Q: What is the ideal length of time for a rent to own, lease option land contract? A: in my experience, a minimum of 36 to 60 months is ideal. It gives you time to build up equity in the property and a monthly cash flow for at least 3 to 5 years. This is the key to increasing our ROI on a minimum down payment of 3K to 5K down. Low down. Low risk. Greater ROI. Q: what is the longest land contract that you’ve ever had? A: 30 years, but I put in no prepayment penalty. I sold it after three years, but could have gone the whole 30. Why would a seller do that? He didn’t want to leave a lot of money to his children and would rather spread it out over time.

Q: How do you keep track of the mortgage being paid by the seller? A: the agreement you can state the conditions of getting a copy of the mortgage statement and the tax bill every quarter, six months or annually Actually, you can also follow the tax bill for whatever county the property is in to be sure there are no for or delinquent taxes. Q: how do you determine if there is enough return on investment to complete a transaction? A: I look at the down payment, for example 5K down. If I can’t 10 X that in 36 to 60 months, I typically will walk away. In reality, the 5K should be worth 50,000 in equity if the property goes up 3 to 5% in value in depending upon the purchase price, of course There’s an additional monthly cash flow and I try to get 300 per month that’s an additional $18,000 When you add the two together, it’s more than 10 X The home pictured was $85,000 They would do owner financing for just one year Within the first year, I borrowed hard money at 10% and then sold the property three years later for $139,000 It was an estate, and I bought it directly from the children The key is low down $ to control property. I have put down 1000, 3K, 5K and the most ever 10 K which was on an eight unit listed below on and other post

I don’t know what you’re waiting for, it’s the best buyers market in the last 25 years! Just go on Facebook or Google search owner or seller financing and they’re literally are tens of thousands of sellers willing to carry paper. You can get in with Lil or no money down. I believe the window will be open for this for a minimum of 12 to 18 months! Send me a chat message and let’s talk! If we’re not a good fit, we will find out If we are a good fit, get ready for the real estate journey of your life! Let’s go!

Jam packed full of gems for your very own BB Vault! What’s keeping you on the sidelines? I have 35 years in and going strong! The short interview can be worth millions in your real estate portfolio

Here’s a comprehensive list of online platforms and tools where you can find real estate that may be available with seller/owner financing (creative financing) or direct owner-to-buyer deals (no bank) — including dedicated FSBO sites, classifieds, social media, and niche owner-financed property marketplaces:Owner Financed Homes HQ+1 🏡 Dedicated Owner Financing / Creative Financing Real Estate Sites 📌 Owner-Financed Property Marketplaces These sites are designed (or widely used) to find properties with seller financing, rent-to-own, or no/low credit owner financing: - Shop Owner Finance – Online marketplace specializing in homes you can purchase with owner financing (even with credit issues). Shop Owner Finance - LandWatch – Owner Financing Filter – Lists homes & land nationwide that include “Owner Financing” filters helping you find creative finance deals. Landwatch.com Note: Some specialized sites like ShopOwnerFinance.com focus on broader creative financing and rent-to-own deals (not traditional MLS). Shop Owner Finance 🏠 FSBO (For Sale By Owner) Websites These general “by owner” marketplaces often have sellers willing to negotiate financing directly because they’re avoiding agents & banks:Wikipedia - ForSaleByOwner.com – One of the largest FSBO networks in the U.S. for homes sold directly by owners. For Sale By Owner - FSBO.com – Another FSBO marketplace; using search terms like “seller financing” or “owner finance” can uncover deals. Accounting Insights