|

Can't attend? Click
here.
"Owner Will Finance" --
Those are magic words. Even in a market where institutional
interest rates are low, those words will get the phone ringing.
Whether you are buying or selling, you need to understand how to get
this financing or take back financing your self without getting
taken!
This class will be of interest to Buyers, Sellers, Real Estate Agents,
Note Brokers and Note Investors. We will consider the difference in
terms and financing you would want as buyer versus those you would want
as seller. We will also discuss how selling and carryback financing can
benefit the investor who wishes to retire from day-to-day management.
Below are just some of the topics we will cover.
-
Getting
a Higher Price for the Property, while Selling Faster
-
Difference
in Balloons & Calls – when to use each
-
WRAP Notes & Mortgages
-
Lease-Options,
Lease-Purchases, pure Options & Land Contracts as financing tools
-
Terms
& paperwork depending on whether you are Seller, Buyer, or Note
Buyer/Broker
-
Clauses
to include in Note & Mortgage
-
Interest
only, normal & negative amortization
-
Getting
Seller to give you 0% financing
-
Tax
reporting – installment sales1098, 1099, Section 121, dealer sales,
capital gains, SE tax
-
Dealer
property issues and owner financing
|
-
How to
Purchase Subject-to
-
Dealing
with Insurance
-
“Nothing
Down” v. “No Money Down”
-
Getting
Guarantors/Co-Signors
-
“Abandoning”
the Collateral and suing on the Note as alternative to a Deficiency
Judgment
-
Collections
& alternatives to foreclosure
-
“Walking the Mortgage”
-
Additional
Collateral
-
The
relationship of Price & Terms
-
Discount
for early payoff & lump sum payments
-
Substituting
Collateral
-
Using
pure options to control property for future appreciation
|
Experienced real estate investors know
that you must understand owner carryback financing if you are to stay
in the game for the long term. You cannot always depend on
conventional sources of financing.
They know that when you sell,
you can...
-
Get top price by taking terms rather than all cash,
-
Sell faster to a larger pool of prospective buyers
-
Defer taxes on any gain by using an installment sale,
-
Receive a higher rate of return than if you put after-tax
proceeds
from a cash sale into another investment, and
-
Receive monthly income secured by property you know.
But, they also know that when
you buy, you can...
-
Often get an effectively lower price based on negotiated terms,
-
Buy faster and without all the paperwork, time and expense of
conventional lenders,
-
Take loans "subject-to",
-
Often get a lower interest rate, and
-
Chance to further discount in the future.
So, what is so hard about owner
carryback financing?
Can’t a real estate attorney draw up the
paperwork based on the terms on which we agree? Sure. But
you want to control the deal. Letting an attorney use generic or,
worse, Fannie Mae forms, will put you at a disadvantage. Don’t
let this happen to you. You should control the paperwork and I
will give you the forms and clauses to use.
Each buyer or seller with whom you deal
has a particular personal situation and their own concerns.
After this class, you will be armed with
several techniques you can use to structure deals that are
good for you…as well as addressing their needs and concerns.
Will you always be able to get owner
financing when you purchase? Of course not, but you will never
get it if you don’t ask! And don’t forget that you may be able to
get partial owner financing even when you are getting a conventional
loan.
We will cover other techniques that will
help you make money more on your deals. For instance, do you know
how to negotiate discounts both on mortgage notes you are collecting and
on those you are paying to increase your rate of return?
Do you know the tax issues involved
with owner financing?
These can be used not only to put more
money in your pocket, but can be used to negotiate a better deal.
And real estate investors who quick-turn property need to understand
taxes to make sure they have enough funds to pay taxes at the end of
the year—on both the buy and sell sides.
Investors who have decided they want to
take it a little easier and sell off part of their holdings can use
owner carryback financing to gain a higher investment return and
postpone paying taxes. By doing so, they are using the tax
savings to generate even higher returns. We will discuss the
clauses that the loans must contain to protect the seller in case of a
default as well as general interest rate increases in the market.
This can also be a great investment for
those who recognize the security of real estate, but don’t want to deal
with tenants. Understanding and using Wrap mortgages, an investor
can increase their returns even with moderate interest rates.
If you are serious about growing your business and
investments, you need the information here. Sign up today!
|
Hilton Garden Inn - Atlanta
Airport
2301 Sullivan Road
College Park, Georgia 30337
(404) 766-0303
Click
Here for Directions
Pre-registration ends 04/20/2009
|

|
Room Rate: $80/Night
Single or Double
Must mention "Boddiford Group"
when making your reservation to receive this room rate. If you are
unable to get this rate, contact the Sales Manager, Sherron at
(678) 686-8295.
|
Conference
begins at 9:00 AM and ends at 5:00 PM each day.
Registration begins 8:30 AM on Saturday.
|
HOW TO REGISTER:
|
Order Online
|
Order By Fax/Mail
|
Order By Phone
|
|
|
|
(770) 428-7846 or (888) 889-4445
|
|
P.S. As with all of my seminars and
books, I personally GUARANTEE this event. If at any
time during the seminar, you do not feel you have received information
worth many times the price of the program, just turn in your materials
for a no hassle refund!
|
Can't
Attend? Get the Buying & Selling Using Owner Carryback
Financing Home-Study Package for only $397 (Includes Shipping)! The
package includes eight
(8) audio CDs,
the course manual, and a forms CD.
|
|