Seller Financing: How to do No Money Down Real Estate Deals with Kevin Toston and Lou Brown
These “No Money Down” deals are actually seller financed properties. That means that instead of paying the seller the entire purchase price at settlement, when you close the deal (which is the typical scenario) you will actually pay the purchase price in increments over time. Just like you pay a mortgage payment. The key to doing this is negotiation with the seller.
Watch this video of REI veteran Lou Brown discuss how he goes about convincing sellers to seller finance properties he’s interested in purchasing. Lou Brown has been investing for over 30 years and has never used a bank loan for his investment properties.
Check out the video and continue to visit http://www.REIforLife.com for free tools to help you explode your real estate investing business.
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Duration : 0:4:55
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