The Advanced Video Library for the Acquisition phase starts at the very beginning, the investor beginning to consider becoming a real estate investor using the owner financing strategy.

The Video Library explains the fundamentals of real estate and owner financing, then moves into the explanation of how to do the marketing to get motivated sellers calling you including how to answer the phone confidently and obtaining the information that you need.

The Video Library covers evaluating the lead, crafting the offer, writing the contract and disclosures and making the offer to the seller. We have included an extensive section on Anticipated Questions and Objections (and their Answers) that might arise while you are making our offer.

We complete this section covering what materials to obtain from the seller, the considerations on when to close and whether or not you should do the repairs or just sell AS IS, and finally how to manage the close process.

Below is a list of the short training videos included in Advanced Video Library for the Acquisition phase. Owner Finance Academy reserves the rights to modify, change, delete, and add new short training videos in order to provide the best possible library for the investor.

Extensive Advanced Reference Video Library

  • Before Your Get Started
  • Your Exit Strategy
  • Building Your Team
  • Owner Finance Overview
  • Greatest Wealth Building Principle
  • Real Estate Fundamentals
  • Owner Finance Fundamentals
  • Getting the Motivated Seller to Call You
  • How to Talk to the Seller on the Phone
  • Evaluating the Lead – All Transactions
  • Evaluating the Lead – Cash Transactions
  • Evaluating the Lead – Seller Finance Transactions
  • Evaluating the Lead – Subject-to and Wrap Transactions
  • Loan Modifications – Subject-to and Wrap Transactions
  • Be Aware of These Seller Situations
  • Structuring the Transaction with Your Financial Plans in Mind
  • Structuring the Transaction
  • Shorting Second Mortgages – Subject-to and Wrap-mortgage transactions
  • Releasing Federal Tax Liens
  • Contract and Disclosures – Cash Transactions
  • Contract and Disclosures – Seller Finance Transactions
  • Contract and Disclosures – Subject-to Transactions
  • Contract and Disclosures – Wrap-Mortgage Transactions
  • Contract and Disclosures – Land Trust Transactions
  • Contract and Disclosures – Assignment Transactions
  • Evaluating the Location and Condition of the House
  • Viewing the Property
  • How to Make / Explain the Offer to the Seller
  • Asking the Seller to Move Out
  • Anticipated Questions and Objections and their Answers
  • General Questions
  • How to Manage the Closing Process
  • Deciding if you should Make Repairs or Sell AS IS
  • What it takes to be a Successful Real Estate Investor

Total of 215 videos

VIEW FULL LIST OF ACQUISITION TRAINING VIDEOS
VIEW FULL LIST OF MATERIALS PROVIDED

This Video Library Includes

INTRODUCTORY SUBSCRIPTION TO REALEFLOW

 

Acquisition Module

$9,985.00 with a monthly fee of $19.95, starting after 60-days.

All Advanced Video Libraries

$9,985.00 with a monthly fee of $19.95, starting after 60-days.

