How to Secure Amazing Real Estate Deals Using Seller Financing - Free Investment Tutorial

[@demontreten]

Love the Detail

[@ChrisGoff]

Thank you!

[@EuphoryaRealty]

God bless you for this Chris. Thank you.

[@ChrisGoff]

You are very welcome

[@mikep4869]

Technology is a great benefit to analyzing REI. This app is slick. I wish it was around when I was knee deep in BRRR's, rentals & flips. I love the seller finance concept as a way to exit your holdings. I've played the bank for investors buying, but never as an exit for myself. Retired now, so debt investments make more sense to me for cash flow. Thanks for sharing.

[@ChrisGoff]

Thanks for sharing!

[@Dline27]

Was in the boston rei tonite great stuff love your content! Execution is exactly what holds me back I have been slowly putting in all of the pieces trying to find the right attorneys title companies and learning about the strategies but it is execution and everybody wants a lot of money to teach the execution

[@ChrisGoff]

Awesome! Thank you!

[@edmandell3064]

Great video. Where do you get a seller financing purchase agreement from? Is it best to have an attorney draw one up?

[@ChrisGoff]

Thanks for the comment and question. I always go through and attorney.

[@pedroramires5049]

I bought a land owner financing but i don't kno if the seller did land contract. I do have the trust deed one. .. but if i sell a land for owner financing i will ask the agent that i want to sell with land contract so like that ill keep the trust deed.whend they paid me $$$ then i will transfer the deed

[@ChrisGoff]

Contact the county and see what was filed to be sure there is a deed recorded.

[@JerryCarter-vn8tg]

Jerry Carter I need to learn this how can i learn thou you

[@ChrisGoff]

I can personally teach you if you enroll in my coaching program. You can learn more at: www.chrisgoffrealestate.com/coaching/

[@shyshy1ful]

Hi, i'm a little confused.. So how much goes to the seller each month using these numbers and terms?

[@ChrisGoff]

If you include taxes and insurance, they would receive $1,790.31. If the taxes are included in the payment, $2,433.31. Just look at the Offer summary, and that will tell you how much the seller would receive each month as well as for the duration of the agreement.

[@pedroramires5049]

Wy is it hard to find agent to sell ur Land for owner financing. Do they make more $ if they sell the Land for cash or owner financing. Im ready to sell my land owner financing but having trouble with the agent i told the agent to place my lamd for $150k owner financing.and she did not she place it in the mls for cash $.. if it was cash $ i only want $80k

[@ChrisGoff]

Sounds like they want to make sure they receive their commission upfront.

[@rafaelbenz6375]

What a great video! I'm about to become a licensed broker in Colorado & have been very interested in seller financing & assumptions for myself as an investor but also for clients that can't buy ideal properties in these current interest rates. How much is REIPRO mthly?

[@ChrisGoff]

You can do it! Check out our website at www.myreipro.com/ to see pricing and features.

[@raym6415]

I do not buy your computation on minute 50 when you propose seller-financing the seller-financed house at $62k profit. There you picked both the price and the terms to come to that $62k profit but per your own suggestion, in that case, you are no longer a motivated seller.

[@ChrisGoff]

Not sure where the confusion comes in but when I seller finance it back out after I fixed up the home, I’m not a motivated seller. Maybe you can clarify your concern.

[@raym6415]

The idea of seller-financing what you seller-financed is OK. But in your analysis when you did as one of the exist strategies (seller financing again), you ended up picking the terms and the price, so you came up with $62k profit. That is the part I am having n issue with You picked the terms and the selling price

[@ChrisGoff]

Of course I did, I own the property and want to maximize profits. Hope this helps.

[@raym6415]

So I hope it is clear that it appears to be a paradox. That is against your original advice.

[@ChrisGoff]

@@raym6415 when negotiating with a seller that owns a property in need to repairs, yes you are correct that either the seller can pick the price or terms but not both. Otherwise, it wouldn’t make sense to purchase the property. Once you buy the property and put money into it, so you can increase the value, seller financing is one exit strategy I would use to maximize my investment. When I sell, I pick the terms and the price. Just like any seller would or any financial institution. Hopefully this clarification helps.