What is Seller Financing?

Seller financing is simply the art of getting a seller to finance a real estate deal. In this case, the seller is the bank.

They will negotiate a down payment (if any), they will allow you to make payments to them at an agreed upon rate and length of time, and you can even negotiate the interest rate (if any).

Have you noticed the theme here? Everything is negotiable and there is NO banks involved?

That means you don’t have to go through a mortgage approval process.
That means you don’t have to make large (if any) down payments.
That means you can find rates and terms that make sense for both you and the seller.

What is really cool is that the time in which you can get one of these done is a couple of hours to a couple of days. That’s it!

Yes, you could start looking for a house in the morning and by the end of the day, own it without going down to a bank and signing personally for a loan.

This is what makes owner financing so powerful, so amazing, and a strategy that you’ll need in your portfolio of offers.

How To Use Owner Financing As An Investment Strategy

The purpose of this strategy is NOT to more…

I believe that in order to dominate my market, I have to be everywhere.

People need to see you as the expert.  You want to be everywhere they go.  Plus, I believe that the Internet is the perfect place to reach your target market as an investor.

A successful broker in Dallas once told me that 80-92% of all people who are looking to buy a house now search the Internet at some time during their process, looking for a deal, and that right now is the perfect time for bringing your investing business online.

So, because I believe that the Internet can be a powerful player in this challenge and in any real estate investor’s marketing methods, one of the first tasks I took on was to create 2 quick, little sites.

Now, they only took me about an hour or so to create a piece and they are not pretty, but I believe the payoff will be well worth it.  These sites will help me capture online, motivated and interested prospects and will increase the amount of overall business we do.

You’ll notice that the ONLY purpose of the sites is to more…