Course Curriculum

1.01.0 Before Your Get Started
1.01.01 What is your why Details 00:00:00
1.01.02 Expect obstacles and losses Details 00:00:00
1.01.03 If your why is greater than your obstacle… Details 00:00:00
1.01.04 What is the purpose of your company Details 00:00:00
1.01.05 Your core values Details 00:00:00
1.01.06 Taking the high road Details 00:00:00
1.01.07 Avoiding litigation / legal troubles Details 00:00:00
1.01.08 Giving to charity Details 00:00:00
1.02.0 Your Exit Strategy
1.02.01 What is your exit strategy for investing? Details 00:00:00
1.02.02 How long do you plan to invest? Details 00:00:00
1.02.03 What are you going to do after you finish investing? Details 00:00:00
1.04.0 Building Your Team
1.04.01 Considerations about partners Details 00:00:00
1.04.02 Real estate broker / realtor Details 00:00:00
1.04.03 Licensed Residential Mortgage Loan Originator Details 00:00:00
1.04.04 Title company / attorney Details 00:00:00
1.04.05 Licensed Residential Mortgage Loan Servicer Details 00:00:00
1.04.07 Bookkeeper / accountant Details 00:00:00
1.05.0 Owner Finance Overview
1.05.01 Kitchen table explanation Details 00:00:00
1.08.01 What is owner financing Details 00:00:00
1.05.03 How people are helped through owner finance transactions Details 00:00:00
1.05.04 Why does owner financing work? Details 00:00:00
1.06.0 Greatest Wealth Building Principle
1.06.01 Greatest Wealth Building Principle Details 00:00:00
1.07.0 Real Estate Fundamentals
1.07.01 Criminal vs civil legal systems explained Details 00:00:00
1.07.02 Personal versus real property explained Details 00:00:00
1.07.03 The standard real estate documents Details 00:00:00
1.07.04 Debunk the common belief that the bank owns an house that has a mortgage against it Details 00:00:00
1.07.05 Mineral, surface, and air rights Details 00:00:00
1.07.06 Community property Details 00:00:00
1.07.07 Common law marriage Details 00:00:00
1.07.08 Homestead exemption Details 00:00:00
1.07.09 Executory contracts Details 00:00:00
1.07.10 The legal description Details 00:00:00
1.07.11 The role and function of the real estate professionals Details 00:00:00
1.07.12 The role of the realtor Details 00:00:00
1.07.13 Do you have to be a realtor to invest in real estate Details 00:00:00
1.07.14 The 70-step process of a traditional cash sale transaction Details 00:00:00
1.07.15 traditional closing process Details 00:00:00
1.07.16 How a title company processes the closing Details 00:00:00
1.07.17 The fees associated with a traditional cash sale transaction Details 00:00:00
1.07.18 The role and function of the mortgage lender Details 00:00:00
1.07.19 What happens if you do not pay your mortgage? Details 00:00:00
1.07.20 The foreclosure process Details 00:00:00
1.07.21 Reverse mortgages Details 00:00:00
1.08.0 Owner Finance Fundamentals
1.08.01 What is owner financing Details 00:00:00
1.08.02 The legal basis for owner financing Details 00:00:00
1.08.03 The seven strategies of owner financing Details 00:00:00
1.08.04 Types of acquisition owner finance transactions Details 00:00:00
1.08.05 acquisition strategies – assignment transaction Details 00:00:00
1.08.06 Acquisition strategies – cash transaction Details 00:00:00
1.08.07 acquisition strategies – seller financing transaction Details 00:00:00
1.08.08 acquisition strategies – subject-to transaction Details 00:00:00
1.08.09 acquisition strategies – wrap-mortgage transactions Details 00:00:00
1.08.10 Typical owner finance acquisition process Details 00:00:00
1.08.12 Why does owner financing work? Details 00:00:00
1.08.13 Benefits to the seller Details 00:00:00
1.08.14 Protection to the seller Details 00:00:00
1.08.15 Benefits to the buyer Details 00:00:00
1.08.16 Benefits to the investor Details 00:00:00
