_{Presented by Astra Properties LLC}
Strategies for Identifying and Proposing Seller-Financed Transactions
_{By Nicholas Burrus · 12/08/23
Thanks for tuning in todays read! Read time is roughly 5 mins.}

Happy Friday! 🫡 

Last week we discussed sub to and how one could use it.

But what about the next best thing?

We’re talking Seller Finance

Shameless Plug- We have a seller finance blueprint coming out by next Friday which will dive into how to find, negotiate, and structure a deal using this method. It goes 10x more in depth than what you’ll read today. We’re also throwing in a script you can use to close your first deal! More to come on this 🙂 

Let’s dive in

What is seller financing?

Seller financing lets the seller of a property provide financing to the buyer.

Instead of applying for a loan from a bank or other financial institution, sellers can pay the buyer in installments and even negotiate the interest rate, term, and more.

It's a sweet deal for buyers who want to pay for a property over time, and also offers the seller many benefits such as differed capital gains, passive monthly payments to them, and no risk as if you default, they get the house back

That sounds cool right, but how do you structure a deal?

Here’s a great video on finding seller financing deals

Mastering seller financing will be instrumental in building your real estate portfolio.

But, getting sellers to accept your offers will take some work.

Seller financing is not for everyone.

You have to find sellers whose financial situations or needs fit your offer. 

Getting creative however can maximize your opportunity to get a seller to say yes.

How do you get sellers to accept your offer?

Don't just chase after a sale - talk to sellers and help them see how the offer can help them get what they want.

Try framing the proposal as a solution to a seller's problem - how the seller financing deal will solve their problem.

Present the proposal as a step into achieving their financial goal. Because if they win, you win!

There is no guarantee that the seller will accept your proposal, but your chances of success are higher if you know which ones to target.

Stay tuned for The Seller Finance Blueprint coming out next Friday!

💫 What Else is Poppin? 💫 

Businesses Distrust AI, but Not for Long…

The distrust for AI is still palpable in business, and who could blame big corpo when there are no regulations for how data are used by artificial intelligence programs. 

That’s about to change real soon!

To ensure business data is used legally and for its intended use, the non-profit group Data & Trust Alliance has developed a set of standards to describe where, when, and how data was collected and generated by AI programs. 

The standards, essentially an extensive labeling system, also define the intended uses and restrictions that AI models must comply with.

AI systems were big last year, with tech companies like Microsoft, Google, and IBM racing to build and perfect their own AI system. However, generative AI like OpenAI's ChatGPT led to concerns over the misuse of business data.

With data collection and usage standards in place, there will be greater transparency in the data supply chain. It's unclear how widely the proposed measures will be implemented, but this is a positive step toward boosting corporate confidence in technology. 

Catch the latest episode of the AstraCAST podcast!

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Don’t be shy, check us out here!