What BANKS Don't Want You to KNOW!

[@KennedyVerbruggen]

Really, banks require more regulation. The entire idea of banking as "let's gamble" is terrifying. Because they discovered in 2008 that the government will always bail them out, there are no repercussions. These bank crisis are so worrisome. This whole financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. And this is only the beginning!

[@brantheeskimo]

Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply focus on diversified investments through a financial advisor, collect my profits, which I either spend or repeat the process. Never been this comfortable with my finances.

[@jorgeHudson-h4h]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@PremSteve-yg4de]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@jorgeHudson-h4h]

REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.

[@antoniaribeiro8073]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@michaelschiemer3]

The bank crisis isn't over yet, and experienced individuals know credit crises don't end quickly. Some find it amusing that some think it's resolved, but in reality, we're headed for a major economic downturn due to this credit contraction.

[@Rachadrian]

After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

[@Dantursi1]

A common oversight is that banks operate solely in the service of yield. Personally, I am hesitant to keep substantial sums of money in a bank. Instead, I opt to invest under the guidance of experts, reap the advantages, and diligently save for my retirement.

[@SteveEstrada-js9nu]

@@Dantursi1 How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@Dantursi1]

credits to Annette Christine Conte one of the best portfolio manager;s out there. she;s well known, you should look her up.

[@SteveEstrada-js9nu]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@MikeJones-tx6iu]

Thanks for completely unpacking the process. So 10% down✅, $4-500 lawyer fee✅, home warranty $800✅, title fee✅. Great straight forward info…no gotcha’s. Appreciate the info Mr. Turner 👍🏾❗️

[@valerieirvin249]

This is great news !!

[@crand20033]

On a $500 thousand dollar house you are talking about $60,000 dollars. No way.

[@ashdiva86]

And thank you for breaking down even more for the slow folks in the back like me 🤚🏽 😂😅

[@TEMPLECARE-61920]

YOU FORGOT "INSPECTION & MR TURNER'S FEE! 😀 IT'S WISE TO GET THE HOME INSPECTED; AM SURE WAYNE & HIS TEAM ARE NOT WORKING TO LOCATE PROPERTIES FOR FREE. I GUESS TO SPARE US THE STRESS HE LEFT THAT OUT 🤦

[@whatta7793]

​@@crand200334-10% down is normal even with a good credit score and conventional borrowing..

[@madajuarez7073]

We bought our home that way! We finished paying it and now we owe it free and clear. Just be careful and do a lot of research and make sure there is not outstanding debt in the house and who is the owner and that person is decent and she or he is not going to rip you off. Many things to consider. Trust your gut. Good luck to everyone out there

[@WilliamEllison]

I doubt it.

[@madajuarez7073]

@@WilliamEllison it was not easy and took us decades, I almost give up too. Many tears and working hard, still it was an uphill situation. For the regular people with no support that are trying to survive this is not a fair game to play, it seems we are always handled the short stick. Be relentless about your dreams. Don't give up. It is possible, think outside the box. I am not saying it is easy, because we went to hell and back, just don't give up.

[@lakeshiaellis6855]

Bought my 1st home this way

[@lindageiling5922]

No one really owns their homes or u wouldn't have to pay taxes , stop paying n see what happens , taxes u r renting your home n property. If the govt decides to take your home they can illegally. It's called. Land grab

[@shecaptain3444]

You said it right. You owe it free and clear.... to the tax man.

[@leslietaylor1570]

My first home was rent to own. Second was owner financed and the one I’m in now that is paid for was a bank repo and got it for 1/2 the asking price. 40 acres and a house 😁

[@KamiAmwash]

As far as owner financing goes, what was the criteria that the owner wanted from you before he was satisfied enough to move forward with the contract ? Credit, income etc..

[@MzMagniff]

​@@KamiAmwashyou'll have to @ her

[@Thesakuraharona]

Nice! Well done you! I applaud your success. Wow.

[@leslietaylor1570]

@@KamiAmwash we did a contract through a lawyer.

[@beezrow]

My grandmother bought her house rent to own, after renting the house for many years

[@nancysiegel6951]

I did it 3 times. It worked perfectly for me. The banks said I didn’t make enough money to qualify. I never missed a payment ! It can be done

[@thatsworrisome]

👏 Great job!

[@lazyk8262]

Hawaii real estate developer here, I like the fact that you tell the people the truth, most don't as you must know... Aloha.

[@JESUSHELPUSHEisLORD]

Exactly

[@sophiewallace8662]

Developer? You're a land rapist. A greedy bastard. Don't know how much hell you put land and people through.

[@Sammie_E_Tellem]

Exactly!!!!

[@relaxationsoundsambience2724]

@lazyk8262 Homeownership in Hawaii isn't easy. The most expensive state on earth even sells dilapidated houses for a million dollars. A solid home in Oahu-Honolulu is at least $2 million and even that requires updates.

