Monday Jul 29, 2019
Ep 065 How Dustin Hamel (a fellow listener) Structured His First Creative Financing Deal
Dustin Hamel invests in the Fresno California market and has been a follower of our podcast from the beginning. Listen closely as Dustin explains how he was able to offer the Seller more than he would on a standard flip, create a 10yr term at a low interest rate with a small down payment and meet the Seller's needs.
This is a rudimentary episode for anyone who has yet to do their very first creative financing deal because Dustin explains in detail how he presented the option of owner financing to the Seller and how he was able to negotiate a good deal for himself and for the Seller. The Seller was able to net more money opposed to selling for cash and receive a monthly income from the property which she wants to pass on to her heir. This is a great example of using creative financing to create a true win/win deal, and you can do it to!
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