Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

How Seller Financing Worked for a 19 Year Old

3 Nov 2023 · 0 min

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In this brief dialogue, Speaker A questions why a property seller would choose to finance a sale to a 19‑year‑old who purchased a 12‑plex. Speaker B explains that some sellers have ample capital but limited time and wish to pass their business to the next generation. They suggest that younger investors should actively seek mentorship from experienced individuals, as doing so significantly improves their chances of success in real‑estate investing.

Why would a seller sell to a 19-year-old? You started at 19, you bought a 12-plex. Why would someone finance their equity to you?
Well, there's a point in people's life where they have more money than they have time, and they really want to pass on their business to the next generation. And nobody in the next generation is asking for help. Ask for help from people that have done what you want to do, and your odds of success in this business go way up.