Posted by Jack on January 20, 2001 at 20:12:27:
Let me say this first: Read all of Johnboy’s posts in addition to others that interest you. I’ve always enjoyed his comments (no offense to the other fine posters). He gives much insight on finding “motivated sellers.” Why? Because unless the seller is motivated, it will be hard to work creative financing with poor credit. You want a seller that WANTS OUT. That’s a MOTIVATED seller. They are the ones that will work with you on a creative financing deal. Find the motivated seller — not the property. first. Things will fall into place if the seller is motivated enough to accept a creatively structured deal. So, Dawn this is where your Carlton Sheets training will come into play. You make your pitch for the property using a creative technique you’ve learned. If all of your training leaks out at the last minute, then say this to your seller: “Would you consider a lease option?” Now Dawn, if you don’t know about lease options, do a search on this site by typing in those words. You will come up with plenty of info.
I hope to hear of your future successes here on Creonline. Good luck! —Jack