About creative finance contracts

[Sung Won Moon]

Hello guys, I'm a small business owner trying to break into real estate space. 

I'm very interested in seller financing or creative finance in general because I started my business only 5 months ago. And it seemed like the contract is what's really important to be convincing to sellers and to be safe. 

I just wanted to know how I can find the contracts. Since creative finance could have different situation every time, do I need to hire attorney to make adjustment? Any recommendation for starting investor? 

Any input would be appreciated! 

[Tom Gimer]

In my experience the party who prepares the first draft of the contract ends up with the better bargain, so as the buyer I would want to be submitting my contract form on a deal involving creative financing.

Fairly easy to create a good template skeleton (perhaps with the assistance of counsel) and then have alternate provisions ready for a. purchase price / financing and b. contingencies that you can swap in or out (or even include as checkboxes) depending on the deal.