Real Estate Investing With Owner Financing To Create Wealth from Udemy

What's inside

Learning objectives

45 videos teaching the in and outs of real estate deals
Several of my own personal deals explained in depth from start to finish
You will understand interest rates and length of terms and how they can affect the total profit
What to look for in an ideal property and where to find them

How much to charge for down payments and interest rates
How to use leverage to create massive amounts of wealth with no money
And most importantly, "how you can make big money using owner financing"

45 videos teaching the in and outs of real estate deals
Several of my own personal deals explained in depth from start to finish
You will understand interest rates and length of terms and how they can affect the total profit
What to look for in an ideal property and where to find them
How much to charge for down payments and interest rates
How to use leverage to create massive amounts of wealth with no money
And most importantly, "how you can make big money using owner financing"

Syllabus

BASICS OF OWNER FINANCING

Timothy A. Crane, Real Estate Broker

Specialty: Residential, Investment Properties and Internet Marketing
I was born and raised in South Florida and graduated high school in 1988. I am a Combat Veteran who served in the US Army from 1988 to 1992 as a helicopter mechanic and was stationed in places like Korea, Germany, Turkey & Iraq. After the Army, I attended Embry Riddle Aeronautical University 1993-1995 and studied aviation maintenance. I started in Real Estate in 1997 and became an Ebay Platinum Powerseller 2003-2010.

I moved my family to Tennessee in 2006 and I am a resident of Hardin County, TN. I enjoy raising my children in this area, as it has low crime, great schools and family oriented activities for everybody.

I am a member of the Memphis Area Association of Realtors, Tennessee Association of Realtors and National Association of Realtors..

If you ever have any questions, you can contact me at
(731) 607-0118

Just a quick message asking you to understand that I am a real estate investor and not a video course creator.

This video covers the explaination of the tax card and where you can find your local tax cards in your area.

This section will cover the Basics of Owner Financing.

Explaining how the transaction works and what to expect

This lecture covers compound interest and length of term and how it affects the total amount collected on a loan

Here is the paperwork I use on my properties. It is an agreement for deed. Please check with you local attorney in your state, as every state will be different. There is no place to have the agreement notarized, so it can not be recorded against the title. This is good for the seller as it makes it easier to have them evicted, if they quit paying.

This section will cover Renting vs Owner Financing

Trust me, you don't want to be a landlord~!

In this section we will talk a little about the different types of financing that are possible

Then I will tell you which method I use and why

This section covers what I think an ideal potential property will be.

What I search for, several places to find them and what to do once you do find them.

In this video, I cover how to find deals online and offline.

There are many ways to do it, but these are the main ways I use to find deals

This video covers how to get set up on Trulia.com for listing alerts in your area.

This section will cover how I sell properties using owner financing, what I charge for down payments, interest rates and length of terms and even I show a real life property I am in the middle of buying and how I plan to sell it

When selling the properties, this is how I list them and the places I post them for sale.

HUD Home Store property video

Example of property video with Iphone

anyone can do it

Purchased school building in Grafton, West Virginia - Found on Ebay

Flipped it in 20 Days for a $31,000 profit. - Sold on Ebay!

Very Inspiring!

How I purchased this HUD Home for no money out of pocket

and over $120K in profit with owner financing

How I purchased this REO Foreclosure and will make over $20K profit with seller financing

How I purchased a home for $0 Money Down and will make over $40k with owner financing

How I bought this property

then sold it 4 different times

and how it keeps getting better

all with owner financing

owner finance vacant land for big profits

land contracts work great to create wealth

Big down payments with cash. It doesn't get any better than that.

Owner finance with enough down payment to pay for the whole deal

Talks about fire damage, insurance claims, rehabbing, trading for RV, and making money all the way around.

Traded a Camper for a down payment then sold the camper for double what I give for it

Bought this REO Foreclosure for $13k

then resold by owner financing the property for $32K

Twice

Purchased this REO Foreclosure

Then Resold for a $200 Positive Cashflow for the first 10 years

then it is all gravy for a total of $130K profit with owner financing

Purchased Hud Home

Then sold using Owner Financing to profit over $100k

Bad Tenants, Evictions, Court Dates, Judgements for $4600

and we will still make over $100k with owner financing

Bought this property from a wholesaler who made $7k off of me

I owner financed it out and will make over $80,000

Win - Win

I Got $12K Back at Closing

Then Flipped This REO Foreclosure for $35K Profit

Then bought it again and sold with Owner Financing

Bought 2 foreclosure properties from the bank in one deal and make over $380 positive cashflow from the beginning for first 5 years, then positive cashflow goes to $930 for the next 5 years, then it drops to $300 a month for the next $20 years ---OVER $150K PROFIT ALL FROM THIS ONE DEAL~!

