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

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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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Опубликовано:

21 ноя 2022

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Комментарии : 60

@jamelgibbs 25 дней назад

Find off market lists of absentee, pre foreclosures, 40% equity, single family. Get 30% off Propstream: bit.ly/vippropstream

@ivanware626 Год назад

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

@jamelgibbs Год назад

💪🏾💪🏾

@jamelgibbs Год назад

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

@deacondc112 Год назад

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 Год назад

🙏🏾

@patrickharris5769 Год назад

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.

@kashfortheking 11 месяцев назад

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

@bernardbarbour Месяц назад

Excellent content Sir. Thank you.

@sheritacotten5293 Год назад

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 Год назад

📠

@GorillazGames 10 месяцев назад

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🧠

@deidrastradingjournal6962 Год назад

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

@jamelgibbs Год назад

🙏🏾💪🏾💪🏾💪🏾

@jeremymoore952 Год назад

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

@alwaystamcam8849 4 месяца назад

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

@paralleldefense Год назад

What are the risk for the seller ?

@MompreneurTalks 3 месяца назад

Great info. Thank you!

@kindragrin 13 дней назад

Ok ...seller finance ..I her u can wholesale u can do diff things ...what do u do if I don't want at the time to be a land lord ...or property manager to pay the money back to sellar monthly

@danielanglero3408 4 месяца назад

Great content 🍿🍿💥💥💥😡💥💵💵

@MsHairis8 Год назад

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 Год назад

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 Год назад

@@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 Год назад

What is an reasonable amount of down you would request ?

@iamsuky4251 5 месяцев назад

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

@heyjaylock Год назад

Very helpful thank you!

@jamelgibbs Год назад

Glad it was helpful!

@naaopoku314 Месяц назад

Thanks for sharing

@whoarie Год назад

Solid my man. Solid. 👍🏽

@danielacker3615 Год назад

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

@ABcareerMatch Год назад

This is gold! Thank you for sharing

@batatasol8540 Месяц назад

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 Месяц назад

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

@user-qm9bh1we6y 4 месяца назад

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

@R0404 Год назад

Great video, bro

@johntrimble9669 4 месяца назад

what cons for seller financing a second?

@fahnlohneeht6794 Год назад

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

@annettewebster982 10 месяцев назад

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.

@hop4ap Год назад

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 Год назад

Amortization Explained | Real Estate | Creative Real Estate Investing ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-1v38EzBQm3Q.html How To Make An Offer On A House | Creative Real Estate Investing ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-sZzYOR_c0Y8.html Structuring Owner Financing Deals ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-fZJbEXqSqgI.html

@hop4ap Год назад

Thx

@caribbeansolutions4052 8 месяцев назад

Good video.

@raymondroysr. 3 месяца назад

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

@mywellnessdojo1939 Год назад

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 Год назад

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

@ArtisticallyAspiring Год назад

Do you have a course on seller finance

@jamelgibbs Год назад

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

@erbj1122 Год назад

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

@michaelstockston5989 Год назад

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 Год назад

Depends on what you negotiate with them

@powerfountain8761 Год назад

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

@hachemjean 10 месяцев назад

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 10 месяцев назад

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

@HTSS8 Год назад

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 Год назад

I have noticed most if not all these RU-vid 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.