👉 Download my free terms cheatsheets here: [ Ссылка ]
👉 Creative Real Estate Investing for Beginners series: [ Ссылка ]
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CREATIVE REAL ESTATE INVESTING FOR BEGINNERS LINKS:
💡Creative Real Estate Investing 101 👉 [ Ссылка ]
💡Equity Sharing 👉 [ Ссылка ]
💡Options 👉 [ Ссылка ]
💡Lease Options 👉[ Ссылка ]
💡Agreement for Deed 👉 [ Ссылка ]
💡Seller Carry Back 👉 [ Ссылка ]
💡Subject To 👉 [ Ссылка ]
💡Subject To and Land Trust 👉 [ Ссылка ]
💡Wraparound Mortgage & All Inclusive Trust Deed (AITD) 👉 [ Ссылка ]
💡How to Negotiate Real Estate Price (and terms!) 👉 [ Ссылка ]
💡How to Find Motivated Sellers 👉 [ Ссылка ]
A seller carry back mortgage (also referred to as seller financing or owner will carry [OWC]), is a form of creative real estate investing.
Rather than a traditional loan from a bank, with a seller carry back mortgage, the buyer is getting their financing directly from the seller instead.
What makes this form of seller financing different than an agreement for deed (the topic of our last lesson), is in a seller financing contract, the buyer officially owns the property so long as they continue their payments.
And just like with an agreement for deed scenario, you’re not negotiating with a bank. This means you’ll have much more freedom to be creative and flexible with the terms of your agreement. This freedom allows you to set things up to be much more beneficial for your side than it might’ve with traditional financing.
Timestamps:
0:48 - what is a seller carry back mortgage?
1:04 - what's the difference between seller financing and a mortgage?
1:38 - other names for a seller carry back mortgage
1:48 - financial security instruments in an OWC agreement
2:47 - the difference between an OWC and an agreement for deed
3:11 - negotiating terms on a seller carry back mortgage
3:28 - the benefits of creative financing through an OWC
4:33 - how to handle a seller carry back mortgage on your purchase agreement
5:22 - using creative financing as a tactic for control
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My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me.
I help these people create passive income through creative real estate investing strategies so their money works harder for them than they do for it, resulting in ultimate financial independence and freedom.
Whenever you're ready, here are some ways I can help...
If you’d like…
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✅ to see the latest tools and resources Matt uses in his real estate investing business, take a look at this [ Ссылка ]
💰 to get quick access to $50K to $150K for your next real estate deal, you can at [ Ссылка ]
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