I made a mistake on this one, by taking for granted, that it had a septic tank. I found out the day of closing, it didn't have one and decided to do the deal anyway. As yopu will see, even with the mistake, I still come out way ahead of the game.

I bought this one using owner financing and put no money down and will end up making over $70K by the time it is all over. Man, I love this stuff~!

When we bought this one, it was a little out of my area, but it was a big house in a good area for a great price. We sold it to a guy that lived there for a few years and then disappeared on us and moved out. The guy paid us over $45k in all and then just left it. We took it back and sold it again~! Super sweet deal~!

Great story on this one. Bought it and sold it in 2 weeks for $11,500 profit~! NO WORK~!

THESE FLIP DEALS ARE AWESOME~!

I bought this house from a Fannie Mae foreclosure and got it for $9500 --- Then sold it for $27K using owner financing --- By the time it is all said and done, we will make over $70K

Bought this one using owner financing and set up the payments to pay for itself in 4 years and then give me 11 years of no payment and all positive cashflow

Bought this 10 Unit RV park when I first moved to Tennessee. Sold it 2 times

How I leverage $3K to make over $105k on this opne deal. AWESOME~!

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Explores real-world real estate deals, offering insights into finding, buying, and selling properties using owner financing, which can be more relatable than theoretical concepts

Details the use of owner financing to acquire properties with limited capital, which can be an attractive option for investors with limited access to traditional financing

Features the instructor's personal experiences in real estate since 1997, which may provide valuable insights and lessons learned from a seasoned professional

Covers the basics of owner financing, including compound interest and deal-finding strategies, which are fundamental concepts for success in real estate investment

Includes a section on paperwork, advising learners to consult with a local attorney, as real estate laws vary by state, which is a crucial step in ensuring legal compliance

Requires learners to contact the instructor via phone, which may pose a barrier to some learners who prefer other forms of communication or who live outside of the instructor's time zone

Reviews summary

Owner financing real estate investment

According to learners, this course provides a practical, deal-focused look at real estate investing using owner financing. Students praise the real-life examples and the instructor's extensive experience, finding the content easy to understand and immediately applicable. While some note the production quality is basic, they emphasize the valuable insights and specific strategies shared, including how to find and structure deals with little to no money down. The course is seen as a great starting point for beginners, offering solid fundamentals and motivation, though some more experienced investors felt it could benefit from more advanced details or state-specific legal disclaimers.

Legal forms need local review.

"The course mentions checking with a local attorney regarding forms, which is crucial."

"It's important to remember that real estate laws vary significantly by state."

"While forms are shared, always get professional legal advice for your specific location."

Strategies can be applied right away.

"I finished the course feeling ready to start looking for deals and applying what I learned immediately."

"The tips and tricks shared are practical and actionable."

"Provides concrete steps on how to find properties and structure owner financing deals."

Concepts are presented clearly for beginners.

"The material is presented in a very clear and easy-to-understand manner, perfect for someone new to this."

"Even complex ideas about financing are broken down simply."

"I found the explanations straightforward and easy to absorb."

"Great course for understanding the basics of owner financing."

Learn from an experienced practitioner.

"The instructor's decades of experience really shine through. You can tell he knows what he's talking about."

"His practical knowledge is a huge plus. It's not just academic; it's based on doing the deals."

"I appreciated the instructor's direct, no-nonsense style and his willingness to share his personal journey."

Real-world deals illustrate strategies.

"The instructor walks through actual deals he's done, which makes the concepts very concrete and easy to follow."

"Loved seeing the real examples from the instructor's own portfolio. It's much more impactful than just theory."

"This course is full of real life examples that show exactly how owner financing deals can work."

"Getting to see actual numbers and outcomes from completed deals was incredibly valuable."

Video and audio quality are simple.

"As the instructor mentioned, the video quality isn't Hollywood, but the content makes up for it."

"The presentation is straightforward, not fancy, but gets the point across."

"Don't expect high production values, focus on the information being shared."

Better for beginners than experienced.

"If you're already experienced in real estate, some parts might feel like review."

"I was hoping for a bit more advanced strategies or deeper analysis on certain topics."

"Good overview for beginners, but seasoned investors might find it lacks depth."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Real Estate Investing With Owner Financing To Create Wealth with these activities:

Review Basic Real Estate Principles

Show steps

Reinforce your understanding of fundamental real estate concepts before diving into owner financing strategies.

