Offer Your Optionees Back Up Owner Financing - 101 Street Smart Cash Flow Accelerators #69

Lou Brown

Oct 19 2019

Hi, it's Lou Brown. I'm back with another man, 101 cashflow accelerators. In this segment we've been talking about proper property management in formed property management, profitable property management, and one of the great profits enters that you have is giving your residents the opportunity to someday own that home. Now in the marketing that we do remarket there, find people that have a significant down payment that they could put down on the property. Why would they give it to you? Because they can't typically qualify for a traditional loan. Half the bank. Well aren't you a great service provider in your community? We call you an affordable housing provider and actually under our [inaudible] program you can become a certified affordable housing provider. And we provided all the documents that training the tools, the marketing, their websites, a complete package to open a business in your local community that attracts those kinds of folks.

And one of the great cashflow accelerators is that there's people out there that have significant down payment. And I'm not talking about the security deposit like you would get if you were just doing landlording. Oh, I'm talking about a significant down payment. When someone purchases a property, we get no less than 10% if we're going to own or finance that property and in some cases we get 20 and 30 and even 50% down from the resident because they have saved up a significant sum of money. But even with that amount of money, the bank doesn't love them. Well, let me tell you something folks, if somebody has got 10% or more to put down, I love them and I want to support them and help them and their family end up with home ownership. We have a program, it's called the path to home ownership and in fact there's my book on amazon.com it says never pay rent again.

The path to home ownership and this is to give our families the opportunity to someday own a home and we love that process. We give you the tools, the training, the technology and the team to be able to do that. I am a certified affordable housing provider. You become one as well. Once you are trained to learn more about that, go just certified affordable housing provider.com and check out some of the different galleries that are there and you can see what our caps are up to. Cap or certified affordable housing provider. Well, I hope this has been a value to you. It will definitely be a huge cashflow accelerator when instead of collecting a security deposit did, you can't. You're now collecting significant down payment money. Oh, and don't forget you're going to be financing these folks for a good long time and you're going to be receiving income just like a bank would receive. And Oh my goodness. When you learn that being the bank is a lot more profitable than being a landlord, I will teach that to you, my upcoming millionaire jumpstart to learn more about [email protected] hopefully this has been valuable to you.

Liking it, love it, share it, and do some problems like so much. Me with me and I'll see you soon. Yeah. Bye.

Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.

* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…

* How to have a buyer or renter before you even buy property…

* How to have them already pay you money before you sold them anything…

These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.

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Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/

Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.

He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.

Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.

He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.