Are you in over your head?

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 back…

Mary (I changed her name to protect her privacy) stormed to the front of the room, coming towards me with her eyes locked on mine. I knew she had something important to say or she was just mad about something…

“I want to stop learning and start earning!”

I was lost for words.

Not sure what to say I replied, “How do you mean?”

She continued to pour her heart out…how tired she was, staying up late every night to watch videos and listen to trainings…you can tell she was way ov

Seller Financing a Property with a Mortgage

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 important in qualifying them?  And what are you looking for on a credit report?

Find out all the answers on this quick hit segment from Invest in Yourself.

Seller Financing – The Market is Ripe

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!

Paul talks about a fix and flip is doing on his own right now. He goes into details on the comps, the area and how he measures the value of the property.

Watch the video below to learn more!

Seller Financing – Talking to Prospective Buyers

Nathan Amaral joins Larry on Invest in Yourself. In seller financing, you are most likely going to have to deal with buyers, so Nathan gives a few tips on how to handle those conversations.

How do you have the right mindset to deal with buyers effectively? How do you take control of the conversation? Why should you be the one asking questions and not the buyer?

Nathan shares an exercise you can you use with an old checkbook to build your comfort talking and dealing with larger and larger numbers.

Find it all out and more on this segment from Invest in Yourself!

Invest in Yourself – Seller Financing

This episode of Invest in Yourself is all about seller financing. Larry is predominantly using seller financing to sell properties in the current market, as right now it allows him to earn more money than wholesaling and allows him to be more competitive with with his offers. As the markets continue to “come back”, it is important to look into and implement strategies that will allow you to grow your business in current and future market conditions.

Paul Olson joins the show to talk about a few deals in the pipeline and share a deal he is working on right now. Bill Fairman from Carolina Hard Money (dot com) talks about how you can seller finance a property that has a mortgage on it.

Nathan Amaral talks with Larry about how to talk to prospective buyers to leave them itching for your property, and Melissa Floyd, one of Larry’s Senior Business Advisors chats with Larry about a few challenges and success stories from her real estate students.

Want to know more about seller financing? Then watch this episode of Invest in Yourself now.

Building Passive Income

This episode of Invest in Yourself is about Building Passive Income. We all want it, but how do you structure your real estate business to get it?

Larry, Paul and Randolph show you what you need to know about both buying and selling homes to build passive income. Wendy Sweet joins the show to talk about the impact of financing and Nathan Amaral joins Larry to talk about putting on the blinders to gain laser sharp focus in your business.

Your Content Bonuses – Building Passive Income

Your Content Bonus >>