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Creative Financing Thread:
I am a big fan of creative financing
interest rates are very low with banks right now
however, if you are a real estate investor
I am a big fan of creative financing
interest rates are very low with banks right now
however, if you are a real estate investor
You may have situations that disqualify you from traditional lending
Having multiple mortgages can hinder real estate investors with securing additional funding
Having multiple mortgages can hinder real estate investors with securing additional funding
Additionally,
creative financing has one HUGE benefit that conventional financing does not
Flexibility.
creative financing has one HUGE benefit that conventional financing does not
Flexibility.
You and the other person make your own terms! 
instead of having to fit a cookie cutter mold that traditional financing offers.
You are able to negotiate terms that suite your specific needs
instead of having to fit a cookie cutter mold that traditional financing offers.
You are able to negotiate terms that suite your specific needs
With that in mind
here is a comparison
of traditional financing
and seller financing
here is a comparison
of traditional financing
and seller financing
Traditional/conventional financing:
wants to buy 
from 
gets loan from 
gives to on behalf of
gives to
pays 
to for principal & interest
wants to buy from gets loan from gives to on behalf of gives to pays to for principal & interest
Seller financing:
wants to buy from
& create a loan agreement 
pays money to for principal & interest
gives to
wants to buy from & create a loan agreement pays money to for principal & interest gives to
For more info
Check out my youtube video
Where I discuss seller financing & promissory notes
Check out my youtube video
Where I discuss seller financing & promissory notes
