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Unlocking Seller Financing The Ultimate Strategy for Investors
9 months ago
7
Alright seller financing and hard money Everybody wants to play that game everybody wants to pretend that they're ready for that game Let me tell you the biggest benefit to a seller that finances and to a hard money lender that loans you the money Their biggest benefit is that if you go bad on this loan they get to take the house back and sell it again They keep your deposit your down payment which if you're a seller taking less than 20 percent down you're making a mistake Because that 20 percent is your profit when they go bad on right So you get that six hundred thousand dollar house back you keep their hundred and twenty grand The hard money lenders are no different They're happy to take the house back They dare you to default
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