EP 483 - How to Structure a Seller Leaseback (So It Doesn't Destroy You)

What did you think of todays show??Should you buy a house from an elderly seller in foreclosure who wants to rent it back indefinitely? In this episode, we break down the financials, the moral gray area, and smarter alternatives. Plus, find out what hard money lenders actually look at when you apply, how assignment fees can jeopardize your loan, and the red flags that get you denied immediately.Topics discussed:Introduction (00:00)Conspiracy theories and fake statistics (01:00)Ethical dilemma: buying a house from a 77-year-old (08:30)How to protect yourself with a seller leaseback (16:11)Why Dylan can’t sell his condo (17:49)Red flags lenders catch immediately (23:12)Dan's rule for choosing who you do business with (30:56)Sign up to join the FREE Scale Community! https://collectingkeys.com/Want deeper breakdowns like this every week? Subscribe to the Collecting Keys newsletter! https://collectingkeys.com/newsletter/Follow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com