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Updated over 3 years ago on . Most recent reply
Seller Financing Dose and Don’t?
Hi Everyone!
I would like to get some BP members opinions on things to do and not to do when it comes to seller financing? All advice and tips are welcome!
Much appreciated!
Most Popular Reply
Jonathan Greene
#1 Real Estate Agent Contributor
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- Mendham, NJ
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Jonathan Greene
#1 Real Estate Agent Contributor
Professional Services
Pro Member
#1 Real Estate Agent Contributor
- Real Estate Consultant
- Mendham, NJ
Do: wait until you fully understand the benefits of seller financing to the seller.
Don't: try to approach all off-market sellers with the idea of seller financing.
Do: listen for the words "hold paper"
Don't: think you can get started investing like this and continually grow capital without inputting capital
Do: specifically look for seller financing potential by assessing the equity in the property and the year of purchase.
Don't: put seller financing in any postcards or calls.
- Jonathan Greene
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Zen and the Art of Real Estate Investing
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