Can you wholesale seller financing opportunities?

[Jon LaBorde]

I’ve been recently looking into creative finance and I was watching a video about seller financing and with me being new to wholesaling I’d like to focus on that and not take on these properties myself if I were to find the opportunity but the way the seller financing was explained in the video it seems like a great opportunity. I don’t know if you can wholesale seller financed properties or if this is even called wholesaling but I was just curious about how to go about making money off of finding these opportunities. Thanks!

[Doug P.]

@Jon LaBorde Absolutely! You can wholesale various types of seller financing to other investors or to end buyers. You can set this up as a lease option, a contract for deed, or a seller carry-back. The only thing you shouldn't wholesale is a sub2 purchase. Those you should keep for yourself and only if you have the resources to finance them if the bank calls the loan.

As @Kerry Noble Jr said right now is the time to get some great terms and you would do well to hold on to some of those seller financed deals.