73. Bank on Your Neighbor: Seller Financing with Melissa Dorman

Starting with only $500, Melissa Dorman bought 23 units in 3 years, jumpstarting her real estate career. How did this former social worker pull it off? Seller financing.Melissa joins us today to explain everything you need to know about seller financing, including how to structure deals, identify good partnerships, and think through issues like taxes and cash flow.Melissa understands social wealth better than most. She sees the potential in hard-working people who might not fit into the traditional bank-financing system. She attracts people who want to leverage their equity for good.This episode is going to stretch your brain. Enjoy!Resources:Learn more at The Color of MoneyGo to MelissaDorman.com to sign up for alerts about her upcoming book, “Bank on Your Neighbor,” and e-coursesListen to Episode 65. Buying Businesses, Not Renting Careers with Fee GentryRead “Miracle Morning”Become a real estate agent HEREConnect with Our HostsEmerick Peace:Instagram: @theemerickpeaceFacebook: facebook.com/emerickpeaceDaniel Dixon:Instagram: @dixonsolditFacebook: facebook.com/realdanieldixonLinkedIn: linkedin.com/in/dixonsolditYouTube: @dixongroupcompaniesJulia Lashay:Instagram: @iamjulialashayFacebook: facebook.com/growwithjuliaLinkedIn: linkedin.com/in/julialashay/YouTube: @JuliaLashayBo MenkitiInstagram: @themenkitigroupFacebook: facebook.com/obiora.menkitiLinkedIn: linkedin.com/in/bomenkiti/Produced by NOVAThis podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.WARNING! You must comply with the TCPA and any other federal, state or local laws, including for B2B calls and texts. Never call or text a number on any Do Not Call list, and do not use an autodialer or artificial voice or prerecorded messages without proper consent. Contact your attorney to ensure your compliance.