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Updated almost 4 years ago on . Most recent reply

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Patrick Flanagan
  • Property Manager
  • Prineville, Or
166
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seller financing pitch

Patrick Flanagan
  • Property Manager
  • Prineville, Or
Posted

I was curious if anyone could help me on my seller finance pitch. I know there are lots of ways to do this.

would you say the most important step is finding out what they need first? or is there a strategy when sending a owner finance pitch. 

example, you find a paid off 8 unit apartment building. would it be beneficial to send a letter to this owner and say goodmorning, my name is Patrick. I saw your property on 1234 street, I see that you value the power of real estate. As im sure you know capital gains tax hurts, and with the possibility the 1031 tax benefit exchange possibly being completely removed. I would like to offer to buy your property so you dont have to manage and deal with the head ache of owning rental real estate, while still collecting a monthly check. If this is something youd be interested in id love to help mitigate capitol gains tax, provide you a monthly check, and relieve you of managing your apartment.  

let me know what you think and id love any advice on your seller financing pitch or your apartment direct mail letter pitch. 

Most Popular Reply

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I like seller financing and have purchased and sold that way many times.  

In a marketing piece, I'd probably go less deep and not appear as a tax person.  Capital gains are different than capitol legislation. 

After building rapport with a tired landlord, I will mention some benefits of SF without saying it.  Then, If they want to be the bank they will bring it up.  Good luck!

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