Build a Portfolio of Seller Financing Cash Flow with Nick Disney
Guest: Nick Disney is the founder of Sell My San Antonio House. His company specializes in flipping houses to owner occupants using seller financing.
Big Idea: Instead of selling conventionally-using bank financing and real estate agents, Nick sells directly to his owner occupant buyers and provides seller financing. These 10%+ interest bearing notes are then sold off to investors who enjoy 30 years of payments receiving 3.4 times their original investment.
Nick Disney: Perfect. I’m a single family real estate investor in San Antonio, Texas. So that’s 99% of our business, you know, started buying wholesaling. Some flips started with building the rental portfolio. Now, it’s really transitioned into buying, rehabbing, and selling with owner finance. And so we want to sell the property create a promissory note, which is our preferred method to produce long term cash flow. And so now we create notes. We keep some of them, and we sell some of those notes to other folks who just want to buy the payment stream on the back end.
Dan Breslin: Yeah, so I have. I have a friend. Actually, he was a guest on the show, like 5 years ago, maybe before he even started doing this. Dan Zatowski. He’s out of Delaware. A lot of listeners, local in Philly probably know the name.
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Resources mentioned in this episode:
https://www.SellMySanAntonioHouse.com/
For Access to Real Estate Deals You Can Buy & Sell for Profit:
https://AccessOffMarketDeals.com/podcast/
Nick & I Discuss Seller Finacing:
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Creating a Legal Seller Financed Transaction
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Underwriting the Borrower
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How to “Refi” your note after purchase
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Long Term Cashflow without Tenant & Repair Headaches
Relevant Episodes: (200+ Content Packed Interviews in Total)
- Buying Mortgage Notes Generates 15% + Returns with Brian Lauchner
- Dave Van Horn on The Process of Investing in Notes
- 100+ Unit Apartment Syndication with Stephanie Walter
The transcript of this episode can be found here.
Transcripts of all episodes can be found here.