All Forum Posts by: Desi Arnaz

Hi Marc,

If the Seller needs, or wants, to cash out, a solution might be to offer him his price with a seller carry back for 36 months.  

The Note that is created is a negotiable asset.  My company (and others) will buy seller financed Notes and Land Contracts. 

Properly structuring the carry back is very important in order to maximize the price the Seller will receive for the Note.

Reach out to me if you have any questions.

Good Luck,

Desi Arnaz

Congratulations on thinking outside the box.  I have sold many properties using Seller financing.  As you put the Note together, keep in mind that every month of "on time" payments strengthens the value of the Note.  I have found it best to season the Note for about a year then sell.  The interest that I collect while hold the paper helps offset the discount.

Another thing to keep in mind is that the Note Seller could sell a "partial" (example: the next 60 payments). This will permit the seller to keep the back end of the loan and the interest.

California Property Flips Down 38.1% for 2012 Levels. (source: Property Radar)

Perhaps it's time to think "outside" the CA Box.

Opportunities abound all around the country. I started looking outside CA last year and I have turned some really nice deals without ever seeing the properties.

BP connects us nationally. I love this resource.