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How much of a down payment should you give the seller? | Q&A Thursdays

How much of a down payment should you give the seller? | Q&A Thursdays On this Q&A Thursday, Chris discusses the amount of money you should be giving a seller when you purchase their property on terms. Is it $5,000? $1,000? $100? Is it less than that? You’ll definitely be surprised when you hear the actual answer. So, give it a watch to see what he has to say and then let us know below if you have a comment or a question of your own that you’d like answered.

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Real Estate Investing Coach & Mentor Chris Prefontaine

Smart Real Estate Coach gives investors the step-by-step education and proven tools they need from one of the nation’s top-producing investors. Put your real estate investing career into high gear with our proven “business in a box.”

Chris, an expert in lease purchase and rent-to-own for buyers, has been in real estate for 25 years. He has built over 100+ single family homes (1990s), has owned a Realty Executives Franchise (Massachusetts, 1994-2000), and eventually sold his brokerage business as a REALTOR® to Coldwell Banker in 2000. The 2000s included coaching people throughout US and Canada and doing condo conversions (multi-family homes to condos) and “raise the roof” projects (converting single-family ranches to colonials in growth neighborhoods).

Chris has been a student of Ron Legrand since 2005 and has completed Ron’s Masters’ Program, participated in two high-end mastermind groups ($25,000 each) personally with Ron. He also does JV deals with Ron for the $1mil + properties. Chris’ company Pre Property Solutions buys between 3-10 properties monthly and a large percentage of those are done via lease/options, as well as selling via Sandwich lease. Chris also coaches others throughout the country to do the same. He has a passion for helping others in allowing them to grow to their full potential.

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