YFP Real Estate Investing 34: Deep Dive: Seller Financing
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Nate Hedrick and David Bright do a deep dive into seller financing and how it can be a win-win for both buyer and seller.\\xa0
Key Points From This Episode
- Nate gets us up to speed on a rehab deal he\'s started work on.\\xa0
- Introducing today\'s hot topic; seller financing!
- Touching on \'subject to\' seller financing and why it\'s a little less prevalent at the moment.
- We first define seller finance and cover the basics of how it works.
- A reminder to send in your questions; we want to cover what matters to you!
- Unpacking a case study, we get into detail with structure and when it\'s the right fit.
- Transparency and putting money in straight away to get the equity up.
- Discussing the freedom to create a win-win situation for you and the seller.
- Recognizing the ways the seller will be acting like a bank.
- David shares some risk-mitigation nuggets for this kind of deal.
- We get specific with the numbers and see how David came out on top.
- How having a team ready to go made all the difference!
- Hear about the cons and risks; paying above market value, prepayment penalties, and more!
- What scenarios might make a seller interested in this, and aligning your incentives.
- David shares some parting advice on how both sides can protect themselves.
Links Mentioned in Today\\u2019s Episode
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