BiggerPockets Real Estate Podcast
AMA (Ask Meyer Anything): Seller Financing, A Better "BRRRR", & Do You Need an LLC?
Dec 16, 2024
Unlock the secrets of seller financing—discover when it's a smart move for both buyers and sellers. Explore the benefits of investing in one-bedroom rentals and the unique new BRRRR approach to building wealth from your primary residence. Understand the necessities of forming an LLC for protection and clarity in real estate investing. Plus, dive into the often misunderstood world of wholesaling, as the hosts tackle the misconceptions surrounding this lucrative strategy and how to identify genuine opportunities.
37:33
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Quick takeaways
- Seller financing can provide mutually beneficial terms for both buyers and sellers, balancing cash flow needs and tax benefits.
- Investing in one-bedroom properties presents high demand opportunities, alongside potential challenges in maintenance and management efficiency.
Deep dives
Understanding Seller Financing
Seller financing can be a beneficial option for both sellers and buyers, depending on their specific needs and circumstances. For sellers who own properties free and clear and prefer cash flow rather than a lump sum, structuring a seller financing deal can be advantageous in reducing tax burdens and ensuring steady income. However, if a seller urgently requires cash, traditional sale methods may be more appropriate. Ultimately, the success of seller financing hinges on mutual agreement and structured terms that satisfy the goals and needs of both parties involved.
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