Wednesday, May 6, 2020

Always Ask For Owner Financing - Street Smart Cash Flow Accelerator #15

https://streetsmartinvestor.com/101-cashflow-accelerator/always-ask-for-owner-financing-street-smart-cash-flow-accelerator-15-2/

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…
* 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…
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.
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Hi! It's Lou Brown. With another of my 101 ways for real
estate investors like you to win, close more deals and accelerate your cash
flow. Today's tip is number 15. "When there is equity, always ask for
owner financing". Now of course this is when you're buying a property, go
through your, what we call cost to sell worksheet. I'll be explaining this in
another video and what we do is actually sit down with a seller. We make a
presentation to them and we end it with something called the cost to sell worksheet.
We get down to a final number and at that final number when we're actually
making an offer to the seller, simply say that when you get to that final
number, you've already taken to an account if there is any existing financing
on the property, so that final number is their equity in the property. Now at
that point in time, you want to ask the seller, how would it work for you? Or
excuse me, would it work for you if you were to receive this in the form of
dependable monthly payments?
I hope you enjoy this. I hope you'll use it. And I hope it
will make a difference in your profits. I'd love to share more of my profitable
free tips with you. How can you get more? Well, depending on where you're
seeing this. Please like it. Please love it. Please comment on it. Please
subscribe. Please share it with your network. Thank you so much for watching. I
look forward to seeing you soon. Yeah, baby!
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