[@WD40318]

Hola

[@carolyncarlson6410]

I bought my home this way, figured amortization longhand & showed the math every month w/option to pay more on principal also option to miss 2 months per year due to hardship. Paid in full in less than 10 years❤

[@TonyLevon]

🔥

[@TheRealWayneTurner]

Awesome!!

[@michaelholder3933]

I bought one like this to flip. Have six percent on ten years. I made phenomenal money on the property thru sweat equity. To do this though you have to know how to do inspections, know basic wireing and plumbing, my wife actually taught me how to finish sheetrock.Make sure you have a tittle company you can trust to register your contract. If your contract isn't registered you have no legal claim to the property.

[@michaelholder3933]

@@carolyncarlson6410 Sounds like you did your homework. I'm in Eastern Tennessee and looking for another property. It's hard here. A junk two bedroom one bathroom runs 60/80 k in Cleveland.

[@carolyncarlson6410]

@@michaelholder3933 Hope it works out for you. My place was trash when I moved into w/racoons n weeds up to the roof in places. I just started doing what I could & turned it over to my son in 2012 as I relocated to Iowa. He keeps working on it & the only thing it really needs is a little paint outside It was solid & I saw potential Hope you find a good home too-

[@Jeremy-gl4nr]

I bought my almost 5000 sq.ft. property this way. It was 30,000 dollars with a 2000 dollar down payment. 400 a month at 8 % . It sets on 4 city blocks and it's beautiful! I will have it played off mid next year! I got very lucky, thank you Jesus ! It works very well, but look out for the scammer.

[@RicardaWindsheimer]

This bank crisis is so far from being over. Anyone who has been around for longer than 12 years, knows a credit crisis isn't over in two weeks. Makes me laugh seeing folks thinking this was all over so quickly. We are seeing a credit contraction that is gonna lead to a major contraction.

[@SarachiWowa]

In my opinion, some of these banks were attempting to restructure their bond portfolio, which involved selling their low-yielding bonds despite the potential loss, and compensating for it by buying higher-interest-rate bonds on the open market.

[@Lubumbemusongo]

I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?

[@DeborahMunsaka]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@renatal1972]

My first house was a government repo, I paid $64,500 for it, lived in it for 5years fixed it up and sold it for $230k to buy the house I’m in. When my dad passed I inherited his paid of property and a carried loan that he had for his business he owned, so I get payments every month from that for the next 27 years.

[@hackman3]

wtf 😒 you got your dads money and your happy he got you out. NOT EVERYONE IN THE AMERICA HAVE Parents. id like to see you try with your dads money 💰

[@nellim9239]

Sorry I did not understand from what you get payments ? Thanks

[@KARLOS121]

@@hackman3what are you on about?

[@mjohnson1741]

​@@hackman3Very true!👍 Ironically I was just watching a video about generational wealth. Most who've benefited from it are nonchalant and arrogant about it. They'll call others losers and scold them for not living within their means.

[@brian_vb]

@@hackman3what a peacock. Why you mad cause your parents did nothing in life

[@jasonboyd9458]

I just went through a divorce and now I'm rebuilding my life at 43. I'm renting right now but I looking to buy something in 2 yrs so I saved your name

[@peggymccabe5090]

Going thru the same thing to Jason 😅

[@nivekoch]

Same situation. I need a house asap for me and my three boys..

[@nathanielwarner5852]

I'm going through a similar situation now... as I'm in the process. Wish everyone the best, and remember to stay in tune with God. As you'll persevere, gain strength and peace. Keep your head up and remain focused

[@mrsm482]

Good luck. 😊

[@ezreview256]

As much as I want children, hearing my age group going thru this makes me avoid marriage!! 😎

[@Ann-MarieGibbs]

This is literally the most thoroughly speaking professional i have heard so clearly, detailed, direct, but simple. You gain a sub here. 🎉

[@kingempress1524]

Me too I mean my brain is literally going through this and he broke it down. What an angel thank you.

[@TheRealWayneTurner]

Thank you!

[@HugeHeart13]

I did this with 2 1/2 acres of raw land in Arizona. The owner of the land didn’t depend on my payments because they were wealthy and could afford to allow me to put a cash payment down of only $5,000 and $374/month at high 10% interest rate through first American title company and made my payments to the title company. I took a huge hit with the 10% interest to pay it but within a few years, I split the property into acre lots and sold the back lot after selling my home on the other lot and made an absolute fortune. That 10% interest I paid monthly was absolute after the math was done when I sold both properties.

[@nellim9239]

Did you make money after all ? Thanks

[@mango1632]

​@@nellim9239 The answer to your question is already in his comment.

[@jeremyhula931]

You can find these homes for sale without calling a real estate agent. Many areas of our country right now are so desperate to sell their homes they will do it without a down payment or a very small down payment.

[@JK-zl7vv]

Back about 30 years ago, if a veteran purchased a house under a VA loan, that veteran could sell his house with a buyer (non-veteran) could purchase his house with just a dollar down, and anyone could assume that VA loan without a credit check, the bank just needed your contact info to put it under your name, that is how I purchased my first house, its too bad they no longer seem to have that same program any longer.