Show steps

Review key real estate terminology.
Study basic concepts of property ownership.
Understand the different types of real estate.

Read 'The Book on Investing In Real Estate with No (and Low) Money Down'

Show steps

Learn creative strategies for acquiring properties with minimal upfront investment.

View The Multifamily Millionaire, Volume I: Achieve... on Amazon

Show steps

Obtain a copy of the book.
Read the book, taking notes on key concepts.
Identify strategies applicable to owner financing.

Compile a List of Potential Properties

Show steps

Practice identifying properties suitable for owner financing deals.

Show steps

Search online real estate listings.
Identify properties that may be good deals.
Analyze the potential for owner financing.
Create a spreadsheet of potential properties.

Four other activities

Expand to see all activities and additional details

Show all seven activities

Calculate Amortization Schedules

Show steps

Master the calculations involved in owner financing deals.

Show steps

Find an online amortization calculator.
Practice calculating loan payments.
Analyze the impact of interest rates.

Read 'Rich Dad Poor Dad'

Show steps

Develop a strong financial mindset for real estate investing.

View CASHFLOW Quadrant on Amazon

Show steps

Obtain a copy of the book.
Read the book, taking notes on key concepts.
Reflect on the lessons learned.

Analyze a Real Estate Deal

Show steps

Apply the concepts learned in the course to a real-world scenario.

Show steps

Find a real estate listing.
Gather financial information about the property.
Create a pro forma analysis.
Determine the potential for owner financing.

Attend Local Real Estate Investing Meetups

Show steps

Connect with experienced investors and learn from their successes and failures.

Show steps

Search for local real estate meetups.
Attend a meetup and introduce yourself.
Ask questions and learn from others.

Career center

Learners who complete Real Estate Investing With Owner Financing To Create Wealth will develop knowledge and skills that may be useful to these careers:

Real Estate Investor

A real estate investor identifies and acquires properties with the goal of generating profit, often through strategies like owner financing, which this course specifically addresses. This role involves analyzing market trends, assessing property values, and negotiating deals to maximize returns. This course is particularly relevant for an aspiring real estate investor, as it details how to find, purchase, and sell properties with owner financing, offering real-world examples of successful deals. The course's emphasis on practical, hands-on knowledge of owner financing, including methods for structuring deals and leveraging interest, helps build a foundation for a career in real estate investment.

See salaries and explore the career path for Real Estate Investor

Entrepreneur

An entrepreneur is someone who starts and manages their own business ventures, taking on financial risk in the hope of profit. This course is suited for an entrepreneur, particularly one interested in real estate. The course teaches the steps the instructor takes to find, purchase, improve, and sell properties with owner financing. The detailed examples of real deals from start to finish, and insights into generating wealth, may be very helpful for an entrepreneur looking to start or expand their real estate business. The course's practical approach to real estate transactions aligns with the action-oriented mindset of an entrepreneur.

See salaries and explore the career path for Entrepreneur

Property Acquisition Specialist

A property acquisition specialist focuses on identifying and securing properties for investment purposes. This role requires market analysis, negotiation skills, and knowledge of financing strategies. This course dives into the specifics of finding and acquiring real estate with owner financing. A property acquisition specialist will learn where to find deals as well as how to structure the purchase for maximum profit. The course’s step by step approach and real examples are particularly helpful for property acquisition.

See salaries and explore the career path for Property Acquisition Specialist

Real Estate Broker

A real estate broker acts as an intermediary between buyers and sellers of real estate, helping to facilitate transactions. Brokers need expertise in marketing properties, negotiating deals, and understanding financing options. This course helps a prospective broker by providing an understanding of owner financing, a specialized strategy that can help them offer more options to their clients. The course's content on structuring owner financing deals, coupled with insights into identifying profitable properties, makes this course highly relevant for aspiring real estate brokers looking to expand their skillset.

See salaries and explore the career path for Real Estate Broker

Land Investor

A land investor specializes in purchasing and selling land, often with the goal of long-term appreciation or development. Land investments often involve different strategies and considerations compared to developed properties. A land investor can use this course to understand the potential of owner financing in land deals which may create additional avenues for income. The course covers how to find and structure deals, which can be applied even to transactions involving undeveloped land. Several examples provided include cases of land being bought and flipped for profit using owner financing.

See salaries and explore the career path for Land Investor

Wholesaler

A wholesaler finds properties that are undervalued and then contracts to purchase them with the goal of assigning that contract for a profit. Wholesalers must be adept at networking and must understand real estate values to find profitable opportunities. This course provides a valuable tool in the arsenal of a real estate wholesaler, namely owner financing, that can allow the wholesaler to generate more profit. The course’s information on identifying and structuring deals may be particularly useful.

