All Forum Posts by: George Robinson

George - I think that the owners most likely to seller finance a portion of the sale are those that have owned their property for a LONG time (potentially looking for residual income) and owners than own their property either "free and clear" (without a mortgage/debt) as they have more flexibility. Both of those criteria should be searchable to some extent via software/apps like Propstream. I think relationships with the owners are very important as well - the more you can developed a relationship with current owners the more likely they are to "help" a newer investor as they feel (in part) like they are paying it forward. Good Luck!

Hi George! I am happy to have come across your post because I have the same questions. I am a new real estate investor looking to do my first deal using seller financing. What I would like to know is how to find sellers motivated to do a seller financing transaction. I would love to connect with you and bounce ideas off of each other if you are open to it. Be on the lookout for a DM from me!

Hi George! I am looking for the exact same (multi-family using seller financing). May be beneficial to join prop radar and refine search options to search this way.

Work with an attorney.

My 2 cents,
Mike

Hi George,

The biggest thing is to get the terms laid out in a contract for the both of you. Terms that you agree with. Once you have those written in a contract find a notary that will stamp this when you both sign. Also file the contract with the register of deeds in the county. Protection is always best.