[@josephfielder2164]

I am a veteran in this exact situation. My ex has gone through the process to purchase my va loan house. It is a refinancing process but as I am the vet I am allowed so much( like 650k in total va benefit towards home loans) I bought the house in 2020 at a 2.9% loan. My ex wife has to refinance at close to ten or whatever it is now. She qualified to buy it but has outstanding debt the bank is making her pay off before we close. So I think the point I want to make is even though I have 650k of va loan benefits available my credit only allows so much purchase power. So I’m living in a tent twill she can afford to pay her past debts acquired before we met paid off and close on her loan.

[@alchemicalsoul]

It's technically under the same terms. Guaranteed by the lender.

[@hdskl2150]

Amen this is what I want. I’m a single mom to a disabled child and can’t get a loan even through my rent costs more than house payments would.

[@aliciar.miller6521]

Research tax lien, tax deed and wholesale properties. You will not have a mortgage payment.

[@dalywildkat]

​@aliciar.miller6521 what would she have? Zero payments monthly?

[@aleckallal7379]

Amen

[@aleckallal7379]

I have a rec for the loan.

[@dalywildkat]

@@aleckallal7379 what's that?

[@Dave_East]

Banks are crumbling one after another as a result of the uncontrollable market.. Could there be any potential in the stock market for a boomer like me? I am working on an approximate estimate of $3M for retirement.

[@RicardaWindsheimer]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!Read more

[@HersderaNilers]

Well, I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is the individual who helped you, and is he or she still around?

[@RicardaWindsheimer]

Stacy Lynn Staples ‘is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@SarachiWowa]

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

[@chrissieburke727]

@@Dave_East must be nice

[@caribbeanbound8357]

Most people who are selling need the money immediately so that they can put it toward their new home loan. Most wouldn't be ok with letting someone pay them for 30 years. I have sold property this way and its a great option though.

[@talleysartstudio]

This is how I sold my house. I didnt bother with credit check. Not only did they always pay on time but they also had insurance and paid the property taxes. Every bank denied them. I went through the title company and they did all the research. We didn't need an attorney. I was fortunate that The buyer was also a property inspector. We basically cut out a few people and saved money. I don't recommend selling a house without an attorney but know that it can be done if you know the laws in your state/county.." As is" means just that in the contract outside of building regulations.

[@ClydeLowe-p5p]

I did this and it works great. The owner and I only dealt with Title Company and that's all. If you get the owner to agree with the sale, the title company will do everything for you. No real estate fees, no banks. You pay your payment to the title company only. When you finish, the title company does all the paperwork and you get a clear title then.

[@michaelballard676]

It sounds great, but home prices on average are about $450k which im sure you know. That makes the down payment $45k and add to that another point or point and a half in interest rate, feels like it becomes 6 in one hand, half a dozen in the other. But it is great to know that there are alternatives to the traditional ways of home buying and its awesome that you took the time to put this information out and make ppl aware

[@aliensallaroundus1126]

IF THEY CAN GET THE APPRAISAL BOARD IN FRONT OF CONGRESS OR A JUDGE FOR THE ILLEGAL WAY THAT THEY ARE APPRAISING PROPERTIES THE COST OF HOMES WOULD FALL DRAMATICALLY

[@tweeze2700]

That part your not getting no dam property in Northern California for no 200k look at these guys accent this some dam were in Texas or Mississippi 🤣🤣🤣

[@realtorjuanita]

@@aliensallaroundus1126I’m curious how is the appraisal process illegal? Not asking to start an argument. Just truly curious.

[@1OAK_X]

@@tweeze2700 then you need to move

[@truthbetold2354]

You do realize that there are great houses in great towns all across America that under 100k ?

[@KeepHealingSis]

I’ve purchased a few homes using this method. It works and it works great. This is also a good tome to purchase a home this way for many reasons.

[@paulawalters8838]

Hi am a single mother looking to buy a mother daughter house, but only have the down payment. Can you tell me how to find these homes. Thanks. 🙏🏽

[@AprilGarciaDfw]

Can you share more information and tips on buying homes? I'm a single mom as well

[@nicolemerritt7051]

Yes info please!

[@Caveman76.]

​@@paulawalters8838 nobody likes to help anyone anymore. Its turned into a sad world

[@Hoosierdaddyjones812]

You mean on contract, that's how I've been paying for my house now for 12 years. There is no need to refinance. I should be paid off this next year. My payment is 700 a month, but i pay 1100 most months. Knock down the principal and interest fast.

[@pamelahall9459]

I did the same.

