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Forums » Mortgages & Lending » FREE seller financing book is a must!

FREE seller financing book is a must! Subscribe to FREE seller financing book is a must!

8 posts by 7 users

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Have you ever considered utilizing seller financing to sell your properties? Why not?

Many of the most successful Real Estate Investors do. Why? Because they recognize the many rewards of seller financing! They also know that the process is simple! These successful investors have discovered that creating seller financed notes shortens the resale time on properties, avoid title seasoning issues, bank delays, and other problems that may come up with a bank seeing that you just got on title yesterday. There are note buyers that are not concerned with whether you have had title for one day or one year when it comes to unseasoned note purchases (aka simultaneous close). In so doing, they also know that the rewards of profit are immediate! Get the money you need today! You Can Do It Now Through Seller Financed Notes!

To help you to create notes which can then be sold for top dollar, I am offering e-book � Streetwise Seller Financing. The book was written to answer many of your questions. It is unlike anything you will see anywhere. As our gift to you and without any obligation whatsoever, you can receive an ABSOLUTELY FREE copy!
To receive your copy of Streetwise Seller Financing:

[AFFILIATE LINK REMOVED]

THAT�S IT! You will then have the opportunity to review page after page of vital information. If you now have seller financed notes, Streetwise Seller Financing can also help! Nearly one-third of the book addresses how to prevent and how to deal with default. The book offers much more information about structuring and marketing profitable notes. In receiving the book, you will want to learn how to create seller financed notes that are both valuable and highly marketable.


Real Estate Investor · Chicago, Illinois


Jane,

Yes Eddie Speed has been in the industry of Seller Financed notes for decades now. Wow does that make Eddie sound old? ha.

His book is an excellent resource. He also recommends the free monthly newsletter that my company puts out. We are working on creating a free monthly newsletter for others in conjunction with Eddie. Feel free to ask him about it. As well as hit my company site for our free e-zine. Again this is completely free and nothing is sold from the e-zine.


Note Investor · Kalamazoo, Michigan


Yes Streetwise Seller Financing is a great book on seller financing and creating marketable real estate notes. I have learned a lot from Eddie over the years and so have a lot of other professionals in the note business.
Still there is a ton of FREE information on the subject here on the forums of BP!
I think there are far to many people out there selling information, books, programs and seminars about the note business that are promoting it as a Get Rich Plan. I believe that you can get most of the information you need about real estate notes and seller financing right here!


Real Estate Coach · Monrovia, California


I believe seller financing is a special part of REI.

Seller financing is a wide term that may include:
Sub2, Land Trust Sale, Land Contract Sale, Seller creating a new first mortgage, Seller creating a new second mortgage, Seller selling on a Wrap around or All Inclusive Deed of Trust or AITD.

But in this instance, Creating a Note for resale of all payments or resale of partial payments needs CAUTION.

Creating a note for quick resale in this market is no easy feat, and I advise to work closely with a local note broker.

National brokers do not know your local market.

Appraisers are being pressured to be conservative in appraising value.

Keeping it simple, a note buyer is looking for a yeild and minimizing risk.

If you want to create a note, go to the efanniemae residential fixed rate note. Work with a note broker because the note you create needs to be sellable (correct forms and clauses).

If you want a quick sale, listen to your note broker (hopefully he - she is experienced) for best possible price - least discount.

Brian


Note Investor · Kalamazoo, Michigan


I also have a warm place in my heart for seller financing as I have been creating and trading notes full time for most of my professional life. I am located in Michigan and over 95% of my business is out of state right now.
While the documents used can vary from state to state, the steps to creating a marketable, seller financed real estate note are the same. Buyers that specialize in buying performing real estate notes at a discount are looking for credit, real equity, security and cash flow. I agree that those looking to get into the business of using seller financing to move properties w/an exit stratedgy of selling of the note should work closly with a note broker, in most areas of the country there are few experienced note brokers. Most note brokers out there have just recently graduated from the same late night TV seminar. Most local note brokers are here today and back to delivering pizzas tomorrow and are ill equipped to explain this concept.


Real Estate Investor · Fresno, California


Marc,

You mentioned you are in MI, and you do notes. Do you have anyone you can recommend for Grosse Point area of NE Detroit? I need to discuss some options on a few properties up there that we may do owner note on.

thx.

Jay Gray, Mgr.
Holding & Gray Investments, LLC


Private Money Lender · Pleasant Hill, California


Buying notes and seller financing is where I would like to break into as well. Can anyone recommend some good references or sources that are current and updated?


BiggerPockets Founder · Denver, Colorado


Guys -
This thread is over 5 years old, and it looks like all new posts are simply asking questions about seller financing and not the material mentioned by the initial poster. Please start a new thread to discuss . . .

Discussion closed.

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