The Truth About Seller Financing Real Estate (What You Need to Know)

Рет қаралды 25,196

Жыл бұрын

In this video, I'm going to teach you everything you need to know about seller financing real estate. I'll discuss the pros and cons of doing these types of creative real estate deals so you can understand the risks and rewards involved.
If you're interested in investing in real estate, or simply buying or selling a home, then you need to watch this video! I'll teach you what to look out for when doing these types of deals. Check it out!
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Пікірлер: 58

@jamelgibbs Жыл бұрын

↓ Click the link below to become a subscriber ↓ reieducationacademy.com/KZfaq-Subscribe Also, share and leave a comment below.

@ivanware626 Жыл бұрын

Bruh! You are really helping those of us who are trying to get into real-estate, thanks for everything Bruh!!!

@jamelgibbs Жыл бұрын

💪🏾💪🏾

@deacondc112 Жыл бұрын

OMG, you are the truth!!! Man, we totally appreciate your real, your knowledge and your gems 💎 about the business!! I'm in this deal for the long haul and finding your channel has been a blessing for me and my journey. Following!!!

@jamelgibbs Жыл бұрын

🙏🏾

@jeremymoore952 11 ай бұрын

Thanks Jamel for sharing this real estate knowledge brother keep the videos coming ✊🏿

@ABcareerMatch Жыл бұрын

This is gold! Thank you for sharing

@alwaystamcam8849 3 ай бұрын

Thank you so much!!! A lot of great information!

@patrickharris5769 Жыл бұрын

I bricked I wanted to throw my name in the hat for your apprenticeship project, but I didn't want to play myself, as far as my living situation would have defiantly interfered with my 100% dedication. You are very well spoken, believable, I do feel that if I studied and put into practice the material present in each of your sessions, I could actually make a way out of no way.

@deidrastradingjournal6962 Жыл бұрын

I love your content so much. Keep making videos!!

@jamelgibbs Жыл бұрын

🙏🏾💪🏾💪🏾💪🏾

@whoarie 11 ай бұрын

Solid my man. Solid. 👍🏽

@bernardbarbour 14 күн бұрын

Excellent content Sir. Thank you.

@MompreneurTalks 2 ай бұрын

Great info. Thank you!

@danielacker3615 Жыл бұрын

Great video! Could you do a video where you have a numbers on deal you have & with an extension on the balloon? Thanks

@GorillazGames 9 ай бұрын

I appreciate the pros and cons presentation. I am not an investor; rather, just a guy looking to move his family into something a bit more spacious....and better. I have the $$$, now I just need the🧠

@R0404 Жыл бұрын

Great video, bro

@kashfortheking 10 ай бұрын

Your channel has really blown up! I saw that original video and you hadn’t hit anywhere near 100k yet. God is good!

@heyjaylock Жыл бұрын

Very helpful thank you!

@jamelgibbs Жыл бұрын

Glad it was helpful!

@naaopoku314 15 күн бұрын

Thanks for sharing

@caribbeansolutions4052 7 ай бұрын

Good video.

@danielanglero3408 2 ай бұрын

Great content 🍿🍿💥💥💥😡💥💵💵

@paralleldefense Жыл бұрын

What are the risk for the seller ?

@sheritacotten5293 Жыл бұрын

most sellers do not understand what owner financing is it is up to us to explain to them use the F150 story by Pace Morby

@deesantana1908 Жыл бұрын

📠

@user-qm9bh1we6y 2 ай бұрын

If you take over a mortgage will the bank check your credit?

@johntrimble9669 2 ай бұрын

what cons for seller financing a second?

@MsHairis8 Жыл бұрын

This seems really interesting and a very new concept for me. My question is since there’s no credit check or bank involved what security is there that the person renting the house is not going to just stop making payments? Have you ever dealt with that doing a rent to own that the renter dips out?

@vanesahughes7169 Жыл бұрын

It’s possible that the person could dip, but that’s why you would require a certain amount of money down. This will be no refundable should the person dip, as outlined in the contract between the two of you. So far it’s working awesome for me!

@listenoutloud1729 Жыл бұрын

@@vanesahughes7169 are you willing to give some insight to the approach and steps you have been using and in what State you are in!??

@chihhu5751 11 ай бұрын

What is an reasonable amount of down you would request ?

@iamsuky4251 4 ай бұрын

@@vanesahughes7169 hey, Im looking to get started with buying homes seller financed. Could you share the contract you use?

