Add Owner Financing Contract Electronically Sign with airSlate SignNow

Add initials Owner Financing Contract

looking for a seller finance contract for your deals i mean you're not the only one i don't know why it's such a mystery but yeah it's all good i got you covered you ready for it let's go [Music] all right so by the time we're done you'll know what paperwork you need for seller financing and if you hang out until the end i'll give you my seller finance contract that i and my students use to pull off these seller finance deals if you're new to the channel by the way really glad that you found us and if you take your real estate investing seriously subscribe to the channel and click the bell icon to get notified when new videos are released especially if you like creative financing because i talk a lot about that here because it's what i know best it's how i learn to buy real estate you know i didn't have much of a choice when i got started because i didn't have enough money or a decent credit score to buy real estate the traditional way and here i am almost 15 years later with a few bucks in the bank and the credit score is looking much better now but i still prefer my creative ways seller financing specifically you know i learned how to do this without money i don't see any reason to start using it now and in case you're not knowing i put a link below in the description to one of the many videos that i've made on seller financing and this one will get you started with the basics and almost every time i make one of these videos i get the question what contract do you use for seller financing so we'll answer that question and it's never what anyone thinks it's going to be the the contract that i use for seller financing it's the same one that i use for all of my deals it's just a basic real estate purchase contract but i'll show you what to do to turn it into a seller financing contract and then i'll use i'll use this slide here as an example this came from a previous video here you've got your basic real estate purchase agreement and every agreement will have a place for the purchase price and it'll have a place for the terms oh it looks like here i was actually giving a subject to example but but you can see here even with this that with the subject to strategy all you've got to do is just write it in the terms section of your contract you know the price is 120 000 and then in the terms section just write subject to existing financing buyer to pay seller 15 000 cash at close and 15 000 payable as follows 175 a month for 12 months from closing date balance due on the 13th month so there's that but that's...