1.08.17 Consumer vs commercial transactions Details 00:00:00
1.08.18 Statutes, regulations, and legal considerations Details 00:00:00
1.08.19 Back-end considerations Details 00:00:00
1.09.0 Getting the Motivated Seller to Call You
1.09.01 What is marketing? Details 00:00:00
1.09.02 The five fundamental pieces of a marketing strategy Details 00:00:00
1.09.03 Who are the people that have problems? Details 00:00:00
1.09.04 What should we say to let them know we can solve their problem Details 00:00:00
1.09.05 What are 72 of the highly innovative ideas on finding these potential sellers? Details 00:00:00
1.09.06 What are 45 innovative ideas on how to communicate to them? Details 00:00:00
1.09.07 How do we calculate our budget to get the motivated sellers to call us? Details 00:00:00
1.09.08 How to talk to a realtor Details 00:00:00
1.09.09 How to talk to a rehabber and or wholesaler Details 00:00:00
1.10.0 How to Talk to the Seller on the Phone
1.10.01 Talking to the potential seller on the phone for the first time Details 00:00:00
1.10.02 Talking to the potential seller on the phone for the first time (mock 1) Details 00:00:00
1.10.03 Talking to the potential seller on the phone for the first time (mock 2) Details 00:00:00
1.10.04 Talking to the potential seller on the phone for the first time (mock 3) Details 00:00:00
1.10.05 Talking to the potential seller on the phone for the first time (mock 4) Details 00:00:00
1.11.0 Evaluation the Lead – All Transactions
1.11.01 Lead evaluation Overview Details 00:00:00
1.11.02 Filing and naming convention Details 00:00:00
1.11.03 Seller questionnaire Details 00:00:00
1.11.04 County appraisal district Details 00:00:00
1.11.05 County clerk’s office Details 00:00:00
1.11.06 Multiple Listing Service Details 00:00:00
1.11.07 Freddie Mac website Details 00:00:00
1.11.08 Payoff quotes from the mortgage lender Details 00:00:00
1.11.09 Reinstatement quotes from the mortgage lender / foreclosure attorney Details 00:00:00
1.11.10 Mortgage statements Details 00:00:00
1.11.11 Legal ownership Details 00:00:00
1.11.12 Legal description Details 00:00:00
1.11.13 Forbearance liens Details 00:00:00
1.11.14 Delinquent / backup ad valorem taxes Details 00:00:00
1.11.15 Property tax liens Details 00:00:00
1.11.16 Federal Tax Liens Details 00:00:00
1.11.17 Other liens Details 00:00:00
1.11.18 Determining the fair market value Details 00:00:00
1.11.19 Determining fair market lease rate Details 00:00:00
1.11.20 Determining your estimated sales price Details 00:00:00
1.11.21 Estimating potential cash flow Details 00:00:00
1.12.0 Evaluating the Lead – Cash Transactions
1.12.01 Lead evaluation overview Details 00:00:00
1.12.02 Cost of other people’s money Details 00:00:00
1.12.03 Loan amortization Details 00:00:00
1.12.04 Calculating offer as percentage of FMV Details 00:00:00
1.12.05 Apportioning cash flow Details 00:00:00
1.12.06 Reverse calculate offer amount Details 00:00:00
1.13.0 Evaluating the Lead – Seller Finance Transactions
1.13.01 Lead Evaluation overview Details 00:00:00
1.13.02 Calculating offer as percentage of FMV Details 00:00:00
1.13.03 Determining offer mortgage rate Details 00:00:00
1.13.04 Apportioning cash flow Details 00:00:00
1.13.05 Reverse calculate offer amount Details 00:00:00
1.14.0 Evaluating the Lead – Subject-to and Wrap Mortgage Transactions
1.14.01 Lead evaluation overview Details 00:00:00
1.14.02 Statements from the mortgage lender Details 00:00:00
1.14.03 Statements for the escrow account from the mortgage lender Details 00:00:00
1.14.04 Reinstatement quotes from the mortgage lender / foreclosure attorney Details 00:00:00
1.14.05 Loan amortization Details 00:00:00
1.14.06 Calculation of PITI Details 00:00:00
1.14.07 Accelerate extended amortizations (longer than 30 years) Details 00:00:00
