Modules
Getting deals done is key, and many times a sponsor is needed to do that. In this video Rod teaches you all about sponsors, and why you should use them if needed. You’ll learn why you need them and how to find them. Rod also explains how you shouldn’t be afraid to give up a big piece of your first deal if necessary to get it done. Your goal is to get into some deals so you can put them on your own “resume”.
After sponsors, Rod also reviews seller financing again. You’ll learn how to successfully structure it to create a long-term win-win for everyone involved. You’ll also learn other very important benefits seller financing provides, and a variety of things you can negotiate such as the down payments, rates, and amortization.
Lastly, you’ll learn why you should target owners who have owned for 20+ years as they’re great candidates via their high equity, desire for cash flow, and wanting to avoid a huge capital gains tax hit.
In this video you’ll learn:
• What is a sponsor
• When to use sponsors
• Pros of seller financing
• When to use seller financing
• What properties to target for seller financing
• What you can negotiate in a seller financed deal
- Action Step1
- Action Step2
- Action Step3
