In this second installment of selling a car on seller finance to use in a Turo car rental business, Pace Morby brings his head Top Tier Transaction Coordinator, Molly Tennant, to go through each document in depth with the buyer, Angelo Pena. Molly breaks down the paperwork - the purpose of each document, why itโs important, and what it contains. If youโre feeling confused regarding the paperwork in a seller finance vehicle situation, this video is a must because Molly explains each document in detail.
โบ The Paperwork You Need!๐
https://paceapproves.com/vehicle-financing
โบ Watch Part 1: Selling a Car on Seller Finance | Step by Step
https://www.youtube.com/watch?v=4M5U60sJnok
โบ Connect with Molly Tennant:
https://instagram.com/tennantmolly
โบ Join us at the SquadUp Summit Event 2024:
https://paceapproves.com/summit
โบ Become a Top Tier Transaction Coordinator:
https://go.toptiertc.com/cb
โบ Join My Subto Community:
https://paceapproves.com/subtoyt
โบ Want to become a Gator (Private Money Lender)? Join us for the upcoming LIVE training:
https://paceapproves.com/gatortrainingyt
โบ Join Our Free Facebook Group:
https://paceapproves.com/communityyt
๐ PLUG IN & SUBSCRIBE ๐
โ๏ธ Follow Me On Instagram: https://www.instagram.com/pacemorby/
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Chapters:
0:00 - Intro
0:57 - Structure of the deal
4:54 - Using Turo to determine value of car
5:17 - Angeloโs cash flow
9:24 - Why would Angelo overpay for the car?
10:49 - Going through each document
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โ ๏ธ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate โ ๏ธ
๐ง๐ง๐ง DISCLAIMER ๐ง๐ง๐ง
โ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 โ
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