When buying deals using creative financing, we have a plethora of acquisition tools. However, our preferred method of purchase is seller financing with a focus on purchasing the property using the "Subject To" method, and the "Seller Carryback" method.

Subject To

With the "Subject To" acquisition method, we partner with the seller, to service their existing note, mortgage, deed of trust. Sellers we deploy this method with, typically have an already existing mortgage, which we leverage to gain ownership of the property. This type of seller is typically distressed, the seller may be behind on payments and has low to no equity in the property, or maybe the seller just simply wants out.

We figure out their needs, financial or otherwise, agree on terms of purchase, catch up their back-owed payments, then continuously make the payments on their behalf moving forward. This helps the seller build back up their credit, and in some instances, it saves the seller from a foreclosure record, and in return, we are deeded the property by the seller.

Seller Carryback

With the "Seller carryback" acquisition method, we again execute this method in partnership with the seller. In this case, however, the seller functions as our bank since he or she either owns it free and clear, or has a mid to high equity position they would like to liquidate. Needs are discussed openly and freely, and terms are reached that are generally favorably to both parties involved. Our sellers enjoy a Mitigation of their tax obligation, steady monthly payments, and in most cases a balloon payment at the end of a predetermined period of time.

Both of these allow us to have a very robust, problem solving relationship with our sellers and other partners.