Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

34
Posts
11
Votes
Aaron Heers
  • New to Real Estate
  • Dallas, TX
11
Votes |
34
Posts

Can anyone teach me how to offer seller financing??

Aaron Heers
  • New to Real Estate
  • Dallas, TX
Posted

I want to learn how to get winning terms for an investment property. What process do you use to go about getting a great deal?

Most Popular Reply

User Stats

10,263
Posts
16,133
Votes
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,133
Votes |
10,263
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied
Quote from @Aaron Heers:

I want to learn how to get winning terms for an investment property. What process do you use to go about getting a great deal?

Oh.  How to offer with SF.  Your title makes it sound like you are selling.

So I start with the correct type of seller.  All of mine have been tired landlords that owned free and clear.  The youngest was 68 other than an inheritee of a triplex out of area.  Still a tired landlord though. 

Then I submit a letter of intent where seller financing is one of the 3 scenarios I outline.  If they like the broad SF scenario, we discuss further and do a formal PSA.

The big draw for me as a seller was spreading out of the tax burden.  When I became a tired landlord it helped in my decision. 

Loading replies...