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Updated over 3 years ago on . Most recent reply

User Stats

68
Posts
38
Votes
Oladimeji Sonibare
38
Votes |
68
Posts

How to Wholesale Seller-Financed Leads

Posted

Hey, Guys!

I’ve got a property that’s for sale by owner and the owner is warming up to the idea of Seller-Financing. Is there anyone that’s wholesaled a seller-financed property before? Any complications I should look out for? How best do we combine creative financing and wholesaling?

Thanks for your time!

Most Popular Reply

User Stats

88
Posts
44
Votes
Zachary Bliss
  • Realtor
  • Bradenton, FL (Bradenton)
44
Votes |
88
Posts
Zachary Bliss
  • Realtor
  • Bradenton, FL (Bradenton)
Replied

Hello @Oladimeji Sonibare,

The best way to wholesale a Seller Financed deal is to negotiate the deal with favorable terms, then work your assignment fee into the down payment.

For example, if you agree with the seller on a 10k down payment, you can assign the contract to an investor with a 15k down payment, and the additional 5k would be your assignment fee. 

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