Eric asked about the best way to structure seller financing. Hear my best tips in this new Q&A video!

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What to Consider About Seller Financing
Seller financing can be a great option for financing your rental properties. I would suggest reading Susan Lassiter-Lyon’s book, Getting the Money. Though the book is specifically about finding private lenders, it contains a lot of invaluable information you can use to negotiate a deal. One of her top points that stands out to me is to stray away from any sort of prepayment penalty. You’ll also want to be sure that you use a promissory note and a mortgage with your title company. Seller financing can be extremely powerful on a rental property, but I would also suggest considering non-recourse financing as another method for growing your portfolio.
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Morning Invest with his wife, Natali, bringing you news you won’t hear on major networks.
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