Meetings now In-Person and open to all.
Non-members: $20 Door Charge ~ Members Always Free
Today we're seeing many changes in the market, how we're finding Deals and what kind of Deals we're doing. Seller financing has always been a lucrative tool for winning that complicated Deal and building wealth.
Whether you offer a long-term amortized loan or a short term with Balloon, this is a Win-Win for both Buyer and Seller. Even if Buyer defaults, you get back a property the with a lower mortgage on your books and maybe some improvements added by the Buyer.
Tonight we're bring you a panel of pros to discuss where, when and how to structure a seller-financed Deal. They'll explore:
- When to use a seller-financed loan
- Where to find those Deals
- Contract for Deed vs Mortgage and Note
- Important terms to include
- Buyer and Seller responsibilities
- Buyer restrictions that make sense
- Escrow agent services
Larry Kelly is a seasoned investor, real estate broker, contractor, landlord, property manager and one of REI NWA's most valued resource. He's negotiated everything from residential/commercial sales to leases, evictions and keeping tenants in place. Larry always has good stuff we want to hear.
Darren Gibbs is a local attorney whose real estate practice is geared to investors and includes contracts, lease agreements, business formations, construction disputes, land use and zoning, multiple-partner investments, owner-financed contracts and estate planning.
Kathleen Everitt is Director of REI NWA, co-founder of Investor Escrow Services and a sometimes investor. With 30+ years in real estate, she brings a unique perspective to any transaction. Her latest venture, servicing investor-financed loans, offers a valuable, missing service to our NWA market.