1.14.08 Seller second note Details 00:00:00
1.14.09 Apportioning cash flow Details 00:00:00
1.14.10 Integrating private money into the calculations Details 00:00:00
1.14.11 Evaluating risk thresholds (period until negative cash flows breakeven) Details 00:00:00
1.15.0 Loan Modifications – Subject-to and Wrap Transactions
1.15.01 Loan modifications Details 00:00:00
1.15.02 Acquiring while loan modification is in process Details 00:00:00
1.15.03 Acquiring while loan modification is in trial period (do you want to do the loan mod?) Details 00:00:00
1.16.0 Be Aware of These Seller Situations
1.16.01 Property in Chapter 11 or 13 bankruptcy Details 00:00:00
1.16.02 Property in Chapter 7 bankruptcies Details 00:00:00
1.16.04 Property has tenant occupant Details 00:00:00
1.16.05 Property is Section 8 rental Details 00:00:00
1.16.06 Property owned by person not a legal resident Details 00:00:00
1.16.07 One of the owners passed away Details 00:00:00
1.16.08 One of the borrowers on the loan has passed away Details 00:00:00
1.16.09 Dealing with the ex- who is on the mortgage loan Details 00:00:00
1.16.10 Dealing with an owner who has a Federal Tax lien Details 00:00:00
1.16.11 Dealing with an owner that is not present Details 00:00:00
1.16.12 Buying during loan modification trial period Details 00:00:00
1.17.0 Structuring the Transaction with Your Financial Plans in Mind
1.17.01 Have your exit plan in mind before you begin Details 00:00:00
1.17.02 Structure your transactions to fit into your financial plans Details 00:00:00
1.17.03 Determining acceptable risk Details 00:00:00
1.17.04 Taking on negative cash flow deals Details 00:00:00
1.17.05 Structuring your private capital loans Details 00:00:00
1.17.06 Paying off / shorting second liens Details 00:00:00
1.17.07 Paying off first liens Details 00:00:00
1.17.08 Maximizing your cash flow when you retire Details 00:00:00
1.18.0 Structuring the Transaction
1.18.01 Owner finance acquisition strategies Details 00:00:00
1.18.02 Avoid executory contracts Details 00:00:00
1.18.03 Avoid sandwich leases, lease-option, rent-to-own Details 00:00:00
1.18.04 Considerations for structuring the transaction Details 00:00:00
1.18.05 How to structure the transactions Details 00:00:00
1.18.06 Contract and disclosure preparation Details 00:00:00
1.18.07 Private investors Details 00:00:00
1.19.0 Shorting Second Mortgages – Subject-to and Wrap Transactions
1.19.01 Subordinate lien position equals vulnerability Details 00:00:00
1.19.02 shorting second liens Details 00:00:00
1.19.03 Hardship letters Details 00:00:00
1.19.04 Making and negotiating the offer Details 00:00:00
1.20.0 Releasing Federal Tax Liens
1.20.01 Publication 148 – Guidelines for Processing Notice of Federal Tax Lien Documents Details 00:00:00
1.20.02 Obtaining a Broker’s Price Opinion Details 00:00:00
1.20.03 Hold the lien release until closing Details 00:00:00
1.21.0 Writing the contract and disclosures
1.21.01 Explanation of cash transaction contract Details 00:00:00
1.21.02 One to four family residential contract (resale) Details 00:00:00
1.21.03 Third party financing addendum Details 00:00:00
1.21.04 Addendum for property subject to mandatory membership in a property owners association Details 00:00:00
1.21.05 Addendum for reservation of oil, gas, and other minerals Details 00:00:00
1.21.06 Addendum for seller’s disclosure of information on lead-based paint Details 00:00:00
1.21.07 Seller’s disclosure of property condition Details 00:00:00
1.21.08 Explaining the cash acquisition contract Details 00:00:00
1.21.1 Contract and disclosures – seller financing transactions
1.21.11 Explanation of seller financing transaction contract Details 00:00:00
1.21.12 One to four family residential contract (resale) Details 00:00:00
