On The Market cover image

29: Creative Financing: 2022’s Antidote to High Interest Rates w/Pace Morby

On The Market

00:00

Can I Sell for Two Point Eight Five Million?

Sellers on cellar finance s want to mitigate their tax liability, right? You only get paid on what you receive. So we set up a clause in the cellar finance situation where if i default, it immediately reverts back to him. We have a deed in leu document that is pre signed, notarized, that the seller can go and file in the event that i'm i default. It's something meand an attorney created about six years ago, where you get sellers ago.

Play episode from 28:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app