Dwanderful

SALE!!! Fed Up Program

$997
To  

$499

Ready to start making money? Want to sleep soundly again? How about planning that dream vacation, shopping just for fun, or even mapping out your retirement?

Take back control of your time and goals with my FREE Flipping EBook and Short Sale EBook. Your path to success starts here!

Ready to start making money? Want to sleep soundly again? How about planning that dream vacation, shopping just for fun, or even mapping out your retirement?

Take back control of your time and goals with my FREE Flipping EBook and Short Sale EBook. Your path to success starts here!

4 Reasons To Offer Seller Financing

An example of seller financing: You buy a rental property, and nine months later sell it for 15% more, without fixing or improving a thing. The easy terms are what sold it. You take $1000 down, and still get a payment every month, with 9% interest.

Four Reasons To Offer Seller Financing

1. To get a higher price

As you can see from the example above, buyers pay for easy terms. From the buyers perspective, he gets a place for almost nothing, that the renters will pay for. He comes out okay even if he later sold it for less than he bought it for.

2. To get a decent return on your money

The 9% I’m getting is nice, but the true return was much higher, since I also sold the property for 15% more than I paid, and I get 9% on the entire balance. In fact, for a great return without the headaches of being a landlord, you can simply buy low for cash and sell high with terms.

3. To sell faster

Anytime you expand the potential market for a property, you increase the odds of selling it fast. Selling with easy terms definitely invites more buyers to look at your real estate.

4. To sell difficult properties

If you have a property that is difficult to finance conventionally, offering seller financing may be the only way get it sold, and at a fair price.

Of course the ways you can sell are limited by mortgages and other loans. I owned the rental free and clear, which meant I could sell it any way I wanted. There are other ways to use seller financing though, even if you owe on the property. There are ways to do this safely too. Those topics are for another article.