Section 6: Bonus Lesson: Creative Financing for Flips

This video recording is from Flip School, Module 5 in Financing Your Flips. In this lesson we go through using Creative Financing as another strategy:

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VIDEO CONTENTS: 0:00 – Introduction

1:23 – Typical methods to fund flips

*Please note: I mentioned not having to use any of your own money. In some instances, depending on structure, you can eliminate having to come in with money. Seller Financing does not negate having to come in with with cash, though (for instance, to have to pay for the renovation).

02:57 – What is Seller Financing?

06:11 – What is Subject To?

09:29 – Example using Hard Money

12:28 – Same Example with Seller Financing

20: 48 – Why would a seller accept Seller Financing?

28:44 – Seller Objections

39:35 – Paperwork needed

44:14 – Why don’t more people use this?

53:25 – How to protect yourself

59:24 – Example #2 with mortgage

1:07:42 – Contact info 1:09:20 – Outro