Hans breaks down his 10th creative finance deal, a seller-financed duplex acquired via a wholesale referral. Purchased for $110,000 ($5,000 down, $105,000 note at 5% interest, 7-year balloon, $563/month), the duplex in an A-class area needed moderate rehab. Instead of renting both units, Hans marketed it to investors and sold it on a contract for deed for $145,000 ($29,000 down, 6.4% interest, 6-year balloon). After $12,000 total costs ($5,000 down, $5,000 to wholesaler, $2,000 closing/holding), Hans netted $17,000 upfront profit, ~$200/month cash flow ($12,000 over 6 years), and a $13,000 back-end spread when the buyer refinances, totaling $42,000 profit. No banks involved!

Hans shares the promissory note and deed of trust, crafted without a due-on-sale clause for flexibility, emphasizing simplicity and strategic pricing to attract a landlord buyer.

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