What is a Vendor Take Back Mortgage? | VTB Mortgage Deal Breakdown

Hy your channel deserves much more views and subscribers ❤️

This was great. THANK YOU!

I am a Quebec investor, thanks for the knowledge

Kyle - " the value tripled, but it's not for sale". Love it haha

Quick question about VTB. Typical lenders (take Scotia for example) don't like having secondary financing. How do you show a VTB as your downpayment or get around this hurdle? TIA

The 3rd example. Seller wanted vtb. How do you locate these investors that are offloading and want vtb?

Just wondering about VTB. If the seller still has a mortgage existing on the property am i still able to use a VTB to purchase the property? Or does the seller have to have the property completely paid off?

Spectacular video!!Thanks for posting!

What does “1st or 2nd position” mean? Also, would most real estate lawyers be able to draft the agreement or should I look out for a lawyer that specializes in VTBs?

What if the seller has an existing mortgage on property? Does seller need to own property free and clear for VTB to work?

Yeah, do not do this 🤣 this is how you go broke and end up dead or in jail when you ultimately default.

Im in the US but this was very helpful. Thank you

10 million is not a lot

On Deal # 3, what was the exit plan at the end of year 5? When structuring a VTB for a long term buy and hold, are the terms similar to a traditional mortgage?

Lets say it my personal residents? Will I loose my principal residentsy exemption?

The info is good the audio in this is awful get some sound dampening panels, damn