Episode #318

Don’t have the capital OR credit to invest? Seller financing is a powerful tool that could allow you to score multiple real estate deals without ever going through a bank. The best part? You can create your own terms! You just need to put together an effective pitch that wins the seller over. Today, we’ll show you how!

Welcome to another Rookie Reply! In addition to seller financing, Ashley and Tony cover several CRUCIAL real estate topics in this episode—from critical first steps to take before investing to closing costs—who pays for what? Does paying cash make a difference? Stick around to find out! Off the back of their new book, "Real Estate Partnerships," they also tackle a couple of partnership-related questions—when it makes sense to get a partner and how to structure an agreement where both sides are compensated!

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group, call us at the Rookie Request Line (1-888-5-ROOKIE), or click here: https://www.biggerpockets.com/reply?utm_source=youtube&utm_medium=description&utm_campaign=none

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Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup?utm_source=owned_media
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/lendermatch
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Submit Your Real Estate Rookie Question!
https://www.biggerpockets.com/reply?utm_source=youtube&utm_medium=description&utm_campaign=none
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Grab Your Copy of “Real Estate Partnerships” and use code “TONY or “ASHLEY” for a Discount:
https://biggerpockets.com/partnerships?utm_source=youtube&utm_medium=description&utm_campaign=none
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The Definitive Guide to Using Seller Financing to Buy Real Estate:
https://www.biggerpockets.com/blog/2013-11-05-seller-financing?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Buy a Rental Property with NO Money OR Credit:
https://www.biggerpockets.com/blog/rookie-280?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Artina Marie on Instagram:
@artinamariee or https://www.instagram.com/artinamariee
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none
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Shoot Ashley and Tony a Question on Instagram!
@wealthfromrentals or https://www.instagram.com/wealthfromrentals/
@tonyjrobinson or https://www.instagram.com/tonyjrobinson/

Show notes at: https://www.biggerpockets.com/blog/rookie-318?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

04:39 VITAL First Steps

15:24 Do I NEED a Partner?

19:11 Who Covers Closing Costs?

23:00 Seller Financing 101

31:27 How to Structure a Partnership

41:49 Send Us Your Question!


Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/mortgage-rates-surge-housing-market-update