As of 2023, roughly 40% of all U.S. homeowners own their homes free and clear of any mortgage or lien. While this is a national average that includes both single-family and multi-family residences, available data does not consistently break down this statistic by the number of units per property type. However, this trend has been rising since […]
The Free and Clear Seller Financing Purchase Strategy Date: October 26, 2023 Prepared For: Real Estate Investors Seeking High-Profit, Low-Risk Deals Source: REISkills.com (Brian Gibbons) & “Free and Clear Cash Machine” Principles 1.0 Executive Summary The “Free and Clear Seller Financing Purchase” is a sophisticated real estate investment strategy focused on acquiring properties with significant equity directly from motivated […]
Report on Seller Carry Financing (Seller-Held Mortgages) Source: www.REISkills.com Subject: A comprehensive overview of seller carry financing, including its types, advantages, disadvantages, key document terms, and strategic considerations for investors. 1.0 Executive Summary Seller Carry Financing, also known as a Seller-Held Mortgage or Trust Deed, is a creative financing strategy where the seller of a property acts […]
Seller carrying a second note for their equity Many times we will buy a property and not give “cash for Equity” but give a “note for equity” and “have the seller carry a second”. I don’t like paying retail for property, and I don’t like going over 90% of comps for a sales price. Why […]