1.21.13 Addendum for property subject to mandatory membership in a property owners association Details 00:00:00
1.21.14 Seller financing addendum Details 00:00:00
1.21.15 Addendum for reservation of oil, gas, and other minerals Details 00:00:00
1.21.16 Addendum for seller’s disclosure of information on lead-based paint Details 00:00:00
1.21.17 Seller’s disclosure of property condition Details 00:00:00
1.21.18 Explaning the seller financing acquisition contract Details 00:00:00
1.21.2 Contract and disclosures – subject-to transactions
1.21.21 Explanation of subject-to transaction contract Details 00:00:00
1.21.22 One to four family residential contract (resale) Details 00:00:00
1.21.23 Addendum for property subject to mandatory membership in a property owners association Details 00:00:00
1.21.24 Loan assumption financing addendum Details 00:00:00
1.21.25 Addendum for reservation of oil, gas, and other minerals Details 00:00:00
1.21.26 Addendum for seller’s disclosure of information on lead-based paint Details 00:00:00
1.21.27 Subject-to addendum to the purchase contract Details 00:00:00
1.21.28 Seller’s disclosure of property condition Details 00:00:00
1.21.29 Acknowledgement of subject-to transaction Details 00:00:00
1.21.30 Disclosure of underlying lien transaction Details 00:00:00
1.21.31 Acknowledgement of mortgage liability Details 00:00:00
1.21.32 Acknowledgement of state and federal regulations Details 00:00:00
1.21.33 Acknowledgement due on sale Details 00:00:00
1.21.34 Acknowledgement of subject-to management Details 00:00:00
1.21.35 Seller’s general subject-to acknowledgement Details 00:00:00
1.21.36 Explaining the subject-to acquisition contract Details 00:00:00
1.21.4 Contract and disclosures – wrap-mortgage transactions
1.21.41 Explanation of wrap-mortgage transaction contract Details 00:00:00
1.21.42 One to four family residential contract (resale) Details 00:00:00
1.21.43 Addendum for property subject to mandatory membership in a property owners association Details 00:00:00
1.21.44 Seller financing addendum Details 00:00:00
1.21.45 Addendum for reservation of oil, gas, and other minerals Details 00:00:00
1.21.46 Addendum for seller’s disclosure of information on lead-based paint Details 00:00:00
1.21.47 Wrap-mortgage addendum to the purchase contract Details 00:00:00
1.21.48 Seller’s disclosure of property condition Details 00:00:00
1.21.49 Acknowledgement of wrap-mortgage transaction Details 00:00:00
1.21.50 Disclosure of underlying lien transaction Details 00:00:00
1.21.51 Acknowledgement of mortgage liability Details 00:00:00
1.21.52 Acknowledgement of state and federal regulations Details 00:00:00
1.21.53 Acknowledgement due on sale Details 00:00:00
1.21.54 Acknowledgement of wrap-mortgage management Details 00:00:00
1.21.55 Seller’s general wrap-mortgage acknowledgement Details 00:00:00
1.21.56 Explaining the wrap-mortgage acquisition contract Details 00:00:00
1.21.6 Contract and disclosures – land-trust transactions
1.21.60 Land-trust transactions Details 00:00:00
1.21.7 Contract and disclosures – assignment transactions
1.21.70 Assignment of real estate contract Details 00:00:00
1.22.0 Evaluating the Location and Condition of the House
1.22.01 Location, location, location Details 00:00:00
1.22.02 Buying in the hood Details 00:00:00
1.22.03 Condition of the house Details 00:00:00
1.23.0 Viewing the Property
1.23.01 Before you knock on the door Details 00:00:00
1.23.02 Building rapport Details 00:00:00
1.23.03 Viewing condition of the property Details 00:00:00
1.23.04 Be authentic Details 00:00:00
1.24.0 How to Make / Explain the Offer to the Seller
1.24.01 Talking to the seller at the kitchen table Details 00:00:00
1.24.02 Introduce yourself Details 00:00:00
