These are exclusive for realist.ca members. I trained these to run calculations and write VTB term sheets the way I do it for my deals. Calculate the VTB benefit to the seller https://chatgpt.com/g/g-nnbt9fMkV-vtb-seller-calculator Create a VTB term sheet for negotiations in a Schedule in your offer: https://chatgpt.com/g/g-ockwQb39b-vtb-clause-generator See how these work for you - let me know if you have any questions or feedback.

I'm sharing my notes on conditions to include in an offer. In hopes you find value in them. Also, I'm not a real estate lawyer :)

Per today's call - here's a template for a VTB Clause we put into agreements: "The Seller agrees to provide a Vendor Take Back (VTB) mortgage to the Buyer in the principal amount of [Principal Amount] at an annual interest rate of [Interest Rate] percent, with interest-only payments of [$XXXX] due on the [Day] of each month, commencing on [Start Date] and maturing on [Maturity Date]. The full principal amount shall be payable on the Maturity Date. The Buyer may prepay the principal without penalty. In the event of default, the full principal and accrued interest shall become immediately due and payable. This mortgage will be secured by the property located at [Property Address], and the Buyer shall maintain insurance on the property and pay all property taxes. This agreement is governed by the laws of [Jurisdiction], and all notices shall be in writing and deemed given when delivered personally or sent by registered or certified mail." @Cam Landry @Ron Asperin @Zach Lawford @Jeremy Clarke

Per yesterday's chat - I just posted a video on how to approximate the tax benefit to a seller. I'm going to redo this with an accountant within the next few weeks. Access the recording: https://www.skool.com/canadian-real-estate-investor-2550/classroom/0a51b7d0?md=38f9c4c2bc0a484689e8607097d262bc Access the google sheet: https://docs.google.com/spreadsheets/d/1bMbHIMDKUgx--M4Unea812Ums6ykSdVae2-PXcN-gE0/edit?usp=sharing

@Ryan Belitsky - from today's Q&A Session This offer is conditional upon The Buyer obtaining, at The Buyer's own expense, any and all required approvals from the necessary governing bodies with jurisdiction over this property, and the obtaining of a result satisfactory to The Buyer in his sole and absolute discretion. Unless the Buyer gives notice in writing delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than _____ p.m. on the ______day of ____________, 20____, that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction. The Seller agrees to co-operate in providing access to the property for the purpose of this inspection. This condition is included for the benefit of the Buyer and may be waived at the Buyer’s sole option by notice in writing to the Seller as aforesaid within the time period stated herein.