Wednesday, April 22, 2020

Owner Financing #69



Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…
These are exactly the kinds of deals he does day in and day out. Most ‘investors’ are getting it wrong. It’s not about the property, it’s about the buyer. Buying right and buying cheap is what you’ll do after you have the buyer.
* How to have a buyer or renter before you even buy property…
* How to have them already pay you money before you sold them anything…



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Hi, it's Lou Brown. I'm back with another of my 101 cash
flow accelerators. In this segment we've been talking about proper property
management informed property management, profitable property management, and
one of the great profits centered that you have is giving your resident the
opportunity to someday own that home. Now in the marketing that we do, we
market to find people that have a significant down payment that they could put
down on the property. Why would they give it to you? Because they can't
typically qualify for a traditional loan at the bank. Well aren't you a great
service provider in your community? We call you an affordable housing provider
and actually under our program you can become a certified affordable housing
provider. And we provided all the documents, the training, the tools, the
marketing, their websites, a complete package to open a business in your local
community that attracts those kinds of folks.
And one of the great cash flow accelerators is that
there's people out there that have significant down payment. And I'm not
talking about the security deposit like you would get if you were just doing
land lording. Oh, I'm talking about a significant down payment. When someone
purchases a property, we get no less than 10% if we're going to owner finance
that property and in some cases we get 20 and 30 and even 50% down from the
resident because they have saved up a significant sum of money. But even with
that amount of money, the bank doesn't love them. Well, let me tell you something
folks, if somebody got 10% or more to put down, I love them and I want to
support them and help them and their family end up with home ownership. We have
a program, it's called the path to home ownership and in fact there's my book
on amazon.com it says never pay rent again.
The path to home ownership and this is to give our
families the opportunity to someday own a home and we love that process. We
give you the tools, the training, the technology and the team to be able to do
that. I am a certified affordable housing provider. You become one as well.
Once you are trained to learn more about that, go to
CertifiedAffordableHousingProvider.com and check out some of the different
galleries that are there and you can see what our CAHPs are up to. CAHP or Certified
Affordable Housing Provider.
Well, I hope this has been a value to you. It will
definitely be a huge cash flow accelerator when instead of collecting a
security deposit that you can't spend, you're now collecting significant down
payment money. Oh, and don't forget you're going to be financing these folks
for a good long time and you're going to be receiving income just like a bank
would receive. And Oh my goodness. When you learn that being the bank is a lot
more profitable than being a landlord, I will teach that to you, my upcoming
Millionaire Jump Start to learn more about that at MillionaireJumpStart.com
hopefully this has been valuable to you. Like it. Love it. Share it. And do
subscribe. Thanks so much for being with me and I'll see you soon. Yeah, baby!
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