The Creative Financing Podcast

On this episode Jeff goes over a deal that he has been working on and really breaks it down by the numbers to show us that by looking at a deal in just one other way how the opportunity becomes clear, and how to create a win/win for everyone involved. He dives into the details and demonstrates how to look at a deal from a Buy & Hold perspective in order to show how a property produces a return for the investor and specifically a good cash on cash return.

This is important to learn because if you have a property that you're looking at where the numbers don't quite work for a Fix & Flip, maybe the seller needs too much or owes too much money, you can analyze the deal as a Buy & Hold where you don't need to spend as much to to get the house in rental condition and by taking that into account the deal then works because less cash is needed up front. If the deal can produce a 10%, 15%, or higher Cash on Cash Return as a rental property then it may work for you or you can certainly find another investor that it will work for and wholesale it! This is how you make deals work.

On this episode we answer questions from callers. We love to help people learn Creative Financing and if you have a question in specific or if you want to run a deal past us to see how we would structure it please give us a call at 877-409-8090 That is our Hotline. No one will answer, so feel free to leave a voicemail. We love to hear from our listeners and fans so please keep the questions coming. We greatly appreciate your ear!

This episode is all about the documents you need to place a property under contract, what you should disclose to the Seller, and assigning the contract. Jeff goes over the contract and disclosures he uses in his business, clause by clause. And really the point of this episode is to convey the simplicity of these documents so that they do not become the obstacle that holds you back or prevents you from doing deals, because so many beginners get stuck on this one matter alone, So DON'T let this one thing stop you from pursuing your dreams in Real Estate Investing! Enjoy.

On this episode Jeff goes over the multiple mistakes he made on a recent Seller Finance deal and how to avoid them up front with a little more due diligence. Jeff explains that if he had obtained some key information up front he would have made more money on the deal also listen closely to how he found the deal and also the exit strategies he plans on using. This is a simple deal but yet it is very creative and was a win/win for the Seller, the Agent, (who couldn't get the property sold) the Buyer and Jeff. It does't get any better than that. Enjoy!

Substitution of Collateral is an advanced strategy that involves substituting the secured asset or property for another asset or property of equal or greater value. This strategy is very creative because you can use funds from one money source to finance multiple property or deals. The Note stays the same but the Trust Deed or Mortgage changes to include the new asset or property! And as you sell the current property or "collateral" the proceeds can be held in an ESCROW account until you find another property to finance. The beauty in this strategy is being able to use the same money source, Note and Terms you created with one Seller to fund multiple deals in the future. Listen in and learn how Jeff got a Seller to agree to Substituting Collateral on a principal balance of $385,000 at 2.5% interest. Can you borrow money at that low of an interest rate? Thats how this deals goes from good to phenomenal! using Creative Financing.