[@chriscruciat2469]

It’s great but 95% of sellers will not agree to vendor financing because they need the money upfront

[@NKbutnot]

We focus on the 5 %

[@ia6980]

More like 99.9% want $ upfront

[@NKbutnot]

@@ia6980 so focus on the 0.01 % again .. what you focus on expand. You can decide and tell your mind that 99 % won’t or tell it things always work out for you. I can tell you this 100 % work and that’s how I started. But .. gotta work on mindset first. You create your own reality. If you don’t believe you can you’re right.. if you believe you can you’re right. So pick, scarcity or abundance 🤷🏾‍♀️🤷🏾‍♂️

[@panama2468]

Most people want the money of front, so what makes you think that homeowners trying to sell a property are going to just be the bank now, and essentially wait for you to pay off the entire loan of the home that you're buying ? Maps perhaps it works in Niche market, and perhaps you cater to that Niche market, but this isn't going to work for most people, in any country

[@deborahcurtis1385]

@@NKbutnot Exactly. I'm also getting the idea of buying land that's zoned residential on those vendor terms. Then buying a home that's being upgraded to a new one that's being sold to remove, and relocate it. Needs a lot of checks and definitely you need money to do this. But overall the costs will be less.

[@dhakadboss7143]

there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal

[@jennydiez8020]

Scam

[@truthandlife4101]

I know this works , my dad done it many years ago , it helped a struggling young family, thank you for bringing it up. Best of luck as it will not work in Australia any more Greed Rules !

[@MommaBearsCorner]

they need to bring back loan assumptions. is how I did it years ago. all you needed was what owner wanted, and they could take over the payments... banks make it a hardship today. careful. NEVER DO IT FROM ONLINE! TOO MANY HOME SCAMS GOING ON.

[@rockstarofredondo]

We tried to do a loan assumption and B of A refused to even speak to us about it because the owner was deceased. What’s crazy is we had the income and then some, and they ended up having to sell the home at auction at a loss.

[@obsoleteprofessor2034]

Good info: remember you can always send an extra $50 a month and pay down the loan quicker. Just make sure whoever is taking the payments properly accounts for the extra payment and interest saved and keeps the amortization updated. Banks used to offer collection accounts and made the calculations as soon as the payment hit the bank. Also...ask who will be taking care of the paperwork to clear the loan off county records once the loan is paid off 15-20 years later. Once it took me 8 months for people to get moving on filing the release (at their cost). Keep all your receipts!

[@THISISTRISH-d3j]

I feel hopeful. This guy is so honest and straight forward. Thank you 🎉

[@NobodysFool4444-s6w]

Only way we could've bought our house was if / when our rich friends bought it for us and we paid them back over a span of five years. We've long since paid the house off, the bank didn't get a single penny and i love that.

[@SAAAlvar-tq3ox]

Your videos are always so informative and delivered in an easy to understand way - and I always learn something from them - thank you so much for this! I truly appreciate it. 🤗

[@faithncountry]

Yessss! I think this is one of the best channels on YT

[@mediocreman2]

That's crazy that a bankruptcy can be cleared in three years, but I have a negative record on my credit that won't clear for 7 years.

[@rozchristopherson648]

A bankruptcy may be discharged in 3-5 years but the court. But it is not removed from one’s credit report for 7-10 years.

[@freegee3503]

ANY negative reporting can be removed with in a month or so. There are many videos on how to do so. 👍

[@arlenebayron2448]

I have 3 years left on my bankruptcy.. been 7 years. Can’t wait

[@arlenebayron2448]

@@Roman-z7tI filed chpt 7 in Maryland. States 10 years on credit, I’ll contact credit bureau.. Thks

[@girl6girl6]

My problem is my credit score dropped to a zero from 800, after the last of my student loans aged off my report. The only loans I have ever taken out were my student loans, on 3 degrees. They are are paid off in full. I don't have one single derogatory item in my report, and I do not use credit cards. strictly debit. I thought I was being responsible. The credit bureaus want to act like my "history is too short" even though at the bottom of my report it says I've been tracked for 30 years. Have had the same E-Trade account for over 20 years. 2 years ago with 30K in the bank, I couldn't get a loan to save my life. Didn't understand. Went to credit Karma and saw how and why my score dropped. I got punished for not be being stupid and using credit cards.The solution everyone kept saying was get a secured card. ABSOLUTELY NOT. Why would I prepay a company to hold money for me, that I can use to prove I am a responsible and credit worthy? I proved it by not owing a single person on the planet a damn thing, loans paid off, and no debt at 46 APPARENTLY NOT. Resently, when I really needed a loan CareCredit for a sick pet, and I didn't qualify. Heart breaking... but it turns out vet was scamming me anyway. when I couldn't qualify they kept lowering the treatment. Finally they sent me home with some saline solution in a lactated ringers (cost $12 and you need a script), charged me almost $800.

[@TinaMyers-f4v]

I’ve took back several houses over the years .. one property 3 times and another twice .. finally sold one in 2019 ( wished I didn’t ) lol especially after prices on homes and rent went up starting in 2020 .. but anywho yes this is a great way to buy a house or like me sell houses .. been doing it since 2000👍

[@dutchesscocosmom2288]

Where are you located and what do you have?

