Welcome back!
If you're in the world of real estate investing, you've probably heard of seller financing/vendor takeback on other podcasts, other platforms, and it sounds amazing! You as the seller, essentially becoming the bank and holding the note for the mortgage and the buyer pays you every month, interest included. But you might be curious as to how seller financing/vendortakeback works, what are the pros and cons, how this can be a benefit for both the buyer and seller involved in a deal, and how this can be a great option to get a deal done!
Jeremy Zwicker is a real estate investor who sold his 10-unit dwelling on 32 acres of land just outside of Truro last year using seller financing/vendortake for the first time in his career. We explore how the deal worked, how Jeremy and the buyer structued the deal to be a win-win for both parties, why seller financing/vendortakeback was the best way to structure this deal, what the terms were, and what Jeremy looked out for to make sure this was the best deal for him.
Enjoy!
Jason Paul
902-220-7357
jason@infintiyrealestategroup.ca
@jasonpaulhalifaxrealtor
