pt.1 Q&A With Jeff’s Apprentices

<p>In this series, we take questions from Jeff’s apprentices who are currently in his program. They ask some great questions and this will help you further understand creative financing from a macro perspective. Here are the following questions we answer for these apprentices…</p> <p> </p> <p>Why would a Seller consider taking a terms offer over selling out right? </p> <p>How much more do the Sellers nets by taking terms?</p> <p>What is the Seller's security in taking a terms offer?</p> <p>What is one of the major trends in wholesaling right now? </p> <p>Do you send the same type of offers every time?</p> <p>For someone just starting in creative financing, what's the first term offer one should start using?</p> <p>How can you ensure payments get passed on to my heirs?</p> <p>Can you still offer terms on a property where the Seller is looking to do a 1031 exchange?</p> <p>How do you protect yourself in the event of a market crash?</p> <p>Do you pre-negotiate extensions on terms?</p> <p>What do you do with the property at the end of the term when the balloon is due?</p> <p>Are there any types of loans that you can’t use creative financing loans such as FHA or VA or Reverse mortgage loans?</p> <p>If you buy a property on owner finance, can you sell the property before the end of the term?</p> <p>How do I use creative financing as a flipper or buy and hold investor?</p> <p>How do you structure terms if a seller won’t take any less than 20%?</p> <p>How to best work with investors to buy the property yourself rather than wholesaling it?</p> <p>How do you work with a Seller who has an exceedingly high mortgage payment?</p> <p>How do you set up a tenant/owner occupant for success to buy the property at the end of the term.</p> <p>What offers do you get accepted the most and why?</p> <p>Do you get the tax benefits on owner financing?</p> <p>Can I sell my property on a subject to?</p> <p>What are the benefits for agents to work with us on a term offer for their client?</p>