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About Chuck Sutherland
Chuck Sutherland is a national real estate developer, consultant, and speaker. Chuck has both worked with and learned from some of the most creative real estate professionals in North America to make creative transactions that close.
In 2010, Chuck shared the Society of Exchange Counselors national award for the “Most Creative Transaction of the Year.” The transaction involved the exchange of fifteen different properties in five states among four different parties. He demonstrates that a properly crafted deal with outstanding benefits for every party is almost impossible to be pulled apart by circumstances.
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You will learn how to apply the different styles by walking step by step through examples of each type of seller financing. You will learn how to apply the different tools to both residential real estate and commercial or investment real estate. You will also understand the basic requirements concerning both "The FAIR Act" and "The Dodd-Frank Act" (as they relate to Seller or Owner Financing.) Understanding the tools will give you more facility in completing real estate transactions, resulting in expanded benefits to all parties involved. Said another way, creative seller financing will help you close more deals!
By the end of this book, you will be clear that you can do any of these types of transaction using creative seller financing!
In this book, we explore the Advanced Creative Financing strategies that an investor can use to raise financing and capital for their real estate investments under almost any circumstance. These strategies include the following:
“Must Take” to Obtain a Loan
Property Plus Cash Equals Note(s)
Reducing Debt by Selling Property to a Lender
Substitution of Collateral
Discounted Sale with an Option to Repurchase
Partners Make The Deal Work
Partners as a Source of Financing
These strategies are starting templates that guide you as you begin creating a transaction. Yet, rarely will you solve real-world real estate problems with a simple template. Life is a lot more complicated than that. No matter how similar the real estate, the people issues related to real estate are rarely the same. A customized solution is needed for unique human issues. Be the person who can solve the people problems that are related to real estate. Be the person who is willing to think differently and apply creativity to those problems.
You can give or accept almost anything as a down payment on real estate.
•Real Property: Houses, Condos, Apartments, Commercial Buildings, Commercial Land, Residential Land, Recreational Land, Dock Slips
•Building Supplies: Lumber, Carpet, Plumbing, Lighting
•Financial Instruments: Stocks, Bonds, Promissory Notes, Mortgages,
•Professional Services: Legal Fees, Accounting Fees, Tax Advice, Plumbing Services, Home Improvements, Consulting Fees
•Trade Credits: Advertising Credits, Building Supply Credits, Hotel Credits, Rent Credits, Travel Credits
•Other Personal Property: Boats, Cars, Recreational Vehicles, Artwork, Jewelry, Gemstones
•Anything else one person has that is seen as valuable and beneficial by the other party accepting the down payment
Come discover the new creative side of real estate down payments!
Brought to you by http://CreativeRealEstateNetwork.com
The Game Changer Book Series is a collection of these behind the scene stories. These are stories that most people never consider behind the scenes of a business or successful company. These stories are personal, connected to the authors’ hearts, and many of them are being shared for the first time with you, our reader. While reading this collection, my reaction was to think about this old adage: “Everyone you meet is fighting a battle you know nothing about! Be kind, always…”
This book reveals some of the hardest times and the darkest moments that entrepreneurs live through. These are real and deeply personal experiences. Many of the chapters are about making bad choices, and overcoming mistakes. All of them share something in common: a turning point. The turning point that changed the author’s life forever. These stories are very dear to each author, and I am honoured to be able to share their experiences with you. I hope that each of these stories touches you the way that they have touched me.