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352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms

352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms

FromReal Estate Rookie


352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms

FromReal Estate Rookie

ratings:
Length:
48 minutes
Released:
Dec 28, 2023
Format:
Podcast episode

Description

Seller financing is a great way to fund real estate deals on YOUR terms. But why would a seller agree? In this episode, we’re taking a deep dive into the topic—showing you how to pitch seller financing like a pro and get your offer accepted!
 
Welcome back to another Rookie Reply! Beyond seller financing, Ashley and Tony discuss the ins and outs of scaling a real estate business and some of the most common mistakes that rookie investors make along the way. You’ll also learn why you should keep a mortgage in one person’s name, how to minimize your debt-to-income ratio so you can scale faster, and how to identify the perfect loan products for your portfolio. Finally, good contractors are hard to find, but our hosts deliver some expert advice on how to negotiate with them and protect yourself!

If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).

In This Episode We Cover
The best ways to pitch seller financing (and get your offer accepted!)
Pitfalls to avoid when taking on more real estate debt
Scaling your real estate business faster with UNIQUE loan products
How to negotiate pricing with contractors for your home renovations
Why you MUST build your own scope of work when getting contractor bids
And So Much More!

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-352
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com
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Released:
Dec 28, 2023
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.