Learn How To Buy A Home With Seller Financing

In this lecture we will focus on tactics and strategies to find homes and sellers most likely to be willing to sell with seller financing.

In this section we will focus on building up your financial accumen so that you can understand how seller financing works and what type of financing works best for you as a buyer.   We will cover how loan elements including down payments, interest rates, amortization periods and balloon payments effect your loan payments and how you pay-off your loans. 

 In this lecture we will cover how much home you can afford based on your income and savings as well as the pros and cons of buying vs. renting.

In this section we will go in a lot of detail on how to create and make offers.   Creating offers requires using the financial background we used in lecture 3.  We will cover the creation of the offers as well as various strategies to craft various offers depending on what is the sellers motivation for considering seller financing.   We  will also walk through how to present the offers to sellers and introduce a set of tools we have created to facillitate making offers and overcoming objections.

In this section we will go through various negotiation tips and tricks as you work with a seller to close the sale.  We  will cover areas including repairs, escrow, loan servicing, closing costs, buyer limitations and ultimately how to fill out a term sheet to summarize your final offer.

In this lecture we focus on getting a seller financed purchased contractually documented, how to work with a title company or real estate lawyer, key documents, how to setup loan servicing for the loan leading up to the sale closing.

In this lecture we drill down on the process of managing a seller financed loan.   We outline how monthly and annual payments related to the loan are made and share tips on how to manage this process.    We review how escrow accounts work and how surpluses or shortages are managed.   We also review Tax and Insurance considerations as well as how to payoff a loan and use credit repair.

In our advanced topics section we cover a number of more advanced, complicated topics related to seller financing.   We cover "Wrap" loans which are a more complicated variant of seller financing.   We discuss the due on sale clause, how to property insure a wrapped seller finance house and how to payoff a loan when it has been wrapped.    We also cover foreclosures and principal pre-payment.

In the appendix we include a short video on how to use our wealth generation tool and also all of our downloadable tools and documents.