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James Smith
James Smith is a renowned real estate investor and speaker who has trained thousands people nationwide. He teaches people how to become financially independent through real estate. His strategies include buying and selling foreclosures, creative financing, commercial real estate, self-directed retirement accounts and much more. For more free information, visit www.jamessmithseries.com and gain access to hours of free investing tutorials.
James Smith
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James Smith
- James Smith
- Florida, United States
- jamessmithcompany.com
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2009
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- The James Smith YouTube Channel
- Self Directed IRA: Getting Started (Part 1)
- Clips from the stage!
- Self Directed IRA: Investing in Gold, Silver & oth...
- Outline for Due Diligence
- 2Q 2009 Housing Price Index: Appreciation by State
- Condo Investment Heads-Up
- Seller Financing: More Relevant Than Ever!
- Residential Market Is Showing Strong Signs of Support
- Contact Me
- Just Getting Started
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James you've changed my life! Thank you!
ReplyDeleteJames I really need training assistance on how to find owners who are willing to provide seller financing for multi-family properties and apartment complexes in the NYC metro area. I have had major difficulties in submitting creative financing offers through Real Estate Agents and Brokers, any suggestions?
ReplyDeleteHi James,
ReplyDeleteAristotle said, "We are what we repeatedly do. Excellence, then, is not an act, but a habit".
I want to personally thank you for changing my way of thinking and challenging me to "repeatedly" make my life the "habit" that is helping me strive to be successful in everything I do in life.
Thanks from the bottom of my heart.
LuLu
Dear NY,PE -
ReplyDeleteI am not sure what strategies you have used or what your approach for seller financing has been up to now, but from my experience, most sellers who finance buyers are not initially receptive to the idea. When you are seeking seller financing, it is a good idea to draft more than one offer: low offer (cash) / mid offer (cash and seller financing) / high offer (seller financing).
This way you are putting the control in the hands of the seller. If they elect to take the low offer and you cannot buy the property, consider assigning the contract to a fellow investor.
Most sellers won't consider seller financing, but you are looking to buy "most" properties. You should be willing to literally go through 50 - 60 offers before you wind up with a deal that works for both parties.
Seller financing is like dating... the trick is in your approach.
If you are serious about getting training, please check out www.jamessmithseries.com and get my home study program.