Property Investing Secrets: When you Make Property Easy to Buy for People Using Vendor Finance It Is Easy To Sell

When property investing, my goal is to make it easy for people to buy my properties, thats why I offer vendor finance. You have the advantage when you buy properties from sellers when property investing. I always think: Why do I want to go a get a bank loan when this seller already has a loan? Why dont I just take control of their loan if the seller is open to me making payments on their mortgage? Youd be surprised how easy this is and how simple the paperwork system is. And once thats complete, you vendor finance the property to a new buyer.

Lets imagine that the seller has agreed to this arrangement and moved. You look after the mortgage on their house, youve got no bank liability, youve got no loans and yet you start creating assets and any future capital gain and profits. In many areas you have sellers who are unable to make their mortgage payments that they have liability on and this is a very simple way that you both benefit when property investing. Your exit strategy is to vendor finance this property to a new buyer and receive positive cash flow on the deal.

When youre property investing the time is right to buy on terms because sellers are very flexible. Its not the price under which you buy the property; its the terms because if you get the terms then you dont have to qualify for a bank loan. In a hot market, sellers are not as negotiable on terms, but in a cooling or down market, you can do absolutely all sorts of things with terms.

Youll find as I have done when property investing that if a seller is motivated to sell and you offer a solution to solve their problem (an unsold property) and it works for the seller and you then its a good deal for every one. In order for the investor to make payments to the seller, theyll need to vendor finance the same property to new buyers.