Why are so many real estate investors obsessed with Vendor Take Back Mortgages?
You probably here myself, Adam Martin, Kyle Ford, Kasey Wong and all the other successful investors constantly talking about why they get excited and why they want often want vendor take back mortgages especially when they are buying larger mutlifamily buildings!
There's a whole host of reasons why an investor would be attracted to a vendor take back mortgage but I think the biggest aspect is understanding the level of creativity one can have compared to dealing with a traditional A lender.
In today's video I breakdown 7 Key Factors for why investors are so drawn to a vendor take back mortgage!
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Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On this YouTube Channel Matt discusses a variety or real estate and personal finance strategies and tactics. Including: How to BRRRR Real Estate, The Importance of Investing for Cash Flow, How to Reach Financial Independence Retire Early, Safe Withdrawal Rates, Frugality and Reducing Personal Consumption & Embracing Minimalism.
Matt began investing in real estate at age 25 by purchasing a student rental near Fanshawe College.
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