Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

"Textbook Deals" Are Sometimes The Best Deals In Real Estate! #shorts

7 Nov 2024 · 1 min

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In this short monologue, Chris Prefontaine describes a classic "textbook" real‑estate transaction. A seller, unable to sell a vacant property at their desired price and eager to avoid ongoing carrying costs, commissions, and fees, agrees to a zero‑down sale. The investor purchases the property without any down payment, lists it on the market, and promptly attracts a highly qualified buyer who brings a solid down payment and sufficient monthly income to support the purchase. The clip highlights the use of creative, low‑risk acquisition tactics that benefit both the motivated seller and the investor.

Chapters

I think the highest point would be just like a textbook deal, right? Where we got in zero down, the seller was your typical seller who just couldn't sell their house for the price they wanted, didn't want to pay commissions or fees. It was a vacant property. So they were just, they had an additional cost per month and needed a different creative way to sell it, right? We came in, swooped up the house, put it on the market, and a buyer Right away came in a very qualified buyer with a decent down payment and, you know, great income monthly to support it.