Sallie & Freddie Get Kicked in The Fannie! There is a lot of talk these day about the Federal interest rates. Are they going up, are they going down, what will happen next? A lot of investors are wondering, distracted and some just waiting for the market to “cool” down before they get in. But the opposite is true! Now is the best time, especially with this strategy that I am about to share with Read More
This student stumped me… Recently, I finished speaking to a room of Real Estate Investors. Normally, I have a few investors that come up to me asking for additional questions and I share with them answers and tips on how to build their Real Estate business with the strategies that I teach. But this time was completely different… I didn’t know how to respond at first because of her tone of voice, I was taken Read More
Why is offering owner financed homes such an attractive option for real estate investors? What are some of the advantages that investors need to be looking to take advantage of? Be the Bank Even in the wake of Dodd Frank, offering owner financed homes is well within the reach of even a beginning investor. You do need to get yourself an RLMO, or residential loan mortgage originator, if you are going to sell to owner Read More
Bill Fairman from Carolina Hard Money talks with Larry about how you can do seller financing on a property that already has a mortgage. What do you need to look at to offer seller financing? Why does the borrower need the “ability to pay”? Does the borrower have the ability/funds to complete the closing? And most importantly, is the borrower willing to make the mortgage payment? Why is the character of your buyer so Read More
Paul Olson joins Larry to talk about Seller Financing and how they are using seller financing in their business. Larry used to do primarily wholesaling, but as the market has turned, Larry has turned to doing more seller financed deals. Larry talks about how, in the current market, he can earn more money by seller financing. The great thing, is it also allows him to spend more money on the property, even full list price! Read More