Optimal Finance Daily - Financial Independence and Money Advice 3183: The Quickstart Guide to Seller Financing Real Estate by Kalen Bruce on Alternative Investments
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Jun 19, 2025 Explore the enticing world of seller financing in real estate, where investors can earn steady income without landlord headaches. This approach not only provides flexibility for both buyers and sellers but also opens doors for those struggling with traditional loans. However, it comes with risks like buyer default and balloon payments, requiring careful planning. Discover how creditworthiness plays a crucial role and find out why seller financing could be the perfect alternative for unique situations!
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Seller Financing Basics
- Seller financing eliminates banks by letting sellers finance the home themselves.
- It benefits sellers with steady returns and helps buyers who can't get traditional loans.
Landlording Without Repairs
- Seller financing lets you be a landlord without repair hassles.
- Your main job is ensuring the buyer keeps up with payments.
Avoid Mortgage Conflicts
- Avoid seller financing if the home has a mortgage with a due on sale clause.
- Ideally, use all-cash properties or mortgages without the due on sale clause for seller financing.