837: Q&A: What Paperwork Do I Need for Seller Financing? - Episode 837

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.1 • 1.1K Ratings

🗓️ 25 April 2022

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

What kind of paperwork is needed for a seller financing deal? How do you ensure everything is set up correctly for closing? Are there any professionals that can help? That's the first topic I'm answering on this Q&A episode!

On today's episode of Investing in Real Estate, I'm answering three great listener questions about seller financing, ways to pay down a mortgage note faster, and tips for finding business loans. Press play to hear my answers to your questions!

Transcript

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0:00.0	Welcome, welcome, welcome into the Investing in Real Estate Show.
0:08.8	I'm Clayton Morris, longtime real estate investor,
0:11.0	and on this show we help you build financial freedom through
0:13.8	real estate investing and we answer your questions so this is our Q&A episodes
0:17.6	where you're able to leave us a voicemail question and we attempt to answer it there
0:21.1	are no stupid questions and even if you're a more
0:23.7	advanced investor you can always learn something from some of these questions. So it
0:28.6	might not be your question that's getting answered today but I think we can
0:31.5	always learn a lot from the questions being asked by our audience.
0:34.3	So it's very easy to do. You can go to our website at Morris Invest.com.
0:38.6	Click on the little microphone icon and leave us a 30 second voicemail question that we will play here on the show and we will answer it.
0:45.0	A little about me so that you have some frame of reference and context.
0:49.0	About 15, maybe 17 years ago or so I started investing in real estate. I did it all. I
0:55.1	started by buying my first renovated property next door to where I lived, went in
0:59.9	there and rehabilitated that thing. I worked until like one or two in the
1:03.5	morning ripping out drywall and fixing up the kitchen and then and flipping the
1:08.8	property right before the 2008 collapse and then from there investing in raw land and other projects
1:15.2	throughout the country and then wholesaling real estate and
1:18.7	then started building new construction rental properties and
1:21.8	that's what our company does today moved away
1:23.8	from the rehab model to fully built from the ground up new construction
1:28.6	rental properties for our clients. So it's been a long journey. I've seen a lot in this business and we're
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