I have just come across a vendor finance calculator that makes my ‘evaluating’ process so much simpler and easier. It makes all the correct assumptions and calculates everything I need to know about the validity of a Vendor Finance transaction.

Its called the  Vendor Finance calculator and it was developed by investors who needed to understand how much, when and what their costs or profits would be.

I have run a few deals by the site and they are easy and very straight forward to read and understand.

The calculator works for investors doing all vendor finance transactions including

1. Instalment Contracts or Wraps
2. Lease Options
3. Back to Back Lease Options
4. Second Mortgages
5. Joint Venture Agreements
6. Honeymoon Rates Mortgage
7. Insurance Varying Laws
8. Taxes between States

When submitting details into the system the calculator asks you what type of buy and sell you are proposing to do. There is even a section where you can qualify your buyers. There is a section on the site for saving transactions and you can log into see what people owe you and what they are repaying you. I found this really handy when out of town last week.

I am sure you will agree that the guys at Vendor Finance Calculator have got a great free program for you to evaluate your future transactions. The best thing is that you can do dream scenarios and calculations varying different components and styles.

You do need to register to use the program however I see this as a great way to keep in contact with fellow investors and when the guys upgrade things no doubt they will keep the registered users up to date.

Still Wrapped!

Don Christie

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