How do you convince a seller to do owner financing?

[Willem Breunesse]

Hey everyone, I am just beginning my real estate journey and have several properties I have identified and will be reaching out to the owners. The only issue is that I do not qualify for a traditional loan. I have the income to purchase a property but I do not have two years worth of W-2 history to back it up.

My biggest question is, what strategies do you all use when convincing a seller to owner finance?

Thanks for the hell in advance!

[Patricia Steiner]

You don't.  You present the property to someone you know in your community who might be interested in holding a mortgage or even partnering with you on the property. You should also contact private mortgage lenders.  But most importantly, you need to do all of this BEFORE you select a property.  It's a business.  Where's your business plan? Why are you the right person to partner with? What skills do you bring to the table?  How will you pay for a mortgage?  What's the end game?  What's in it for the investor/mortgage holder?

Gotta put some business into those dreams...