Graham Stephan

I'll even go one step further.

If they do that every day for the next three years, like I did, they will, A, learn their buy box.

They'll know what value is.

They won't have to question it.

And B, they're going to have an excellent opportunity to find a discount because it's just a law of large numbers.

I've written 100 offers and gotten nothing.

I've done that before.

Yeah, creative financing is one of those tools that everybody should learn, but let's define creative financing first.

So let's call traditional financing 5% down owner-occupied or 25% down investor.

Let's just define that as standard.

So creative financing is anything other than that, typically involving the seller giving you some of the loan, right?

Whether it's a first, a second, or something of that nature.

So yeah, creative financing is very powerful.

I've used it

half a dozen times, maybe 10 times, but it's always finding the right seller.

It's funny, one of the things that I've looked at the last year is what owners of people in my buy box have greater than 50% equity.

So what am I doing with that?

What I'm doing is I'm giving them two offers.

I'm giving them a low cash offer

But I'm also giving them a higher number, assuming they could take some equity back as a second loan.