale the property for a profit. 

And to get special access to a step by step video on how to structure offers text CFP to our hotline at 877-409-8090 or click  here.

Yet another On The Spot offer creation. In this series Jeff puts me on the spot to come up with one creative financing offer on a duplex that brings in $1200/month with an underlying payment of 550. This is an interesting one because of the underlying debt on the property. This is a very typical scenario, this is a lower end property with not a whole lot of room for cashflow or payment to the seller especially to cover the debt service. Listen in and follow along. I come up with an offer and then on the next episode we go over the offers Jeff came up with and how he was able to wholesale the property for a profit. 

And to get special access to a step by step video on how to structure offers text CFP to our hotline at 877-409-8090 or click  here.

Yet another On The Spot offer creation. In this series Jeff puts me on the spot to come up with one creative financing offer on a duplex that brings in $1200/month with an underlying payment of 550. This is an interesting one because of the underlying debt on the property. This is a very typical scenario, this is a lower end property with not a whole lot of room for cashflow or payment to the seller especially to cover the debt service. Listen in and follow along. I come up with an offer and then on the next episode we go over the offers Jeff came up with and how he was able to wholesale the property for a profit. 

And to get special access to a step by step video on how to structure offers text CFP to our hotline at 877-409-8090 or click here.

Yet another On The Spot offer creation. In this series Jeff puts me on the spot to come up with one creative financing offer on a duplex that brings in $1200/month with an underlying payment of 550. This is an interesting one because of the underlying debt on the property. This is a very typical scenario, this is a lower end property with not a whole lot of room for cashflow or payment to the seller especially to cover the debt service. Listen in and follow along. I come up with an offer and then on the next episode we go over the offers Jeff came up with and how he was able to wholesale the property for a profit. 

And to get special access to a step by step video on how to structure offers text CFP to our hotline at 877-409-8090 or click here.

In this episode Jeff again puts me on the spot to learn how he structures terms on a 5-Plex. He gives me the property info from one of his leads and leaves it up to me to create some terms. The best way for you to benefit from these episodes is to grab a financial calculator and follow along. You'll notice in these episodes that the constant factor in creating terms ALL revolves around one thing.... the monthly payment you can offer your Seller. In order to determine that you need to know a few things:

#1- what cash flow you need a month for your desired ROI, known as Cash-On-Cash Return.

#2- what operating expenses are associated with the property i.e. water, sewer, garbage, taxes, insurance, and property management if you choose not to self manage.

#3- what underlying debt is on the property and the monthly debt service if any.  

Notice that in these offers we are showing the Seller how they can Net more money over a period of time by carrying financing.

To get access to a special video on creating offers text CFP to 877-409-8090 or click here