Ask THIS Question to Find Out If Sellers Are Ready to Walk Away From Debt! (Real Estate Hack)

2 months ago
10

In this video, I’m going to reveal a simple yet powerful question that can uncover a seller’s true motivation to sell their property and whether they’re ready for creative financing options like seller financing, subject-to investing, or wraparound mortgages. Asking the right questions can open the door to more deals, faster closings, and higher profits.

💡 The secret question is: "Mr. Seller, are you trying to get out from under this debt?"
This straightforward question cuts to the heart of the matter and helps you gauge if the seller is more interested in walking away from their mortgage rather than making a profit. Sellers who are highly motivated to relieve themselves of their mortgage obligations are prime candidates for seller financing or subject-to investing deals.

When the seller says “yes” or “maybe” to this question, it’s your signal that they might be willing to entertain alternative financing methods. This is where the magic of seller financing, owner financing, or assuming the mortgage comes into play. You can create win-win solutions for you and the seller without the need for large cash offers or traditional bank financing.

✅ Seller Financing Strategies That Work:

Seller finance allows you to take control of the property without paying the full amount upfront.
You can offer wraparound mortgages, which enable you to structure deals where you take over the seller’s existing mortgage payments.
Subject-to (SubTo) investing allows you to take over mortgage payments, and often the seller is relieved just to get out from under the debt.
🏠 Why Seller Financing Is a Game-Changer: Seller financing and subject-to deals enable real estate investors to build portfolios without needing to qualify for traditional bank loans. You can tap into leads from sellers who are struggling with mortgage payments or those who simply want to walk away from their property. In the current market, more sellers are open to creative financing options, making it the perfect time to use these strategies.

🚀 Maximizing Your Real Estate Leads: In addition to cold calling, calling for dollars, and direct marketing, asking the right questions during your seller conversations will help you filter out motivated sellers quickly. These sellers are often more flexible on terms, allowing you to leverage their existing mortgage through owner financing or subject-to investing.

💡 How to Generate Free Leads for Seller Financing: Leads can come from various sources such as cold calling, bandit signs, and online ads, but one of the best ways to generate leads for free is through direct outreach and relationship building. By utilizing cold calls and asking strategic questions, like the one shared in this video, you can identify sellers who are ready for creative deals, saving you time and money in the process.

If you're an aspiring real estate investor looking to expand your portfolio through creative financing methods like seller financing, owner financing, or wraparound mortgages, this video is a must-watch. Learn how to ask the right questions and close more deals!

🔥 Ready to Dive Deeper? Get my FREE Ninja Phone Script at MyRealEstateDojo.com and find out exactly how to structure these conversations for maximum results.

👉 Don’t forget to grab a copy of my book to start learning how to make money through creative real estate investing:
📘 The New Flip
📘 MyRealEstateDojo

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