EP119 Your Questions Answered about Seller Financing

Published: April 23, 2018, 5 a.m.

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When it comes to Finding the Money for your purchase of a home or investment property, Seller Financing can help you avoid traditional lenders while setting terms that work for both the buyer and seller.

From a seller's standpoint, seller financing can help you maintain a steady income, while spreading out the tax consequences of a sale.

But with the passage of the Dodd-Frank Consumer Protection Act, a lot of investors are unsure whether Seller Financing is still a viable strategy.

Luckily, the RPOA held, and recorded, an expert panel at it's annual conference where we discussed how Seller Financing works, the legalities to be aware of, and how to do it right.\\xa0 Here are the experts you will hear from:

David Hill, a Real Estate Attorney with Barnes & Thornburg LLP.\\xa0 His specialties are Real Estate and Finance Law.\\xa0 David was also a guest on the podcast \\u2013 episode #12

Justin Workman, a Residential Redevelopment Specialist, landlord, investor and home buyer.\\xa0 His company is Work\\u2019n It Properties LLC, and Justin has experience with various types of seller financing.\\xa0 Justin was also a guest on the podcast \\u2013 episode #3, 51 & 67

Javier Rodriguez, a real estate broker at Lake Michigan Realty Management who has sold over 500 properties in Kent County.\\xa0 He\\u2019s also a former loan originator with experience providing his clients with seller financing options.

Steve Whitteberry has 10 years experience as a real estate investor in West Michigan.\\xa0 He\\u2019s done fix & flips, buy/repair & holds, and he\\u2019s purchased properties using seller financing and has sold four properties using Seller Financing out of his Self-Directed IRA.\\xa0 Steve has been on the podcast several times, Ep #19 & 20

There is a lot of great information packed into this episode that I know you're going to enjoy and profit from.\\xa0 Please take a moment to go to itunes to give us a five-star rating and review.

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