Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.

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Creative Seller Financing

with... Mike Jacka

We will learn how to structure Seller Financing terms, the different types of Seller Financing and how to Negotiate Seller Financing.

Tuesday, November 1, 2022 6:00 PM - 9:00 PM
Banquets of Minnesota-Fridley
6310 Highway 65 NE Fridley, MN 55432

1.50

PHP Credits
What is PHP?

Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get a sizable return on the investment. And buyers may benefit from less stringent qualifying and down payment requirements, more flexible rates, and better loan terms on a home that otherwise might be out of reach.

We will learn how to structure Seller Financing terms, the different types of Seller Financing and how to Negotiate Seller Financing.

  • Subject 2
    • Due On Sale Clause Explained
  • Contract for Deeds
  • Lease Options
  • Seller Carry Back Notes
  • How to use a Financial Calculator
  • How to Create a Loan Amortization Schedule

HP 12c

In seller financing, the seller takes on the role of the lender. Instead of giving cash to the buyer, the seller extends enough credit to the buyer for the purchase price of the home, minus any down payment.

Seller financing can be done in many different ways and with multiple options in the same transaction.  The most common form of seller financing is with a Contract For Deed, but there are many alternative options available, including lease options and we will discuss all of them.

Meeting Agenda

  • 5:30 pm - Registration / Check-In / Networking / Vendors / MnREIA Trivia
  • 6:00 pm - Early Bonus Session (Market Update)
  • 6:40 pm - Break Out Session
    • New Guest Orientation
    • Networking for Members
  • 7:00 pm - Haves and Wants
  • 7:30 pm - Main Presentation
  • 9:00 pm - Adjournment

Play MnREIA Trivia

Everyone that plays is a Winner,
and one lucky winner will receive $50 in REIA Bucks. 

To Play REIA Trivia, simple visit the Vendors to get the Questions (if you ask them, they may even help you find the answers), write your answers down on the Answer Sheet that you get when checking in. Then turn the Answer Sheet in and take a spin at the REIA Trivia Spin Wheel to see what you have won.

Members:
Free
Non-Members:
$30.00
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Date:  Tuesday, November 1, 2022
Time:  6:00 PM - 9:00 PM

Location:
Banquets of Minnesota-Fridley
6310 Highway 65 NE
Fridley, MN 55432

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PHP Credits:
Finance (1.00 hours)
Ethics (0.50 hours)
What is a PHP Credit?

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    Minnesota Real Estate Investors Association, Inc.

    2515 White Bear Ave #211
    St. Paul, MN 55109
    (763) 432-2809

    Proud Chapter of National REIA

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