The "0 down seller financing" strategy in real estate investing is an approach where the buyer purchases multiple properties (a portfolio) from a seller who is offering their own financing terms. The buyer pays a down payment to the seller and agrees to the repayment terms for principal/interest over time, BUT the seller agrees to give one or multiple properties to the buyer free and clear. The buyer can then go and refinance those properties to try and get enough proceeds to pay for the down payment. This involves high risk with 100% leverage essentially. The real estate model below lets you plan out various scenarios.
After purchase, the template will be immediately available to download. This is also included in the real estate models and sensitivity table models bundle.
I got the idea for this from a Twitter post by: https://twitter.com/ChrisRamsey60
I'm not a financial advisor, consult a real estate attorney and use the model at your own risk.
The main scenario this model was built for is buying portfolios of properties with the use of seller financing.
Template Features:
- Test various leverage assumptions and rent/expense assumptions to see if the deal is feasible.
- Includes debt service coverage ratio.
- Inputs for starting rent per property, start month of rent, renovations, ongoing expenses, and growth.
- Input for average vacancy.
- Option to include an exit value based on the exit month (up to 120 months holding period) and exit cap rate.
- Sensitivity Analysis / Table
- Shows net operating income, debt service from both loans, and cash flow.
- Includes a DCF Analysis (NPV) and IRR (may or may not be relevant depending on assumptions)
- Visuals for all key financial metrics of the deal.
- Includes monthly and annual pro forma views.
- Retail Building Construction
- Lot Development
- Apartment Building
- Strip Mall Acquisitions
- Single Tenant Industrial Real Estate
- Mobile Home Park (1 to 40 park ramp)
- Mixed-Use Real Estate
- Self Storage: Up to 6 Deals
- Rental Property Scaling
- Condo Development
- STRs (Short-term Rentals)
- Unit-Based Real Estate Acquisition
- Assisted Living Facility / Nursing Home
- Short-term Rental Arbitrage
- Hotel Development / Acquisition
- IRR Sensitivity Analysis (occupancy)
- Multi-family Real Estate Acquisition (annual only)
- Real Estate Flipping Calculator
- Property Management Business
- Real Estate Brokerage
- Real Estate Development
- Real Estate Checklist
- Rental Property ROI Calculator
- Seller Financing
- General Cash Flow Waterfall: 3 IRR Hurdles
- General Cash Flow Waterfall: 3 IRR Hurdles and GP Catch-up Provision
- Preferred Equity
- Preferred Return
- Cost Segregation Study