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With tons and tons of competition out there today and inventory at an all time low, how can you separate yourself from the competition, easy..... have more tools in your tool belt and offer better solutions to the sellers who have little to no equity. Create a deal where there is no deal, learn the benefits and drawbacks of creative financing.
This episode goes over the basics of using a financial calculator and why it's so important when crafting creative financing offers. This is a must have skill in the world of creative financing! and understanding the time value of money.
This is a great episode to recap all of the strategies we previously discussed on the show. We go over each strategy individually, discuss the pros and cons and under what circumstances you may want to use them. Whether it violates the Due on Sale clause and transfership of title.
This Bonus Episode was recorded live at a monthly Wholesale Meet Up that Jeff and another successful investor hosts. The Meet Up was titled An Interview with a Local, Successful Wholesaler. Jeff dives into his business and answers questions from the audience.
In this episode you'll learn under what circumstances a seller would take a second position mortgage or trust deed on their property and how to structure the deal. This is not a common or widely accepted strategy, but regardless it's one you should have in your tool box for when the opportunity arises.
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