Seller Financing: How to do No Money Down Real Estate Deals with Kevin Toston and Lou Brown
Author: admin // Category: Seller Financing
These “No Money Down” deals are actually seller financed properties. That means that instead of paying the seller the entire purchase price at settlement, when you close the deal (which is the typical scenario) you will actually pay the purchase price in increments over time. Just like you pay a mortgage payment. The key to doing this is negotiation with the seller.
Watch this video of REI veteran Lou Brown discuss how he goes about convincing sellers to seller finance properties he’s interested in purchasing. Lou Brown has been investing for over 30 years and has never used a bank loan for his investment properties.
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Duration : 0:4:55
Sell My Note information on what private note buyers are looking for when evaluating how much a mortgage note is worth. 5 key elements note buyers look at to arrive at a discounted price for private notes. http://www.sell-my-note.biz
http://www.OwnerFinancingAnswers.com. In the popular “Owner Financing Answers” Series, Mike Watson answers Question #5: Should I buy with Owner Financing when prices are declining? This series will help you take advantage of incredibly low “Post-Bubble” real estate prices without “Help” from a Bank! Open the paper or turn on the TV and all the so-called “experts” agree: real estate is going down down down with no end in sight. You’ve probably been watching the prices drop month after month and thought “if I only had some money I’d go snatch up some of these drastically reduced homes!” You are right! With foreclosures and short sales abounding, everyone should be buying RIGHT NOW! Prices are incredibly low and higher rents are providing amazing cash flows. The only problem is that the shell-shocked banks won’t touch you with a 10 foot pole without a 720+ FICO score and a 20%+ down payment. What if you could purchase property without a mortgage? I know this idea seems crazy on the surface, but just humor me for a moment as I ask the question that could change the course of your life forever… How many properties could you buy if you could secure unlimited financing without asking a bank or mortgage company for their funds? The question seems outrageous, I know, but only because you don’t know that my partners and I are buying more “cash flow positive” properties than ever before… all without “help” from the bank! In fact, we are literally buying up whole blocks in depressed areas of the country, all without credit checks and down payments. The only thing limiting me right now is that I can only pay attention to so many deals at once. Securing reliable financing is the least of my worries. So how am I able to invest so effortlessly? “Seller Financing” is the holy grail of real estate investing! Check out www.OwnerFinancingAnswers.com to watch free 20 videos where I answer 20 tough Owner Financing questions! – Mike Watson
Allonges should NEVER be used to prove ownership of a mortgage note. (And yet another smack at MERS) | Matt Weidner Law
http://www.us-mortgage-buyer.com aka, U.S. Funding Solutions, Inc., is a national mortgage buyer specializing in buying Owner Financed Mortgage notes as well as Deeds of Trust, privately held commercial mortgages (that include real estate) and Land Contracts.
CASH CASH CASH! NEED I SAY MORE?
http://papersourceonline.com
Wake up PAYPAL, funny that this video has been here over 2 years and no one has issued a rebuttal. People please realize whether buying or selling you are at the mercy of Paypal when it comes to your money. http://money.cnn.com/2008/02/08/smbusiness/paypal_funds_freeze.fsb/index.htm