Secret Insider Technique #1 For Buying Real Estate: Seller Financing

By Gregg Cohen

Thanks for hoppin’ the blog! Over the next couple blogposts, I wanted to share my 3 favorite Secret Insider techniques for acquiring massive wealth in Real Estate with no cash, no credit and no banks. These strategies we will be discussing here are the absolute exact strategies the gurus teach in their training courses, bootcamps and coaching programs.

How do I know this to be correct? Because I went to all of those guru seminars and bought their courses! And as a result of investing in our education, we’ve done over 125 deals over the past 5 years – many using the same Secret Insider Techniques I will be sharing with you!

So, without further adieu, let’s get into the meat of the articles!

If you'd like to read my special report that has all 3 of the Secret Techniques, just click here!

Secret Insider Technique #1:

Seller Financing is long-term wealth building on Steroids!

I’m comin’ out of the gates swingin’ with my absolute favorite way to acquire real estate. And if you think this is a money-maker, then I know you’ll stay tuned to the next two blogposts just to see what else I have in store for you.

This technique is called Seller Financing (aka “Owner Financing”), and let me tell you, there is no faster way to build long-term wealth. Now here’s how it works:

When people typically buy a property, they work with two major parties – the seller and the bank (now, there might be realtors who act on behalf of the buyers and sellers, but let’s forget about them to keep it simple.)

But, with seller financing, we ask the seller to BECOME the bank. We do this by asking the seller this magic question (write this down, it will make you wealthy if you apply it!):

“Mr. Seller, I can pay you the price you want for the property, but I’ll have to pay you over time. Can you handle that?”

“Paying the seller over time” is another way of saying you will pay off the loan over time. What you are doing is creating a loan with the seller, instead of with the bank.

Now here are the benefits of doing a seller-financing transaction:

1. No bank red-tape or a loan approval process
2. No loan origination fees or any other bogus fees that a bank typically charges
3. No credit needed to do a transaction like this
4. Who said anything about 20% down? How about putting $0 down!
5. Who said anything about paying interest? How about 0% interest!
6. You are only limited by your financial creativity!

I hope you can see the awesome power that Seller Financing offer have when it comes to building your wealth. Buying real estate has always been a successful strategy for building long-term wealth, but Seller Financing offers are like long-term wealth building on steroids! Start making these Seller Financing offers today and watch your wealth sky-rocket!

Stay tuned to my next 2 blogposts and I’ll reveal my other 2 Secret Insider Techniques…