Premium Only Content
Ask THIS Simple Question to Build Instant Rapport with Sellers! (Close Deals Faster)
If you're looking to close real estate deals through seller financing, owner financing, or even subject-to investing, there’s one simple question you need to ask every motivated seller to build instant rapport and trust. In this video, I’ll share how this key question can set you apart from other investors and help you close more creative deals faster. By getting the seller to open up and share their thoughts, you’ll be able to uncover valuable insights into the property, their motivation, and whether they’re open to alternative financing options like wraparound mortgages or letting you take over mortgage payments.
The Key Question to Build Instant Rapport
When you first engage a seller, you want to start with a question that warms them up and gets them talking about their property. This question is essential because it helps you build trust quickly, and trust is the foundation for creative financing deals like seller financing or subject-to investing.
Here’s the magic question: "What do you like most about your property?"
This simple question encourages the seller to open up about what makes their property special. It shifts the conversation away from the usual sales pitch and instead focuses on their emotions, which is a critical step when you're looking to strike a deal.
Why This Question Works for Seller Financing Deals
In creative real estate investing, rapport with the seller is everything. Unlike traditional deals involving banks and real estate agents, seller financing relies on direct negotiations between the buyer and seller. By asking them to talk about their property, you not only learn more about it, but you also build a relationship, making it easier to negotiate terms like owner financing or even taking over their mortgage payments through subto or subject to investing.
By the time the seller has shared what they love about the property, they’ll be more comfortable discussing financing options like rent to own or letting you assume their mortgage through wraparound mortgages.
How to Structure Creative Financing Deals
Once you've built rapport, you can start discussing creative solutions. Here’s how you can transition from the question to closing deals using seller financing, subject-to, or owner financing:
Start with a Seller Financing Offer: Explain how seller financing works and why it might benefit them, especially if they're struggling to sell through traditional methods. You can offer to make payments directly to them over time, which is attractive for sellers who don't want a lump sum payment.
Offer a SubTo Deal: If they still have a mortgage, propose a subject-to deal where you take over their mortgage payments. This allows them to move on without the burden of paying the loan, while you acquire a property without having to qualify for a bank loan yourself.
Discuss Wraparound Mortgages: For sellers with remaining mortgage debt, a wraparound mortgage could be the ideal solution. This allows you to make payments on their existing mortgage while offering them seller financing terms on the remainder.
Lead Generation for Motivated Sellers
To make deals like this work, you need a steady stream of motivated seller leads. Cold calling, door knocking, and bandit signs are powerful ways to find these sellers. If you're just getting started or want to learn how to generate free leads, I’ve got you covered. Visit www.MyRealEstateDojo.com for my free guide on how to generate free leads using cold calling and other guerrilla marketing tactics.
Why Seller Financing is a Game Changer
By asking the right question and building rapport with sellers, you open the door to flexible financing solutions. This is especially powerful when you're working with motivated sellers who may be more interested in offloading their property quickly than in receiving the full market value. Seller financing and subject-to investing allow you to leverage other people’s mortgages while helping the seller move on with their life.
Call to Action:
Ready to start closing more creative deals using seller financing, subject-to, and owner financing strategies? Get my book at www.TheNewFlip.com and learn how to master these game-changing strategies. Plus, check out my courses at www.MyRealEstateDojo.com to dive deeper into creative real estate investing.
#SellerFinance #OwnerFinancing #SubjectToInvesting #WraparoundMortgages #TakeOverMortgagePayments #ColdCalling #RealEstateInvesting #RealEstateLeads #CreativeRealEstate #TheNewFlip #MyRealEstateDojo #HowToGenerateLeads
❤️ [FREE] ❤️ Downloa: Seller phone script & Negotiation role-play training and learn how to structure cash offers and seller financing deals. ▶︎ http://MyRealEstateDOJO.com
-
3:08:37
SpartakusLIVE
9 hours agoDelta Force || Tactical, Strategic, HARDCORE
48.9K2 -
3:32:05
I_Came_With_Fire_Podcast
13 hours agoTRUMP GUILTY Verdict, LA Fires, New American EXPANSIONISM, and Cyber Truck Updates!!
24.8K10 -
1:26:05
Glenn Greenwald
10 hours agoGOP Senators Demand Tulsi Support Domestic Surveillance To Be Confirmed; Group Tracks IDF War Criminals Around The World; System Pupdate: Pointer's Determination To Survive | SYSTEM UPDATE #387
116K65 -
57:27
Flyover Conservatives
1 day agoHealthy People Are Ungovernable: The Secrets They Don’t Want YOU to Know - Tracy Beanz | FOC Show
58.9K6 -
8:36:11
Dr Disrespect
17 hours ago🔴LIVE - DR DISRESPECT - DELTA FORCE - INTENSE SITUATIONS ONLY!
251K27 -
4:01:30
Nerdrotic
13 hours ago $35.57 earnedHollywood National DISASTER! Studios Terrified, Star Wars FAIL | Friday Night Tights 336 w Raz0rfist
148K45 -
2:52:10
Edge of Wonder
12 hours agoLA Fires: Biblical Inferno as Hollywood Burned Down
49.2K17 -
12:35
China Uncensored
11 hours agoHas the Coverup Already Begun?
61.3K31 -
1:09:12
The Big Mig™
14 hours agoLet’s Talk Music “Karmageddon” w/ Iyah May
47.4K8 -
1:00:22
Sarah Westall
9 hours agoLoss of Confidence in the Medical System, Real Facts and Data w/ Dr. Michael Schwartz
48.3K5