16: Land Contracts, Creative Selling, and Finding Private Money with Clay Huber

BiggerPockets Real Estate Podcast

BiggerPockets

Business, Investing, Education

4.8 • 16.6K Ratings

🗓️ 2 May 2013

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Several weeks ago on the BiggerPockets Podcast, we spoke with Leon Yang about using seller financing to buy properties. Today we are going to look at the opposite side of that transaction and discuss ways you can invest in real estate by utilizing seller financing (or “land contracts”) to sell. Our discussion today with real estate investor Clay Huber is chalked full of a lot of great advice for utilizing this strategy, as well as a variety of tips for those who are just getting started or for those who are just looking for another tool to add to their investor toolbox. Read the transcript for Episode 16 with Clay Huber here In This Show, We Cover: The “accidental flip” that got Clay into Real Estate… and why he changed strategies How to use seller financing to invest in real estate, When not to use seller financing Dealing with the dreaded Due on Sale clause, Should you get your real estate license? Using a full time job to accelerate your investing The members you should have on your team How Clay finances his deals The four items to include in your Marketing Packet to attract private money Overcoming the “Bus” question… what happens if you get hit by a bus!? How to get training for pennies on the dollar Books Mentioned in the Show: Inspecting a House (For Pros By Pros) by Rex Cauldwell Links from the Show: BP Podcast 015: From $80k in Credit Card Debt to 100+ Deals with Glenn and Amber Schworm Michael Zuber How to Raise Private Money Anytime, Anywhere. Even Over Chicken Wings! A Great Real Estate Investing Resource that Cost a Penny Tweetable Topics “The best business model is to simply have a sugar-momma!” (Tweet This!) “If you buy something for retail value you are at the mercy of the market.” (Tweet This!) “Your first step in any venture is to define your goal.” (Tweet This!) “Make sure your spouse is 100% on board with your goals.” (Tweet This!) Learn More about Clay HuberPropertyGroup.com Clay’s BiggerPockets Account Clay’s BiggerPockets’ Blog Posts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the BiggerPockets Podcast, Show 16.
0:04.0	You've heard us talk about it before.
0:07.0	High interest rates are crushing real estate investors,
0:09.0	leaving even some of the best investors in need of funding now.
0:13.0	But with today's liquidity crisis, who can fill the demand?
0:16.4	With Fundrise, America's largest direct-to-investor alternative asset manager
0:21.2	you have the opportunity to.
0:23.0	Fundrise's new opportunistic private credit strategy was designed specifically for this new market environment.
0:29.0	Fundrise supplies high demand bridge financing on high quality assets with credit worthy borrowers.
0:34.8	Top real estate investors get the funding they need while you walk away getting paid a healthy
0:39.2	interest rate.
0:40.2	To date, Fundrise has completed more than $500 million worth of private credit deals
0:45.2	with an average net interest of 10.8 percent, and they've already amassed a pipeline worth
0:50.1	more than $300 million.
0:52.6	Don't sit on the sidelines.
0:53.9	You can take advantage of this unique window of opportunity
0:56.6	while it lasts with Fundrise's new private credit strategy.
1:00.1	Ready to start?
1:01.0	Go to Fundrise.com slash pockets to learn more.
1:04.0	That's F-U-N-D-R-I-S-E.com slash pockets.
1:09.3	This is a paid endorsement for Fundrise.
1:11.2	Past performance is not indicative of future results. All investments can lead to loss.
	...

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