[@chrisburnett9618]

Wayne, good information but in my experience of purchasing owner financed properties over the last 18 years I've never seen an owner willing to only accept 10% down. Individuals typically like round numbers so if they're selling a house for $350k then they might say they want $50k down--which is roughly 15%. The last owner financed property I bought was $600k and the seller wanted $100k down. Not quite 20% but still a round number. I agree with you that most owners don't necessarily require the 20% down that banks do but I'd say you need to be in that 15% to 18% range making it a nice, round number. Also, there are owners who offer OF specifically to prey upon bad credit buyers with those 2-3 balloon payments you mentioned. They're betting the buyer can't get their credit straight in 36 months so they'll get the down payment and foreclose on the property. Rinse and repeat. I've seen it happen. That's why I always insist on a minimum 7-year balloon and advise others to do likewise. Enjoyed the video.

[@tigerstallion]

usually the owner wants cash for a reason - theyre trying to buy another property, a new car, or something they had their heart set on. If you can give them enough for that, or trade them what they want, theyll be good.

[@Oshuin9]

Wow!!!😮😮😮 thank you for this... I didn't know this

[@joelspliffbeaudette3750]

This was the most pertinent in informative comment in the entire section. Thank you for sharing!

[@nellim9239]

What is 7 year baloon ? Thank you

[@tigerstallion]

@@nellim9239 you have to pay off the remaining loan balance at 7 years. usually the borrower will refinance with another institution before that point.

[@tommynikon2283]

10% down, Plus the ABILITY to make the continual monthly payments…who has NOT BEEN INCOME VERIFIED as being capable. I mention all this despite buying my first home on a DOT, private. Worked out great.

[@jsc2606]

great way to cut out the banks and trade directly with each other. It requires trust on both sides but offers an alternative route for many who fail the standard bank criteria.

[@troyblackford-dowell1178]

The downside to land contract is, the property is subject to possible loss, if there is a court judgment in a lawsuit against the seller. A court judgement supercedes a private contract.

[@jhssmith2004]

if when you buy the property you put it in your LLC, make sure that you have the deed and file it at the county records and get insurance on it. always check with a lawyer and laws in your state.

[@ShaniOnSinai]

I’m finna bust my ass with overtime and you finna help me. I just want a small home in Baton Rouge and it doesn’t even need to be that much!!!!! I’ll fix that house up with my own two!

[@jacksondarryl34]

😅😅

[@christieanderson1330]

Im glad I found this channel.

[@robertweekley5926]

I bought 20 Actes in West Texas, VTB, $200 Down, $100/Mo., x 7 Years! Net $8,500! If I'd have had the Cash, It would have been just $5,900! However, I bought it, starting whike I was Laid Off for a 3 Year Stretch! And yes, it was pretty easy, because they offered those terms, up front!

[@MissSuccessfulNovember]

Where did you search to locate that property?

[@ShanraePrice]

Thank you Wayne for sharing this valuable information.

[@rightright6582]

What r we doing wrong in the States? South of the border u can build a new house for $40/sf. Brick n mortar not out of cardboard like Bellair

[@nathanrathbun2619]

Regulations and labor costs.

[@charleswillams9501]

In Mexico you pay for it but never own it. The government can take it back with no money

[@hoboonwheels9289]

My son has been paying rent 3.5 years, hoping his landlady will be open as she remortgaged. I've drawn up a contract that includes rent to own for down payment and market value at time he and she agree the title will transfer. Do the legwork if you use a lawyer to reduce cost. I wouldn't use an inspector unless they have references, qualification's may not mean much.

[@chloealice53]

Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

[@torrencefranklin-n7z]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

[@pamelaanastasia-x6]

If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.

[@paulrichard445]

​I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella.. Highly recommended

[@angelamaria0877]

Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people

[@samuelowen-p5z]

​I'm also a huge beneficiary of her.. I thought myself and my family were the only ones enjoying Fenella trade benefits

[@copperamericanIdiangodess]

Wow wow wow I learned so much thank you for being honest I wish I had that much amount I would do it I wish that they would be able to take section 8 homeowner program

[@elephantintheroom5678]

If I lived in the US and wanted to buy another home I'd definitely get in touch with this man.

[@cfh4201969]

Hi Wayne, you RULE! I'm looking to buy this way since I recently ruined my credit. I'm only looking for a small cheap piece of land for around $20,000. Planning for a tiny home and a big garage

[@joshsmith7033]

No ones selling homes this way except to family. Dream on people....

[@schneider4414]

My dad bought our first house this way. I totally forgot about that until this video. Thanks for the reminder!

[@TheRealWayneTurner]

You are so welcome!

[@ruthreuter9813]

Depends on seller.. Iv had folks take a big chunk down.. then stop paying the mortgage.. be careful

[@flipdiva0007]

Unsure how that can happen. Most mortgages have due in sale clauses and have to be paid off before transferring title. I've done three seller financing deals and every seller owned their home free and clear.

