how to sell a house contract for deed-seller financing
Автор: kris haskins
Загружено: 2024-01-20
Просмотров: 4499
Do you know how to sell your house using a contract for deed or Seller Financing? In today' video, I'm going to walk you step by step how I just sold a house full market value without doing any repairs to the property. Yes, you read it correctly, we can sell houses and turn them into income producing assets where we're no longer responsible for the repairs. It's kinda like a "Rent To Own" situation where the end buyer pays us for set amount of payment and after an agreed upon time, then they will get the deed, So come along inside the house and I'm going to break down the numbers where we got a down payment and we'll get monthly cashflow as well, without the worries of renovating the house. This is the NEW real estate investing! Being a landlord might be old conventional thinking for your business!
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00:00- Intro
2:33 - Let's visit the property so you see the surrounding houses
3:19 - Here's the first floor of the property
4:27 - The 2nd floor has 3bdrms including a primary suite and 2 bathrooms
5:56 - This was a pre-foreclosure deal and we bought it subject to w/out using our credit
7:20 - We sold this house on a Contract for Deed w/ a 30 year amortization
9:25 - We collected a down payment from our buyer
10:35 - This is why it's not a good idea to be a landlord in real estate
12:20 - This is what a 30 year amortization looks like for our property
14:10 - We operate our business like a bank, not like a landlord
15:00 - What is a land contract, contract for deed, agreement for deed, seller financing
17:00 - What's the difference between being a bank and a landlord
👉My video gear:
Sony camera: https://amzn.to/3vHXqnA
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#contractfordeed #slowflip #landcontract #sellerfinancing
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