A pretty common question we get in the coaching center is “How Do I Buy On Terms?”
This question comes up once you start talking to sellers and you discover that they either can’t or maybe won’t accept a cash offer at a discount. When that happens, you may still be able to buy the property, you just may have to get creative.
A “typical” investor offer is All Cash at a significant discount.
A “terms” offer is an offer where the seller (1) agrees to take payments over time or (2) agrees to take some cash today and payments over time. When the seller agrees to take payments over time, you can generally offer a higher purchase price.
The Terms Offer Calculator will help you play with the numbers to structure a terms offer.