@fahnlohneeht6794 Жыл бұрын

In seller financing , does the seller pay the bank still or do I now ‘own the mortgage and paying bank, own title, …?

@annettewebster982 9 ай бұрын

Bank isn't involved. It is a deal directly between buyer and seller. Just make sure to have the proper paperwork and the terms listed clearly so neither party is confused.

@batatasol8540 22 күн бұрын

Sir quick question: I have a seller Finance deal: Purchase price: $95,000 - Down payment: $15,000 - No interest - Term: 10 years - Monthly payment: $700 Owner have the property free & clear. If I purchase this property, can I pull out the equity from this seller Finance after rehab? Or I can do refinance? Thank you for your response.

@jamelgibbs 21 күн бұрын

I would do a heloc and keep the no interest loan.

@erbj1122 Жыл бұрын

How can I contact you. Im 20 min South of Charlotte North Carolina.

@raymondroysr. 2 ай бұрын

do not get a balloon payment i have loss my house because of it an i just spent $21,000 on heating an piping an $8,000 5years ago for new roof do not get it

@hop4ap Жыл бұрын

When talking seller finance the terms are the meat of the deal, Talk more about the type of terms u may want to present to the seller.

@jamelgibbs Жыл бұрын

Amortization Explained | Real Estate | Creative Real Estate Investing kzfaq.info/get/bejne/Z9xja6irp7fRY4U.html How To Make An Offer On A House | Creative Real Estate Investing kzfaq.info/get/bejne/qcCqjLKDxMmUiWw.html Structuring Owner Financing Deals kzfaq.info/get/bejne/nMB6laiJ1rnVl30.html

@hop4ap Жыл бұрын

Thx

@ArtisticallyAspiring Жыл бұрын

Do you have a course on seller finance

@jamelgibbs Жыл бұрын

Yes. It’s actually on sale until tomorrow. Check it out here: reieducationacademy.com/bogo

@hashimsalim2665 2 ай бұрын

😀

@mywellnessdojo1939 Жыл бұрын

Per this video, and also re: your other video about OPM/seller financing, you mention structuring a deal with seller for ex, 120 payments, and alternatively with the renter buyer, (may not be the term you used but the renter,) to make 60 payments, you mention as a con in this video not qualifying for a mortgage, it this scenario, do you need a mortgage? Any other big con or worst case scenario to factor in with seller financing?

@jamelgibbs Жыл бұрын

I’ll answer this in detail in my next Q & A video.

@michaelstockston5989 Жыл бұрын

Is it possible for the sellar to give me cash I take over the fire-damaged house along with the monthly and the taxes and fees and when I refinance the house after the fire rebuilt I'll be able to pay them in full and keep the remainder balance of the refinance is that possible

@jamelgibbs Жыл бұрын

Depends on what you negotiate with them

@powerfountain8761 Жыл бұрын

I have a company looking to buy off market botique hotels. Let me know if you are interested.

@eze289 3 ай бұрын

No money no honey😮😮😮

@hachemjean 9 ай бұрын

You really think an owner will finance a 480 credit score with 5k down, you tripping, foreclosure costa 30/40/50k if the down is not bit enough no seller will do it and for 480 score hahaha

@jamelgibbs 9 ай бұрын

Ok. You keep doing what you’re doing. More deals for me. ✌🏾

@HTSS8 Жыл бұрын

So it's Pros and Cons for the Buyer. This is not clarified by the title and only picked up on as the video proceeds. This is not responsible content production. You need to say exactly what you're talking about. It shouldn't need to be said that there's Pros and Cons for the Seller too. So whoever you're talking to, say that clearly. Prove basic communication skills before going on and on for weeks and months and years with an informative platform that misses easy points of communication. So either you're doing it on purpose to be misleading or ignorantly, which both mean you have not legitimate creditentials for the platform you're trying to stand on. As is the case with almost every channel

@bigmike208McDizzle 10 ай бұрын

I have noticed most if not all these KZfaq videos on creative financing….are trying to help investors….they don’t really care about the sellers at all. Not surprising of course….everyone has sold there soul to the devil in this country.

@pravak6745 10 ай бұрын

lighten up Francis

@hachemjean 9 ай бұрын

Most of what you said is wrong or irrelevant. Call this video how to waste 5 min of your time

@jamelgibbs 9 ай бұрын

Glad you figured out that this channel isn’t for you then. 🤷🏾‍♂️