Updated 6 days ago on . Most recent reply
Favorite Seller Financing Terms
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.
- Seth McGathey
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- 708-297-0996
Most Popular Reply
@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.