Hi I’m Sonny and I am a 20 year mortgage broker and real estate investor. These days I am busy building coo websites and apps so I decided to narrow my focus to owner financed real estate transactions.
I built this site in 2009 with the intention of using it locally to sell off our rental home with taking a big tax his for cash transactions, installment sales are more forgiving on taxes. Which is why many wealthy folks always sell with owner financing vs a cash sale.
You can charge a nice premium above appraised value since properties offered with seller financing can sell for whatever monthly payment the buyer can afford. To learn more about selling on terms go visit your local buy here pay here car lot or a rent to own furniture store. You copy what they do and simply get the correct documents for owner financing
Many investors actually find home with no equity current or close to current on payments. There is very little competition in finding properties with no equity that the owner no longer wants and cannot afford the normal expenses to sell with an Agency, commissions, seller paid closing costs can be as much as 10%.
You help these folks by finding someone to take over payments and then keep their down payment as your profit. A few of us have been doing this for years and earning nice chunks of cash with no risk. A true Win-Win.
Some fancy webanir heros are selling courses with catchy names like “mortgage assignment” or “option auctions” for $995. Guess What? You just learned all you need to know except how to fill out the documents right here for free!
If you sign up for my investors only email group, I’ll show you exactly how to fill out the contracts and to market your services to desperate home sellers again all this for free. And I won’t email you any of that GURU crap everyone else is selling either.
I am this sites number one seller because every time a rental goes vacant I offer is with seller financing. Sometimes I get a renter sometimes I get a “tenant buyer” either way “using this site I am always able to fill up my properties and keep those monthly checks coming in.
Recent Closings / Rentals:
Wimauma, FL – Manufactured Home on 2.4 AC 89,900 Owner financed with small down payment plus First Time Buyer Rebate
Port Richey, FL Single Family Home, 94,900, Owner Financed with small down payment plus first time buyer rebate
Port Richey, FL Single Family Rental Home, Rented 850 per month
Gulfport, FL, Single Family Rental Home, Rented 750 per month
Clair Mel, FL, Single Family Rental Home, Rented 900 per month
Sellers get buyer requests for houses in your email