Favorite Seller Financing Terms

[Seth McGathey]

What are your favorite go to seller fianancing terms? Both as a seller and as a buyer. And what do you focus on, interest rate, total price, cost per month, etc. 

[Lauren Sanford]

@Seth McGathey we talk about this a lot. As a long time note buyer and as a company, we share the details of what makes a note both legal and valuable.   All to often we see the collateral poorly written or borrower not being properly underwritten with a possibility of having a judge recind the entire note of things go sideways.  

On the other side, the numbers dont equate to providing a special service to the borrowers.  On ep 144 we dive deep into this.  Most investors charge less than a bank just because the borrower cant afford it.  

Lastly there are a bunch of other little things which Create additional exits if done correctly.