Winning on Terms in Cleveland (Section 8 Training)

[James Wise]

Tired landlords are great people to buy properties from. There are a ton of tired landlord in Cleveland, Ohio. However, some of these tired landlords are more difficult to negotiate with than others. Some tired Cleveland landlords just want to get rid of their Section 8 houses and will sell them for pennies on the dollar to make their problem tenants go away. Other Cleveland landlords want to sell, but they are unwilling to sell at a discounted price, despite the fact that they are sick and tired of dealing with evictions and bad tenants. For these tired landlords the best negotiating strategy is to use seller financing. With seller financing, investors have the opportunity to give the seller a higher price while winning on the terms of the deal instead of the price of the deal because getting great no money down mortgage terms on a seller financed mortgage is worth more to the buyer than getting a lower cash purchase price.

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