Lex Levinrad Offering Training Classes On How To Buy Real Estate With Creative Financing, Business News
Internationally recognized motivational speaker and self made-millionaire shares his investing strategy with new investors who want to learn how to get started in real estate
Boca Raton, Florida, United States – March 15, 2023 —
With the rise in interest rates and ever-increasing monthly mortgage payments, buying a property has been challenging for investor’s in today’s market. This is why Lex Levinrad is sharing two key creative financing strategies to help buyers negotiate with sellers and talk directly to homeowners to make an offer to purchase their house.
“When interest rates increase, and mortgage payments become less affordable, it becomes much harder for sellers to sell because there are a lot less buyers,” said Lex Levinrad, a self-made millionaire and founder of Lex Levinrad Real Estate Training. “Instead of waiting for prices to decline or for interest rates to come down, focus instead on being a problem solver by providing the seller with a solution.”
“If you can find a way to solve the seller’s problems, you may be able to buy their house with creative financing methods without having to apply for a mortgage,” said Levinrad.
“Instead of waiting for prices to come down or for interest rates to decline, focus instead on solving the key issues that the seller is facing. They want to sell their house, but they are not getting any offers because buyers are having a hard time being approved for a mortgage because of the increase in interest rates.”
The first creative financing method focuses on seller financing. This works well when older sellers are looking to sell their home and relocate to another city or downsize and move to a smaller home or condo.
“They want to sell their house, but there are no buyers,” said Levinrad. “This is what creates