The Creative Financing Podcast
Business:Investing
Ep 092 Case Study- Deal Breakdown; What To Do If Your Seller Is Buying On A Contract For Deed
On this episode Jeff walks us through another case study. It’s a single family home, they owe 45K payment 675/month PITI. Kitchen and bath needs to be updated. She was asking 125K and the home was worth 200K so Jeff made some offers. At first she was not open to terms. He offered 114K Cash, or 122K short term financing with 20K down and he would take over the monthly payment. She accepted the short term finance offer. Now the Seller throws him a curve ball, the Seller was buying on Contract For Deed and was not on title, so Jeff could not buy on a All Inclusive Trust Deed as they originally agreed to... Find out what Jeff does to solve the problem. Happy Investing!
And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.
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