Episode #15: Doing creative deals using instalment contracts, with Thor Portess
Can you do creative property deals in London, buying with very
little cash, even when the market is buoyant? Thor Portess does
regularly, so I invited him onto the podcast to share how he does
it. His tool of choice is instalment contracts: a type of...
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vor 12 Jahren
Can you do creative property deals in London, buying with very
little cash, even when the market is buoyant?
Thor Portess does regularly, so I invited him onto the podcast to
share how he does it.
His tool of choice is instalment contracts: a type of vendor
financing that allows him to create good outcomes for all
parties, make cashflow instantly with very little investment, and
have multiple routes to another payoff in the future.
Not a clue what vendor financing or an instalment contract is?
Don't worry - I've never done this type of deal before, so I made
sure Thor clarified everything with a real-life example.
See this episode on the Property Geek
site: https://propertygeek.net/podcast/creative-deals-instalment-contracts
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