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Contrary to popular belief, seller financing benefits the seller as much as the buyer. Mastering this powerful technique will bring unbelievable investments within your reach, build rapport, and open doors for future win-win transactions. This camp will build your confidence, create a vision of options, and revitalize your ambition to invest.
Here is what Mike Stambaugh, a successful MWI student, said about this event:
"If you haven't yet been to seller financing, get there! It is an amazing camp with some of the BEST information- period. I have taken Mike's Seller Financing camp twice. The info is so ridiculously powerful, I am forever "hooked" on the concept. It makes average deals fantastic if negotiated correctly. Furthermore, Mike will be spending 3 days on today's market place and current market conditions. Seller financing is critical to one's success.
- Mike Stambaugh
P.S. I may have just negotiated 2 years of seller financing at 0% interest and NO payments on 5 APN's, 1 with a house and 1 with a duplex... 2 years of cash flow while entitling the other 3 parcels.... Yeah baby!
In light of the slow national market, Mike recently gave these 10 reasons that serious investors must be at this camp:
1. Learn how to get rid of banks.
2. Be able to offer mortgages to people who can’t get them.
3. Use seller financing as a capital raising tool.
4. Learn simple assumptions.
5. Learn how to buy and sell LLCs instead of properties.
6. Build up huge residual income and positive cash flow.
7. Property-less passive income.
8. Recyclable mortgages.
9. Learn how to decollateralize buildings with seller financing on them.
10. Learn how to finance anything.
You will become an expert in:
- Turning any kind of sale into a seller financing deal
- Converting lease options into seller financing
- Making down payments commercial/conventional with no money down
- Understanding tax implications
- Incorporating 1031’s and seller financing in the same deal
- Paying a mortgage off quickly by wrapping
- Reviewing assumption addendums and novation agreements
- Buying down interest rates
- Performing 1st, 2nd and 3rd combos
- Creating seller financing partnerships
Other Seller Financing topics covered in this degree camp include:
- Trust deed and notes
- Escrow companies
- Value of title
- Insurance issues
- FHA/government loans
- Contract language and disclosure
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- Calls/balloons
- Pre-payment penalties and bonuses
- Interest only vs. principle payments
- Seasoning issues
- Simple/qualified assumptions
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