Episode #15: Doing creative deals using instalment contracts, with Thor Portess - a podcast by Rob Dix

from 2013-07-01T07:36:41

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Can you do creative property deals in London, buying with very little cash, even when the market is buoyant?

Thor Portess does regularly, so I invited him onto the podcast to share how he does it.

His tool of choice is instalment contracts: a type of vendor financing that allows him to create good outcomes for all parties, make cashflow instantly with very little investment, and have multiple routes to another payoff in the future.

Not a clue what vendor financing or an instalment contract is? Don't worry - I've never done this type of deal before, so I made sure Thor clarified everything with a real-life example.

See this episode on the Property Geek site: https://propertygeek.net/podcast/creative-deals-instalment-contracts

Further episodes of The Property Geek Podcast

Further podcasts by Rob Dix

Website of Rob Dix