See salaries and explore the career path for Wholesaler

Realtor

A realtor is a licensed real estate professional who assists clients in buying, selling, and renting properties. Realtors require a broad understanding of the market, financing options, and negotiation techniques. This course provides insights into owner financing specifically, which can be a unique tool for a realtor to offer to clients. The course's coverage of how to identify deals, structure financing, and generate profits would be useful to a realtor looking to close more deals. The practical information provided in this course may be particularly useful for a realtor.

See salaries and explore the career path for Realtor

Real Estate Agent

A real estate agent helps clients buy, sell, and rent properties, providing guidance throughout the transaction process. Agents need strong sales and negotiation skills coupled with a thorough understanding of the local real estate market and financing options. By understanding owner financing, as taught in this course, a real estate agent can provide their clients with a wider range of options. The course’s detailed explanations of finding deals, determining property values, and structuring owner financing plans will assist a real estate agent in successfully closing deals for clients looking to buy or sell properties.

See salaries and explore the career path for Real Estate Agent

Real Estate Consultant

A real estate consultant provides expert advice and guidance to clients on property investments, development, and market analysis. Consultants leverage in-depth knowledge of the real estate industry to help clients make informed decisions. This course provides an insightful framework for real estate transactions, particularly how owner financing can be used to generate wealth. A real estate consultant can benefit from this course to better advise clients on creative financing strategies, and the understanding of different deal structures taught by this course may be particularly relevant.

See salaries and explore the career path for Real Estate Consultant

Real Estate Developer

A real estate developer is responsible for managing and coordinating the process of developing land and buildings, from initial planning to final construction. A real estate developer typically needs to be knowledgeable about market trends, financing, and construction. While this course doesn't focus necessarily on development, it teaches how to acquire and sell properties, which is a key function in the lifecycle of a real estate development project. The course's emphasis on owner financing as a method of generating wealth can provide further options and insights for a developer considering the sale of properties.

See salaries and explore the career path for Real Estate Developer

Mortgage Broker

A mortgage broker acts as an intermediary between borrowers and lenders, helping clients secure financing for property purchases. This role requires strong knowledge of various loan products and financing options. While this course does not directly focus on traditional mortgage lending, it does offer information on owner financing, which may be a powerful tool in some real estate scenarios. A mortgage broker may find that the course expands their options for clients, especially those who need to explore alternative financing. The course's discussion of structure and terms of financing may provide valuable insight.

See salaries and explore the career path for Mortgage Broker

Property Manager

Property managers oversee the day-to-day operations of real estate properties, including tenant relations, maintenance, and financial management. While this course does not directly focus on property management, it may be useful as it covers purchasing and selling properties, especially with owner financing. A property manager may leverage this knowledge to better understand the investment side of real estate. The course's details on deal-making and understanding financial aspects may help a property manager gain a broader understanding of real estate transactions.

See salaries and explore the career path for Property Manager

Asset Manager

An asset manager is responsible for overseeing and optimizing the performance of a portfolio of assets, which could include real estate. This involves strategic planning, financial analysis, and risk management. While this course may not be a direct fit, the strategies for purchasing and selling real estate with owner financing can be useful for an asset manager who is managing a portfolio with real estate holdings. The course's focus on practical application of owner financing and deal structure may be useful context for such a manager.

See salaries and explore the career path for Asset Manager

Financial Advisor

A financial advisor provides guidance to clients on managing their finances. The advice often includes investment strategies, retirement planning, and risk management. This course discusses the use of real estate and owner financing as an investment approach. A financial advisor with knowledge of real estate and owner financing may be able to better advise clients seeking real estate investments. The course's practical approach to real estate transactions may help a financial advisor broaden their scope of investment methods.

See salaries and explore the career path for Financial Advisor

Transaction Coordinator

A transaction coordinator manages administrative tasks related to a real estate transaction, ensuring that all documents are properly prepared, submitted, and processed. While this role does not directly involve investment strategy, understanding the basics of transactions is critical for a transaction coordinator. This course may be helpful for a transaction coordinator because it provides an inside look at how properties are purchased and sold, particularly when it comes to owner financing. The course’s insights into what is involved in closing a deal may improve their ability to manage the administrative tasks involved.

See salaries and explore the career path for Transaction Coordinator

Real Estate Investing With Owner Financing To Create Wealth

What's inside

Learning objectives

Syllabus

Traffic lights

Save this course

Reviews summary

Owner financing real estate investment

Activities

Career center

Reading list

Share

Similar courses