If you like these videos you will likely love my podcast and all my other stuff you can find at http://tspc.co. I am not going to say not to do this, I am going to say it should in most cases be your last resort not your first choice. I am also going to come at this from a stand point I have never heard anyone do before. I am going to put myself into the position of being the land owner you want to buy from, and tell you how I would view this and how I would right the contract to benefit me, not you. Then you can understand what to look out for, and what to negotiate if you end up doing this. Some Advantages of Owner Financing for the Buyer… Generally Anyone with a Down Payment is Approved, that’s it any other advantage comes back to this. Some Disadvantages for the Buyer… Interest rates are higher Term of loan is generally short 5-10 years vs. 15-30 Almost all have ballon payments Many have “penalties” for early pay off The number of available property is much smaller Terms of foreclosure are generally faster then a conventional loan Often owners are employing certain strategies and don’t want early pay offs, etc. and hence don’t want to negotiate In short you should only buy this way if you can clearly articulate the advantage or you have no other option. When you do this right this can work well in a few situations…. You are a “raw land flipper” who comes in and makes land more desirable, markets it and sells it rather quickly. You are going to build a home on the land that will qualify for a mortgage and will be refinancable for said purpose or after the build is complete. The land is relatively low cost and you are fine with the real price (what you pay) vs. the stated sale price and it fits your long term plans. All it this falls under it isn’t always bad but it is bad more often then it is good. In the end once you have a contract in hand it absolutely should be reviewed by a real estate attorney to make sure it means what you think it means and always remember laws and terms differ widely by state. What is true in Texas may not be true in Oregon, etc. Finally nothing in the video today is legal or financial advice, just how I personally view this concept and what I would watch out for if I chose to use it myself. ... https://www.youtube.com/watch?v=fOKEZpQZxe8

This is Charlie our new pup. He is part border collie, part boxer and part god only knows what. Notice how gentle our 150 pound German Sheppard Max is with him. ... https://www.youtube.com/watch?v=KbRiN5tu4po

This is a fascinating 24 part lecture series on the civilizations of North America from the arrival of first peoples (pre clovis) all the way up to European contact. I will upload them all over the next week or two. Once natural selection produced a strain of drought-resistant corn, the peoples of the desert gave up their nomadic existence and began to build more permanent structures. Examine the first sedentary cultures of the American Southwest—the possible precursors to the Pueblo—and understand why baskets, which had been invented many thousands of years earlier, significantly increased in importance as the only portable storage solution before the advent of pottery.

All links, resources, source material and the audio of this podcast can be found at https://www.thesurvivalpodcast.com/feedback-12-12-22 about one hour after the live version of this video is over. Today we discuss a variety of your feedback on dogs, Elon's twitter files, bitcoin, our power grid, side hustles, restoring farmland to nature, a new sous vide hack, libertarian government and more. Yummy Links as Promised in the Video The MSB is on Sale - https://www.thesurvivalpodcast.com/msb-christmas-22 John Bush's Crypto Seminar - https://www.thesurvivalpodcast.com/bush-crypto Red Neck Duck Farmer Large Front Design - https://tspswag.com/products/t138 Red Neck Duck Farmer Small Front-Large Back Design - https://tspswag.com/products/t137 Get the Fold Card of you Hate Money - https://bit.ly/dont-hate-money (get 5,000 free sats when you sign up) All my Bitcoin tools in one place - https://bit.ly/my-btc-tools Paul Wheatons Awesome 144 hours of PDC and Appropriate Tech Video Offer - https://bit.ly/pdc-from-paul Nicole Sauce's Awesome Holiday Coffee Deals - https://www.thesurvivalpodcast.com/jacks-bourbon-cooled Get your TSP Swag - https://tspswag.com/ You can always support my work just do your online shopping starting at http://tspaz.com Subscribe to my podcasts on Fountain and participate in Value for Value - https://fountain.fm/jackspirko?code=8fc0cf31f9 Get all my Bitcoin Tools at - https://bit.ly/my-btc-tools Exchange Value for Value with Alby right in your Browser at https://getalby.com/ ⚡️jackspirko@getalby.com for V4V (don’t send email there it won’t work) ... https://www.youtube.com/watch?v=2yBwF7VHwPs