Tuesday, April 22, 2008

Seller financing

If the seller does not need immediate cash, they may consider to finance you. You can write a mortgage contract, agreeing to pay the seller a fixed percentage rate, and set monthly payments. After you sell the property, you can then pay off the mortgage note to the seller. Whatever way you look to finance your real estate investments, make sure your cash flow calculations work. The financing will be easy to find if you have good cash flow numbers on your deal. Money is required to do a deal, and no-money-down means that you do not put any of your own out of pocket funds into the investment.