[@RussellD11]

GREAT! then they take it back and keep the chunk of $$$

[@TracyH29]

​@@flipdiva0007We "owner financed" our house that had a mortgage on it. We had to do it as a lease purchase until they got a mortgage on their own. They were allowed to use the down payment they gave us as the down payment to get their mortgage.

[@TracyH29]

This is what concerns me about doing owner finance unless it's with an LLC.

[@scottguillot1431]

It all sounds good what he’s saying but why other extra fees for an attorney if you’re dealing with the property owner this is something that I would bring up before putting anything down you’re not going through a PMI and you’re not going through a bank. It just depends. You should get a contract with the owner, so you are protected yes you should get it inspected totally Hawaii varies. You could do monthly or yearly but beware of the owner. Make sure they have no liens owe anything, etc.. Do your homework before you put 10% down. You never know that not telling you everything I’m not showing you.:(

[@0annonymous]

I can clearly tell you for a fact from my own observation that flood zone depending on where you live can easily go out the window if your town has a good clean drainage system, and even UPGRADED it in SOME way OR ANOTHER Let's say some places are near a creek as you mentioned, if your town has an excellent drainage system, flood zone CAN go OUT the window, as long as those drainage systems are cleaned and WELL MAINTAINED

[@summyrrh]

WOW! You and this info is a God send!!!

[@MWT5428]

I like this whole idea, but I can’t do it for two years because I have to go with my daughter to East Carolina University while she goes to school there for two years and after that on I’m doing what I wanna do. So I’ll get back with you. Glory to GOD!

[@Truthms-m3r]

Go Pirates

[@BrianButterworth-s4z]

I am Gen X. We went to college to get away from our parents. 🤣

[@MWT5428]

@@BrianButterworth-s4z yeah well I like to save money now I don’t have to pay for a dorm smart ass. Glory to GOD!

[@BrianButterworth-s4z]

@@MWT5428 Yeah, it's expensive now. I worked, had a baby, and paid my bills. Thank you for the compliment about my physical features.

[@jdrei5080]

Its called Rent-To-Buy and reselling amidst that may not be in line with local govt. dictates.

[@cthomas6123]

Wow. Definitely one of the most informative videos I've seen concerning fsbos. Really appreciate this!

[@Vampiredreaming]

Thank you for this. I checked if we have this in New Zealand and we do, which i had never heard of it.

[@seansarfraz229]

easier said than done...

[@silviab.5726]

In Spain we call this "alquiler con opción a compra", it is like renting and when you have paid all you keep the house. Very few people does it anyway

[@CarlAyers-x8h]

Do a title search on the place you're looking at, make sure it's free and clear of any liens or existing bills.

[@joetoe9947]

☝️… 🔥…

[@aaronthemartialmechanic893]

My brother almost bought a house with almost 200k lien, luckily he found out before finalizing

[@nellim9239]

How did he find out about lien ? Is there any site ? Thanks

[@aaronthemartialmechanic893]

@nellim9239 ill ask him and get back to you

[@mrsrightproductions]

I thank you thank you thank you, I’m not even halfway through the video but this knowledge has been secret and I thank you for sharing your knowledge to the people. God bless you 🔥🙏🙏🙏❤️

[@danielsanchez-n4v]

Thank you for your videos. For the past 30 years I have been a general contractor in several states, the last 10 in the state of Texas where I have built fourplexes, triplexes and duplexes. And I can assure you that within the multi-family world they are always in high demand. If you are interested in a partnership to develop this type of inventory let me know.

[@allhaillois33]

Do you build in Florida?

[@bunchielove6893]

Do you have a website?

[@danielsanchez-n4v]

@@bunchielove6893 web sites address is dfwconstructors.com

[@danielsanchez-n4v]

@@allhaillois33 we cover Texas, Oklahoma and Arizona

[@ciaobella8941]

Website? ​@@bunchielove6893

[@niksmith1039]

This may be the answer to my prayers!!

[@DANTHETUBEMAN]

😊 Wayne i think you give more then you get on these video's, i know you are advertizing, and good for you, i think this information should have been in public school becase its usefull. 😊 thanks.

[@TheRealWayneTurner]

The more people know the stronger our communities can be.

[@DANTHETUBEMAN]

@@TheRealWayneTurner Agreed, when I leave California I want to buy land I can build on in Tennessee mountain's with no utilities, Because I can make my own electrons 😁 just a road in to 1 to 5 acres out side of city limits. 🤠🇺🇸

[@dutchesscocosmom2288]

​@@DANTHETUBEMANhow do you make electrons???

[@DANTHETUBEMAN]

@@dutchesscocosmom2288 Hydrogen generator running electric generator, and 5000 watt solar panels inverter store battery chargers, and put two dissimulor metal stakes in the ground to wires to charge phone, and 12 inch square metal plates sealed in plastic dip with wires attached plates in the attic hot wire down, ground wire to copper grounding stake.

[@WindmillsOfTheMind]

I wish I had come across you a couple of years ago. Thanks for educating people. Best, Kaye

[@BlueJaysFanOne]

Thanks as always Wayne. Lots of helpful information again.