1.24.03 Ask why seller needs to sell Details 00:00:00
1.24.04 Discuss facts about the house Details 00:00:00
1.24.05 Make the offer Details 00:00:00
1.24.06 Explaining the offer Details 00:00:00
1.24.07 Talking to the seller at the kitchen table (mock 1) Details 00:00:00
1.24.08 Talking to the seller at the kitchen table (mock 2) Details 00:00:00
1.24.09 How the offer solves the seller’s problems Details 00:00:00
1.24.10 If they are not sure, ask their alternatives Details 00:00:00
1.24.11 If they still are not sure, ask the magic question Details 00:00:00
1.24.12 Negotiating the offer Details 00:00:00
1.24.13 For those wanting time to think about the offer Details 00:00:00
1.24.14 What we need to disclosure to the seller Details 00:00:00
1.24.15 How to explain the due-on-sale clause to the seller Details 00:00:00
1.24.16 Explain the closing costs Details 00:00:00
1.24.17 Explaining when we start making the mortgage payments Details 00:00:00
1.24.18 Explain making the pro-rata mortgage payment at closing Details 00:00:00
1.24.19 Explain the sales / closing process Details 00:00:00
1.24.20 The documents and information you do need from the seller Details 00:00:00
1.25.0 Asking the Seller to Move Out
1.25.01 Option contract Details 00:00:00
1.25.02 Sale lease-back option Details 00:00:00
1.25.03 Vacate immediately Details 00:00:00
1.26.0 Anticipated Questions and Objections and their Answers
1.26.01 Introduction Details 00:00:00
1.26.02 Closing Details 00:00:00
1.26.03 Due on sale clause Details 00:00:00
1.26.04 The foreclosure process and considerations Details 00:00:00
1.26.05 Homeowners hazard insurance Details 00:00:00
1.26.06 Federal income tax considerations Details 00:00:00
1.26.07 The mortgage company and the mortgage loan Details 00:00:00
1.26.08 Loan modification Details 00:00:00
1.26.09 Liens Details 00:00:00
1.26.10 Other and general Details 00:00:00
1.26.11 Other offers from other investors Details 00:00:00
1.26.12 The ownership Details 00:00:00
1.26.13 The realtors Details 00:00:00
1.26.14 Making repairs Details 00:00:00
1.26.15 Selling the property Details 00:00:00
1.26.16 Utilities Details 00:00:00
1.27.0 General questions
1.27.01 Legal basis for owner financing Details 00:00:00
1.27.02 The due-on-sale clause Details 00:00:00
1.27.03 The due-on-sale clause Details 00:00:00
1.27.04 How acquisition closings are handled Details 00:00:00
1.27.05 Mechanism for an investor to use owner financing Details 00:00:00
1.27.06 Is mortgage assignment similar to subject to Details 00:00:00
1.27.07 Is contracting to purchase or assigning a property as an investor acting as a realtor or representing the seller in any manner? Details 00:00:00
1.27.08 How the seller is protected Details 00:00:00
1.27.09 How the investor is protected Details 00:00:00
1.27.10 How the investor protects themselves Details 00:00:00
1.27.11 Should we notify the underlying lender Details 00:00:00
1.27.12 The legal requirements when an underlying lien is present Details 00:00:00
1.28.0 How to manage the acquisition closing process
1.28.01 When to close Details 00:00:00
1.28.02 Preparing for the acquisition closing Details 00:00:00
1.28.03 Review transaction prior to closing Details 00:00:00
1.28.04 Managing the acquisition closing Details 00:00:00
1.29.0 Deciding if you should make repairs or sell AS IS
1.29.01 Deciding if you should make repairs or sell AS IS Details 00:00:00
1.30.0 What it takes to be a successful real estate investor
1.30.01 what does it take to be a successful real estate investor Details 00:00:00
PURCHASE THIS COURSE
  • $19.95 / month with a 60-day free trial and a $5,985.00 sign-up fee
  • 60 Days
  • 2018-03-29

Instructors

35 STUDENTS ENROLLED
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