How to approach a Seller Financed deal

[Kyle Scofield]

Just a few questions about offering someone seller financing:

• When you see the ad, what's the first, second and third thing you do?
• Do you email/call the seller right away and ask if they'd be willing to do seller financing right out of the gate?
• Maybe email them right away laying out the ins and outs of your deal and how you could earn them more return on their money?
• Should I just send an email essentially saying "Hey I'm interested in buying your house through seller financing, I can offer a good down payment and excellent interest rate.....?" As I said, I'm a little lost where to start with this

I'm just a little lost what to do... I've got some properties that are FSBO but I'm not entirely sure HOW to approach the seller..

What has everyone found works best for them? 

Thanks in advance BP!

[Jeremy Pace]

@Kyle Scofield

I've found that my discussions with the seller go best if I go see the house in person.  I want to talk to the seller face to face and I want them to see that I'm excited about the property.

Then I explain to them my ideas about owner financing, and I stand there and answer every question that they have until they are satisfied.  I don't want them to be confused at all, and I don't want to mislead them ... anything that they check on, I want them to be able to find out that it is true.

Only call/email them to set up a time to meet to see the property ... don't try to smooth talk them on the phone, it's way way way way harder to do it that way.