In today’s video, Pace Morby lets his head Top Tier Transaction Coordinator, Molly Tennant, and Turo car flipper, Angelo Pena, take over the video explaining the full process of buying/selling a car on seller finance. Molly dives into the paperwork that is used when you seller finance a car, and how important a transaction coordinator is. Angelo talks about his Turo business and what he looks for as the buyer in a creative finance transaction. If you’re looking for a new car or want to sell a car, doing it creatively could be the solution for you. See all the paperwork for these types of deals below!
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Chapters:
0:00 - Intro
3:17 - Selling my car on seller finance terms
4:39 - What is important when buying a car for Turo purposes?
6:19 - Process of selling a car creatively
10:02 - What does a TC do?
12:30 - Documents to use when selling a car with creative finance
14:43 - Angelo’s Turo business model
19:08 - Additional costs when using Turo
20:26 - How to contact Angelo
20:41 - Scaling your Turo business
22:11 - CapEx for cars
23:24 - Buying other businesses to help with Turo fleet
24:54 - What does the future hold?
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⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎
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