[@Elaine-d4h]

Thank you Sir, Appreciate some Real information, I'd be honored and grateful to have my very Own cabin style home any all assistant welcomed, Again thanks 🙂

[@Elaine-d4h]

Also I'd be interested in receiving a copy of your list of availability.

[@brightclouds98]

I’m in Australia. This would be great if it was a thing here too. Don’t know much about this apart from this video though.

[@wyomingpark]

I'm in Australia. My parents bought a house this way. There is a website I saw a while ago called vendor finance properties or something like that. Check it out. People still do this.

[@graceyacho]

It’s true. I helped my clients do this in Seattle, WA

[@extendedp1]

What seller wouldn’t check credit on a 200K sale???

[@habibifather7681]

A dum one

[@newme1813]

A fraudulent seller. A slum lord seller. A seller that places profit over integrity, a private seller/addict....etc! 👀

[@donmillerjr]

Most don’t know how and just decide to trust the person because they “like” them. Happens all the time.

[@huntersdealer]

One that will foreclose on you once you default on the loan.

[@flipdiva0007]

I've bought 3 properties this way and not one of them checked my credit. They knew me and trusted me, so it happens a lot.

[@BH-hp4os]

Thank you for this video! I would have never thought of this (even though I have heard of it vaguely). You broke it down so that I could be taken seriously. I am now in the process of purchasing a property using your advice! Many thanks to you. Thank you for sharing your knowledge free of charge💖

[@princesstheo136]

The crypto market has been unfavorable for months and I keep losing my money selling-off during dips, I'm very scared of holding right now, how do you guys still make so much….?

[@Chidinma-o6s]

Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...

[@CarolineSahagun]

GOOD CONTENT !!! Very engaging right from the beginning These are tough times and frankly I appreciate how you discuss global finances in such a delicate way . Business and investment

[@FrankPoligo]

Mrs Sonia Dixon was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia Dixon.

[@Leisasophie]

the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

[@BradfordMcKinley-x5h]

I Started with 5,000$ and Withdrew profits 89,000$

[@KAYBE_Baybee]

Thank you so much for sharing this. I’m on board. I’m a first time homebuyer! I’m so excited. I’m working on saving up the money. I’m looking for a 380k house!!! Great for being transparent. I would love to work with you when i get the cash

[@michellecook-hill]

We call it a land contract

[@myrlandedesir27]

Great information I want to do this I’m going to work on my deposit. ❤

[@TerryWright-qo1mu]

Hi Wayne Can you do this here in UK? sounds like a good solution to cut out the parasite banks!

[@TheRealWayneTurner]

I'm not familiar with the UK market, I recommend finding a real estate agent local to you. If you need help reach out to me at ContactWayne.com

[@theempresstree]

I also want to know

[@tammysims8716]

I've been praying for an answer from right here in SC, USA.

[@NEWSLETTERREVEALS]

A South Carolina resident, did you move to SC or a local

[@chi-townvico1533]

I would like to buy land (5-10) acres, around the northern part of San Antonio. The Canyon Lake TX. area.

[@BurgaBea_Stro]

Good morning thank you so much Wayne, i remember living in slidell, LA and running across one of your ad's, thank you so much for this Video

[@ryanj.hanson6920]

7½ % loans used to be 10-12%. 17-20% in the late 70s.

[@RSGEProductions]

Yeah, but you could afford a house , a car , a family and vacations all with just the providers salary

[@Oshuin9]

​@@RSGEProductionsand food

[@Nobody913.]

Big risk on both parties to do this these days but if both are trustworthy folks it’s a win win for both. This guy seems genuine in what he says.

[@TheRealWayneTurner]

Most states have laws in place to protect both parties.

[@simonsmith2642]

I did it the old fashion way. I saved money and just paid for it. In cash. I did for my truck too. If you dont have the money in the bank or your pocket, you cant afford it until you do.

[@Phantomdani]

That’s good for you. But bad advice for someone who is living and needs a home now and could make this method work responsibly.

[@mikemullen1413]

Not for 99.9% of the population

[@sandrajohnson8227]

​@Phantomdani it's not bad for people who are in need it's a open eye. And great advice!! For one who have the money can run with knowledge being giving. It's always good to know regardless. ❤

[@allthings73hs1yf]

Excellent video. Thank you Mr. Turner. I will be calling.

[@richardhanes7370]

I bought my house last year from a company. They financed me with 10% down.

[@wendytarasoff4987]

The information you have provided is greatly appreciated. I like in Canada though.

[@bradleylomas7525]

We are the credit and the banks are the debt. That's why they don't want to give you your money back.

[@Noneyabiznass-MagaTrue]

Good luck with that. Most want half down here in Texas.

[@EarlBalentine]

Great video's Wayne. Question: if a lot (1/2 acre) fails a perk test for a septic tank, why can't you just dig another perk test several to see if there's a an area that actually passes the perk test.? I hear folks say you don't want that that lot because it failed the perk test. The sound could be softer 50 feet another direction?

