All Forum Posts by: Da Shiek Woodard

I came across Pace Morby talking about Subject To, and it really resonated with me. Has anyone worked with wholesalers to get leads that don’t well for them but did work for your Subject To financing?

I read a lot of posts on here that look to understand seller financing. I am starting to grasp why a seller would do it (tax advantages, steady money flow, low risk, etc), but aside from Zillow and Craigslist, a lot of deals are said to be on the MLS.

At the risk of sounding obnoxious, why wouldn't real estate agents simply keep these deals for themselves if they are lucrative and require a low entry point in terms of capital?

 That sounds good to me, what is your current situation?  Or if you'd rather not share, go ahead and DM me.  I hope you can give some background here as well though because the viewers tend to have great advice.

 Partnering is something I am exploring now, I think it may be the quickest way up for me.  If rents rise a little more in my area I will consider continuing to buy a primary and then make it a rental.  It involves moving a lot but it's a quick way to acquire properties at low interest rates so I totally agree with your suggestion.

 This is a great real life scenario, thank you for sharing this.  I would actually not mind this scenario at all as I am pretty good with repair, but yes I would want to know exactly what is wrong with the house so I could fix it.  Your numbers sound like they worked out for you, where the heck did you find a house for $17K though?

Well put, I understand every word you said.

Russell thank you for that honest and entertaining response, I love your candor! Can’t something be said about a cheap property that generates instant cash flow though? I’m trying to see how to speed up my entry point into another property.

Just so I can wrap my head around why someone would do seller financing, let me see if my interpretation is correct. Are you saying you would rather OF your properties in retirement rather than selling for cash and migrating your portfolio into an annuity?

I'll take a look Jason, thank you for that tip!  Do you invest in this area or out of state?

I bought a primary home recently which took my cash reserves down. I am thinking that seller financing is a way to stay in the hunt.

What are some of your examples of seller financing deals you succeeded with and how was there value for both sides in the deal?

What other methods provide an entry for low liquidity?  I'm not being creative enough and would love any suggestions.