Seller Financing
Technique
Buying a small business with minimal upfront cash by having the business's own profits repay the seller over time
"There's an even better form of business debt the top 1% use, and it's called seller financing. With seller financing, you're basically flipping the transaction. You give the seller 40% of the profits until you pay back the 375K over 7 years — no banker in t..."
More source quotes
Acquiring real estate assets with no money down and no credit check by taking over seller's existing mortgage or having seller finance the purchase
"100% of my $500 million in real estate has been creatively financed. I tell your parents to never sell anything for cash. You're going to give 25% of it to the government. When a seller truly understands creative finance — how it saves them money, they get ..."