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Advanced Strategies Conference
IRA Class

UPCOMING EVENTS



15th Annual Advanced
         Strategies Class

    Atlanta,GA
    January 17 & 18, 2009
More Info & Sign Up

Self-Directed IRAs
    Atlanta,GA
    Feb. 21 & 22, 2009
More Info & Sign Up


Hard Money Lending
    Atlanta,GA
    March 21 & 22, 2009
More Info & Sign Up


Buy & Sell Using
Owner Carryback Financing

    Atlanta,GA
    Apr. 25 & 26, 2009
More Info & Sign Up

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Owner Financing

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

Hilton Garden Inn - Atlanta Airport

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.



 

 

 
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