WATCH ME Explain Creative Financing To A Seller (while eating ribs)

Like your videos. Just don't eat and talk at the same time.

“I don’t wanna talk to those knuckleheads” lol so true with agents in regards to sub to.

Great call but the ribs were stressing me out lol!!

Where can someone find a 3rd party payment service to coordinate all of these payments and incoming rent?

wao - good job jerry

Great call Jerry!


Hahaha.. use this one next time for anyone who moves or lives in Oklahoma… Do you know why the dirt is so red in Oklahoma?… They usually ask why?

Answer back: Because it’s embarrassed to be there too! 😂

How can I buy income producing property in Puerto Rico??

This is great information!!!

Okkkkkk My Kings and Queens point blank knowledge is powerful Love ❤️😂❤

Who wants to bet that one of the realtors blew up that deal, because they didn't understand it or just wanted to create a problem. I have seen it happen over and over and over. I have a deal that's 99% completed and Mr or Ms. RE Agent thinks they are know it alls, and nukes everything to the ground

I don’t understand why you would offer to buy a property at full price with a huge issue like a non functioning septic tank. What value does that give you?

Ok Jerry grubbing on the ribs along with your cute daughter.. One question where is the BQ sauce?

Can you make recommendations on the third parties you use to manage the payment services? Thanks!

It's a working-lunch. I'm now motivated & hungry! 🤣Great breakdown, Jerry! 👏

When are you opening the new Ribs Restaurant Jerry S Ribbing Genius Smokehouse!

Awesome! Thanks for sharing. I have a question: Can I sub-to a USDA loan?

Jerry what about the repairs to the septic? Or repairs in general, do you just plan to put a certain amount of cash into rehab of the property. Thanks buddy

Omg please more of these

I know your saying your not assuming the loan but this sounds very close too it, what would this be called and would the bank holding the original loan allow it?

So did you go around the agent and talk straight to the seller? 😂 Usually they insist to go through the agent.

This is awesome! One thing that is confusing me that I would love some insight on: When you take over the existing mortgage, I assume you then rent the property out in order to both pay the mortgage owed to the bank, as well as include some cashflow. How are you then simultaneously making payments to the previous owner/seller (in this case the $54,000)? I assume you cant make payments to both at the same time while also cash flowing the property without coming out of pocket.

Also, on top of that, by the time you reach your balloon period, do you just cash-out refinance with the bank in order to fully pay the previous owner? How do you do that if the mortgage stays in their name? Wont this also raise your mortgage rate to a point that it might not cashflow despite the renters living there?

Let me know if I'm mistaken in my overall grasp of this deal/subject. Would really appreciate a quick explanation.

Please don’t eat in your videos. Great video, however!

Jerry is a flipping Genius

Finally!!! Thank you Jerry 💪🏾

Jerry literally doesn't have anything else to teach us, he's resorted to eating ribs while doing it for entertainment hahaha jk jk love this video! keep it up!

Is the transaction coordinator Constant Close?

Jerry you are a flipping genius as always thanks for the great consistent content you changed my life forever.

Lol I can't wait to have skills like this 🏚️🍖

Ribs look tasty 😊

Did y’all see that baby pterodactyl 🦅 come in for the T-bone?

I closed cash deals all day long, ... With the market changing, I've been pitching the creative finance since october last year and when I call I'm with my notepad, calculator, every single bit of information open and available and 100% concentrated with a script and all .. My goal is to be able to talk this naturally while eating and having my kid around without losing focus, that just shows how comfortable and knowledgeable he is to be able to continue the conversation with all these things going on around him

Thanks for giving us a mukbang with the interview. I loved it. Your daughter is beautiful also.

The parent in me is dying seeing her touch the ribs and then touch your shirt 🤣🤣

I have a question about your arv calculator even after I’ve adjusted everything it’s telling me to offer super low offers(100k+ less) compared to what PropStream says the property is worth as is. Should I add money to it or just keep offering what your calculator says?

Fantastic ❤Jerry … you’re a flipping genius 🎉…even while your eating (yum) & dealing with your beautiful daughter… love it ❤

What’s the home school curriculum you use and what’s the biggest marketing strategy you are doing? Agent out reach? Mls?

Your daughter is adorable. Lmbo. That's cool

Great video!

So after cash buyer signs assignment contract, do you email that contract to escrow?

Escrow overdrawn? Wow

Masterclass 🔥

Your a top G man

Jerry, it look like this is a preforeclosure based on payoff and and it will require a big amount than you estimated for a reimbursement.

Thanks for the video Jerry. Can you please do a whiteboard on the deal and explain more about the septic system not passing how how you will handle that and how you calculate in the long-term profit to cover that. I've dealt with septic systems in the past and they can be upwards of $60k to fix when the fail.

I took a note on this somewhere, Jerry, but I can't find it. Can you please share the name of your transaction coordinator and the loan servicing company you work with? Thanks.

Hey Jerry, awesome video. Do have a previous video that talks about documenting seller finance. I'm tryna see how you have that in writing.

Thank you for showing everything Jerry. This helps a lot. 🙏

I love your videos Jerry! It makes me realize how far I need to go 😞. Thanks as always! I’m trying to learn fast.

How can we put it cut and dry on paper? Hybrid is subject to and seller financing. So buyer pays closing, agents, and any past due payments upfront and the house is signed over to the buyer and mortgage stays in the sellers name. Then buyer pays monthly payments on sellers mortgage. When sellers mortgage have ended, than the remaining payments are paid to the seller.