Show Notes:
- Introduction to owner financing in real estate
- Definition and basic concept
- Benefits for sellers: recurring cash flow, tax minimization, increased returns
- Why land is ideal for owner financing
- Less risk compared to properties with structures
- Difficulty in obtaining traditional financing for land purchases
- Higher interest rates and favorable terms for sellers
- Strategies for successful land investments
- Aim to recoup principle within 12 months
- Value-adding techniques: buying at a discount, subdividing parcels
- Example of subdividing a parcel into 6 pieces for profit
- Listing land for owner financing
- Offer as a secondary option to cash purchase
- Example of how to frame the listing
- Terms of owner financing arrangements
- Down payment requirements (15-25%)
- Interest rates and amortization periods
- Flexibility for larger loans
- Vetting potential buyers
- Using credit and background check services
- Criteria for accepting or declining applications
- Importance of loan documentation
- Choosing the right instrument (Deed of Trust, Mortgage, or Land Contract)
- State-specific considerations
- Consulting with a real estate attorney
- Selling land notes
- Criteria for maximizing resale value
- Platforms for selling notes
- Servicing the note
- Using loan servicing companies
- Importance of straightforward foreclosure laws
💰 Apply for Deal Funding 👉 CLICK HERE
👥 Apply for Private Coaching 👉 CLICK HERE
Follow Clay's Socials
Linkedin | Instagram | Twitter | Youtube
Create consistency from the chaos
& build the land business you want 🚀
🔗 Join The Next Landman Challenge → https://clayhepler.io/landman-challenge/?utm_source=youtube&utm_medium=video&utm_campaign=ground-game-year1
---
📘 DOWNLOAD THE FREE LANDMAN EBOOK + TEMPLATES
Stop burning $50,000 per mistake in land.
This is the field manual that fixed our 10 biggest leaks and turned them into predictable $25K wins.
👉 Get the FREE eBook + Templates now → https://clay.land-man.io/landman-ebook
👉 JOIN NOW my Landman Community in Skool CLICK HERE
👉 Apply for Private Coaching with Clay: CLICK HERE!
👉 Apply to Get Funded On Your Next Land Deal: CLICK HERE...
The Landman Show