Have The Seller Refinance, Get Their Cash, Then Sell To You Subject-To The Loan - Street Smart Cash Flow Accelerator #21

Lou Brown

Apr 28 2019

Have the seller refinance, get their cash, then sell to you Subject-To the loan.

Today's tip is number 21 have the seller refinance their home, get the cash that they need and sell it to you subject to the existing loan. Now, how does that work? Wel...

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Control The Closing; You Choose The Attorney Or Title Company And Include That In The Contract - Street Smart Cash Flow Accelerator #20

Lou Brown

Apr 26 2019

Today's tip is number 20 control the closing. You choose the attorney or title company and include that in the contract. Now, one of the things I've found is whenever I let the seller control where the closing is going to be, or if I let a real estat...

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Build An Extension Into Your Contract - Street Smart Cash Flow Accelerator #19

Lou Brown

Apr 26 2019

Today's tip is number 19, build an extension into your contract. Now build an extension into your contract. What does that mean? So I've been talking in this series a bit about a thing called a standard real estate purchase and sale agreement. And uh...

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Offer to Buy “Subject To” Owner Financing - Street Smart Cash Flow Accelerator #18

Lou Brown

Apr 26 2019

Today's tip is number 18 and it is offered to buy the property subject to the existing financing. Oh my goodness changed my life first property I ever bought when I was 18 years old. I was able to do that by taking over the payments, taking over the ...

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When Getting Owner Financing Ask For Substitution Of Collateral - Street Smart Cash Flow Accelerator #17

Lou Brown

Apr 23 2019

Today's tip is number 17 I'm going through some of the contract closes in our amazing standard rent, a standard purchase and sale agreement on the buying side. Now I've got one for buying and I've got one for selling. So I'm focusing on the buying si...

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When Getting Owner Financing; Ask For First Right Of Refusal If Mortgage Is Sold - Street Smart Cash Flow Accelerator #16

Lou Brown

Apr 21 2019

Today's tip is number 16 now these are all buying tips that I've been given through this series and this one is when getting owner financing asked for first writer refusal if the mortgage is sold. So one of my favorite ways to buy property is to have...

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Always Ask For Owner Financing - Street Smart Cash Flow Accelerator #15

Lou Brown

Apr 18 2019

Today's tip is number 15 when there is equity, always ask for owner financing. Now of course this is when you're buying a property, go through your, what we call cost to sell worksheet. I'll be explaining this in another video and what we do is actua...

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$10 Dollar Secret to Make Sure Your Real Estate Contracts Are Always Binding - Street Smart Cash Flow Accelerator #14

Lou Brown

Apr 16 2019

Today's tip is number 14 to assure your contract is binding. Always give consideration. Now let me explain what that means. Contracts in order to be valid must have certain things in there and of course you've got to have the parties in there. You've...

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Have The Contract State That Disputes Should Be Settled With Mediation, Then Binding Arbitration - Street Smart Cash Flow Accelerator #13

Lou Brown

Apr 15 2019

All right, so today's tip is number 13 have a contract that states disputes should be settled with mediation, then binding arbitration, all. So over the years I've developed an amazing agreement and it's what we call our standard purchase and sale ag...

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Always File A Notice Of Purchase Sale Agreement To Protect Your Deal From Being Taken - Street Smart Cash Flow Accelerator #12

Lou Brown

Apr 07 2019

Today's tip is number 12 always file a notice of purchase and sale agreement to protect your deal from being taken. Let me speak about that. It's amazing.
We would like to believe that a seller, when they sign a contract with you, are going to actua...

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