[@WorkerBeesUnite]

Curious about this too. Buying a plot of land myself

[@DemsRdisguisedredcoats]

If your land doesn’t pass a perk test, you can get an aerobic septic system.. just did this on my property. More expensive, of course.

[@michaelthomas5140]

This method is best if you have the cash to purchase a cheaper property up front. You can get the entire property/house inspected and drive the price down from there. It’s all about finding a desperate seller.

[@EButta71]

As a black woman with a good job and background, I hope this option is available to me. If banks discriminate towards us then I can imagine the same type of discrimination if not more. Hopefully not. I make great money just have significant student loan debt.

[@1OAK_X]

Yeah I try not to think about that, but I’m better off going thru banks as a black man, 23 y/o, 750 credit score, and work in aviation over 2 years now. Best of luck to you 💯

[@kennethmanning1821]

I wonder how all these people from other countries that don't speak English buying houses 🤔

[@EButta71]

​@@kennethmanning1821 there's less discrimination in comparison to Black Americans. You should look into the attitudes, practices, and beliefs held by others- foreign and domestic towards Black Americans which then influences policies and accessibility to wealth. But hey I'm not complaining just acknowledging reality.

[@EButta71]

@@1OAK_X thank you brother for the encouragement! Best of luck to you too - you'll be fine!

[@youtoldharpotobeatme5023]

​@@EButta71Most black Americans have a chip on their shoulder.

[@Walking-n3n]

What you are saying sounds too good to be truthful.

[@TheRealWayneTurner]

It's true

[@Catlife247]

Hey Wayne can you help us find a property in carbon county PA for a cat sanctuary?

[@TheRealWayneTurner]

Reach out to me at ContactWayne.com

[@j.l.salayao8055]

Lucky, pussy cats!

[@ladyfarrier5949]

Great advice! Thank you very much. I'm now a subscriber!

[@drukpakunley5659]

You Learn something new every day !!!!!!

[@worshipthenephilim]

Wow I wish we had this option in the UK!

[@robertschulke1596]

We will never have rental properties in California due to the squatter’s rights. A good friend is going bankrupt because his houses are occupied by squatters and are being destroyed.

[@matrixmatico695]

You can hire me to squatt the squarters 😂

[@obsoleteprofessor2034]

I have 100. We have tenants in every unit and they self police. I drive by each complex every day and clear out any accumulation that may start with a shopping cart or box of clothes. We also have a cooperative police chief who will encourage moving on or arrest for trespassing. Fresno County jail discourages our PD from bringing in trespassers because THEY have a policy of catch and release. Our rural town council found out the hard way what it's like to be a landlord. They hosted a homeless camp on city property with toilets, water and trash service. It attracted "people" from all over the valley and the city lost control of it. After 6 months they got a court order and cleared the place out. Reduce homeless services/food giveaways in your towns and the homeless will leave for greener pastures. Homeless are like cats. If you feed them they will stay and more will come. Pick up and return shopping carts to the rightful stores. Pick up trash from your alleys. Tell your City Clerk what you're doing and they will usually let you dump the trash in their municipal dumpster. Our town will take mattresses. I may sound heartless, but a large number of homeless want to live on the street (drugs/drink/mental issues BECAUSE of drugs, youth not wanting discipline, etc). Remember... you're not a social worker. Protect your property or you'll become homeless. When people in town started implementing what I described, we started having fires every 2-3 weeks. Word in the street was someone was doing it as a threat to make us homeless too so we could see what it was like. The guy was caught and eventually deported. Let's see how long this post stays up

[@hoboonwheels9289]

There are ways to remove them, on KZbin.

[@piedpiper72]

to be clear: This video exists for people/families that cannot or do not qualify for a traditional loan. But it must be said that ANY amortized loan will NEVER replace the speed and ease of paying off your home with simple interest (via HELOC) of course you need to have equity…Selling on owners terms only works if the seller is selling their home undervalued to current asset prices, respectively…

[@christinekara8674]

Im always looking for an owner financing but they never want to.

[@dutchesscocosmom2288]

Meeee too!

[@TheRealWayneTurner]

Look for the properties that have been on the market for a long time, longer than what's typical for your market, and houses that are for sale AND for lease. If they're willing to rent it for 12 months they might be willing to sell with owner financing terms.

[@christinekara8674]

@@TheRealWayneTurner ok ty wayne

[@MakedaBenjamin]

The best and easiest explanation I have heard. Thank you!

[@JK-zl7vv]

This would only work if the seller owned the house free and clear, because if there is still a mortgage on it, the mortgage company could ask for the full payment on the remaining loan, if they find out, the seller sold the home to someone else, the way around this, is to have the seller put the house in a trust, then make you as a trustee and beneficiary of the trust.

[@mariamaria2751]

That's what he said

[@santafilipina9020]

Stated from beginning, you obviously didn’t watch