I am going to tell you how using creative financing in real estate.

The first one is to buy a property subject to the existing loan on the property. You are going to buy the property so that the little is going to transfer from - the existing homeowner to you you will own the property but the loan is going to stay in the original borrowers name, its means it is not going to show-up- on your credit report and thats a good thing, the other thing about ths techni- ques is you do not have to go out there and create new financing, its good for the homeowner it sure is because the homeowner now maybe hasnt been pa- ying on that loan and now suddenly it gets taken care of for them and because you are making on time montly paymnets in their name it is their credit report- that is going to slow improvement.

Another creative financing is to go after seller financing, many sellers have equi- ty in the property even when you discount your price they still have some equity - in the property, seller financing works out great to paid off houses. There are go- ing to be plenty of times when you work with sellers who are more motivated by - something oher than money. They are going to get a higher price from the sale of the house and get this monthly income and at some point in the future, they are going to get it paid off.

Another way to create some financing is through private lenders you can work with private lenders.
Meaning that they give a loan on the property and they either get paid back when the property sells or in one year whichever is first.You might be looking for some private lenders who are willing to go in for a longer term, disclosing to them that- you are going to be reselling the property and then their note will be staying with - the property.

Make sure you set up the loan with a fall disclosure so that the private lender un - derstands that they are loaning to you initially while you purchase the property and rehab it and then you are going to route that note to the buyer or even restructure it with the buyer afterward.

Creative-Financing
Property Subject/
Buy the Property
Loan Homeowner
Homeowner
Borrower in Real Estate
Seller Financing
To Paid Off Houses
Private Lenders
Reselling the Property

How using creative financing in Real Estate.
Property subject to the existing loan on the property
Seller Financing many sellers have equity in the property, even when you discount your price they still have some equity in the property.
Seller financing works out great to paid off houses.
Sellers who are more motivated.