Help with seller financing?!
5 Replies
Raymond Brown
Real Estate Agent from Longview, Texas
posted over 3 years ago
How should I approach seller financing? Are there any investors here willing to share tips and contracts? I have been financing my deals at 20% down and want to find ways to do more deals will less money.
Thanks for your help!
Raymond Brown
Johnson City Realtor
Kenneth Williams
from San Antonio, Texas
replied over 3 years ago
In. I'm Looking for some insight on this as well
Felisha McCurry
Flipper/Rehabber from Johnson City, Tennessee
replied over 3 years ago
Hey Raymond, do you have a primary residence? If so, you may be able to pull some equity from it to buy, fix, and then refinance (BRRR method)...
Felisha McCurry
Flipper/Rehabber from Johnson City, Tennessee
replied over 3 years ago
Hey Raymond, do you have a primary residence? If so, you may be able to pull some equity from it to buy, fix, and then refinance (BRRR method)...l
Raymond Brown
Real Estate Agent from Longview, Texas
replied over 3 years ago
Yes I do have a primary home, and I am looking into a HELOC @Felisha McCurry . Would you happen to have any experience with having the seller finance the home? I am seeking contracts for this type of transaction. Thanks for the advice!
Russ Montenero
Architect from New Boston, New Hampshire
replied over 3 years ago
OPM is the way to go. I would not take out a HELOC for this type of investment... although it’s one way. Get yourself a website and some business cards and start looking for investors online who will take a meeting w you. Have your things in order w respect to your immediate area and know your stuff!!