Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

We Seller Financed A Tiny Home?! #creativefinance

12 Apr 2023 · 1 min

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0:34

In this brief segment, the speaker introduces a tiny house that was acquired through a 100% seller‑financed arrangement. The deal was sourced via Instagram, with the seller asking $60,000 for a home estimated at $50,000. The terms included zero down payment, a reasonable interest rate, and a three‑year payoff schedule. The speaker emphasizes a “don’t buy stupid shit” attitude, notes that the purchase is a small portion of a larger investment portfolio, and admits the project wasn’t a necessity but was pursued as a creative financing experiment.

Chapters

Don't buy stupid shit. This is 100% seller financed. I'll show it to you though. This is our tiny house. Welcome in. Tiny house tour. This is apparently a non-weight-bearing shelf. We're fixing that. But other than that, tiny house. First 100% seller financed deal. How do we buy it? So I was offered this on Instagram. I was told we have a tiny house. I want $60,000. It's worth about $50,000. That being said, zero down, decent interest rate, and we want it paid off in 3 years. It was a small enough purchase compared to the rest of the portfolio where I was like, I was like, you know what, we should do this. I did not need to do this project.