Seller Finance Confusion? Best Lease Option Strategies? Lou Reveals All

Lou Brown

May 17 2021

This is an exciting time to be in the real estate business. Lou is now on his 5th real estate cycle. He has experienced a lot which is applicable to today's real estate environment. 

Watch this video and listen to Lou’s advice about the possible shifts that may happen now in real estate. Find out the opportunities and possibilities that these changes may bring.

Join Lou Live! Every Wednesday at 1:05 PM Eastern and learn the latest on the real estate market today!

Timestamp: Lou’s video for review

0:12 - Introduction - “ What’s Going On in the Real Estate World?”

3:25 - Do i have a buyer?

3:46 - Path To HomeOwnership program

5:02 - https://www.MillionaireJumpstart.com - Millionaire Jumpstart Live! - May 14, 15 & 16, 2021 - Las Vegas, NV

Viewers comments & questions for Lou

7:45 - How do we obtain pre foreclosure listings from the county?

10:09 - We went to Dekalb county and could not get a list from them?

10:50 - When a property is purchased. Do you need a special government-approved form to convert tenant's deposits into a non-refundable, move-in fee?

14:13-  Lease option with a seller I can’t buy in a land trust. I think you said we don’t need an LLC to use when lease optioning from a seller. What do we use? 

16: 32 - https://www.MillionaireJumpstart.com - Millionaire Jumpstart Live! - May 14, 15 & 16, 2021 - Las Vegas, NV

20:53 - On a "subject to", we receive the deed from the seller, correct? Whereas the agreement of the deed means that we do not have the deed, right? Does the deed go into escrow in both situations?

22:52 - So again with a lease option with the seller if I don't buy in a land trust what do I write on top of the agreement? Do I put my name if I don't have an LLC?

24:48 - What is selling financing or lease options?

26:42 - With a lease option, when a deed goes into escrow. Who's name is on it? Seller only? or does it Include the 1st options or the secondary buyer?

27:42 - We have purchased the whole enchilada jr, the first 5 volumes of your system. Do you discuss obtaining private money in any of the subsequent volumes?

29:06 - ​If we want to purchase a property for a personal residence since mortgage rates are low now, would you recommend getting a loan from a bank?

31:56 -Well I was told you can't buy a lease option in a land trust because we are only leasing. I am confused.

33:35 - On the cost to sell sheet can you explain "Sellers Total Cost to sell " How you express it to a seller?

36:46 - On the subject to, as we are assuming the payments for the existing mortgage, would we be paying the lender directly? It would seem so since we now have the deed.

39:17 - So the cost to sell is useful to show the seller why it is more beneficial to work with us using creative financing instead of the traditional methods, right?

39:54 - If we have been to a Millionaire JumpStart can we watch online?

43:10 - Lou Brown’s book “Doing Good While Doing Well”

44:25 - So the cost to sell is useful to show the seller why it is more beneficial to work with us using creative financing instead of the traditional methods, right?

45:21 - Since the seller's name is still on the loan that we have now assumed, what do you tell the seller when they ask about their options after they leave the property?

47:05 - The Trading system.

49:09 - They can't get another loan because their name is attached to the existing loan so I was just wondering what advice we can offer our client.

50:28 - Lou’s Best Advice.

11:40 - https://www.LandlordReliefPkg.com

24:02 - https://PathtoOwnership.com

In addition, you will also learn from this video their ongoing program called “The Path to Homeownership”.

Where they take deserving families regardless of their credit and financial background and show them how they can end up with homeownership. 

Take Lou's Course:

https://www.udemy.com/course/realtors-and-real-estate-investing/?referralCode=305A2A5DB2A2C4543B7F

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.

Media Sites:

YouTube: https://www.youtube.com/user/StreetSmartInvestor

Podcast: http://Streetsmart.mypodcastworld.com/

Facebook: https://www.facebook.com/StreetSmartInvestor/

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.