Land contracts can do wonders for both buyers and sellers, but it is not without risk. Things can go wrong! In this second video of our 4-part vLOG series on land contracts, you will learn what to watch out for. Enjoy the video!
Background: A land contract, also known as a contract for deed or installment land contract, is a real estate transaction where the buyer pays the purchase price of the property to the seller over time, rather than obtaining financing from a third-party lender. The seller retains legal ownership of the property until the buyer has fully paid off the purchase price.
Want to learn more about group investing opportunities?
Join our Spire Real Estate Investor Group. There is no cost or obligation. You’ll join hundreds of other investors who are choosing passive income on their path to a life of financial security. By joining the group, you will get:
- Exclusive real estate investing opportunities
- Access to webinars and videos that show you exactly how to invest passively in real estate to create financial security that will allow you to weather the unexpected and ultimately retire with confidence
- Our Spire Simple Syndication System that explains how to evaluate passive real estate opportunities to invest in the right deals for you
- A personal conversation with Michael Parks to answer your questions regarding passive real estate investing and help you formulate a plan to create the future you want to achieve
We look forward to having you in the group!