How To Buy A Car Without A Bank Loan! Ep 27
Manage episode 487651078 series 3670519
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In this episode, I chat with Mike Davis, owner of SellerFinance.io, about his innovative approach to selling cars through SubTo and Seller Finance. We discuss the paperwork, how both parties are protected, and how this strategy helps people buy cars without needing traditional bank loans. Mike also shares insights into how much he makes with this method and why it could be a game-changer for anyone looking to buy or sell cars creatively.
Mike explains how seller financing can open up opportunities for people who may not have access to traditional financing, whether due to poor credit or lack of bank approval. This approach helps bridge the gap for individuals who might otherwise be left out of the car-buying process.
We also dive into the process of setting up these deals, the risks involved, and how using the right paperwork and protections can lead to smooth transactions. If you're interested in learning more about creative financing and how it can work for you, this episode is packed with actionable tips that can be applied to the car business and beyond.
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