I’m stoked about the Q&A event I am hosting tomorrow! I’ll be in the crosshairs answering any and all questions on how to get Seller Financing from Banks. Bring it on!
In the meantime, I wanted to answer a couple of the top questions that everyone seems to have about this topic.
Q. Will banks REALLY Seller Finance to me?
A. Yes, they will. There are actually many reasons why they will do it. The bottom line is that all you have to do is ask them. You have nothing to lose.
Q. What kind of banks should I approach?
A. Not the huge banks. I recommend you first talk to banks with 50 -100 branches. Among other reasons, It is usually easier to find the “decision makers” at banks of this size.
Q. What do I say to the bank?
A. If you’re serious about finding great REO and bank-owned properties, go to the bank, and say, “I will buy any of your REO properties that qualify for my deal evaluation standards…. AND that you are willing to finance to me.” (I’ve even had a student just EMAIL that question to a bank, and he got a very profitable answer!)
Those are just a few of the questions I’ve been hearing, and I have a LOT more training on this topic I am ready to share with you.
My students and I are doing some amazing things right now with Bank Seller Financing. The cool thing is that it isn’t that hard to do! Make sure to join me on the Webinar to learn more, and to get your questions answered.
