Shownotes
In this episode, Scott showcases a massive lineup of 48 properties available right now with owner financing. Whether you are looking for a place to park a tiny home, a recreational campsite, or a long-term investment, this episode covers it all. Scott also breaks down the mechanics of buying land without a bank, why "doc fees" exist, and how to negotiate terms that fit your budget.
Key Takeaways:
- Owner Financing 101: No credit checks, no banks. The owner acts as the bank, allowing you to buy land with down payments as low as $0.
- The "Ben Franklin" Property: Scott coins this term for properties where the down payment and monthly payments are under $100 (a $100 bill features Benjamin Franklin).
- The "Gap" in Bank Lending: Banks typically won't write mortgages for land under $50k-$75k. Owner financing fills this gap for affordable land.
- Negotiation: Almost everything is negotiable—the down payment, the monthly term, and the interest. The only thing you can't negotiate is the acreage!
🏔️ Featured "Deep Dive" Property
Location: [Likely Arizona/Colorado based on terrain description]
Property ID: 342106
- The Deal: 2 Acres for $74,000 Cash (or $199 Down / $1,000/mo).
- Why it matters: Scott uses this listing to explain why you don't need a bank. A bank would require 20% down ($14k+). The owner only asks for $199 down.
📍 Property Listings by State
To view a property, visit lmodo.ws and enter the Property ID number.
Arkansas
Izard County (Rural beauty, lakes, rolling hills)
- 0.33 Acres | $150 down | ID: 341956
- 0.38 Acres | $115 down | ID: 341989
- 0.41 Acres | Ben Franklin Special (<$100/mo) | ID: 337367
- 0.29 Acres | Ben Franklin Special | ID: 342020
Arizona
Apache County
- 2.00 Acres | $299 down | ID: 342032
- 0.95 Acres | $150 down | ID: 335352
- 1.00 Acre | No Doc Fee Promo | ID: 326096
- 1.00 Acre | $240 down | ID: 341995
- 1.00 Acre | $150 down | ID: 342028
- 0.37 Acres | $150 down | ID: 309801
Mojave County (Near Las Vegas)
- 2.00 Acres | $100 down | ID: 342062
- 1.25 Acres | $190 down | ID: 338892
- 1.15 Acres | $199 down | ID: 340902
Navajo County
- 1.25 Acres | Ben Franklin Special | ID: 342095
California
Modoc County ("The Library of America")
- 0.92 Acres | $300 down | ID: 340915
Colorado
Costilla County (Mountain views, 5-acre lots)
- 2.50 Acres | Year-round access | ID: 342058
- 5.00 Acres | Ben Franklin Special | ID: 316340
- 5.30 Acres | $150 down | ID: 341831
- 5.00 Acres | Solar cabin potential | ID: 342066
- 15.00 Acres | $399 down | ID: 333694
- 10.00 Acres | $200 down | ID: 333272
- 5.00 Acres | $500 down | ID: 339522
- 5.00 Acres | Fishing/Camping | ID: 341935
- 5.18 Acres | $199 down | ID: 327949
- 5.27 Acres | $250 down | ID: 77342
Florida
Jackson County
- 1.34 Acres | "Happy Trees" (No Snow!) | ID: 325814
Marion County (Ocala)
- 0.25 Acres | $500 down | ID: 328098
Putnam County (Mobile home friendly areas, near St. Augustine)
- 0.25 Acres | $99 down | ID: 339652
- 0.25 Acres | $0 DOWN | ID: 332187
- 0.40 Acres | Mobile home friendly | ID: 335102
- 0.24 Acres | $180 down | ID: 341970
- 0.90 Acres | Road access | ID: 340313
- 0.22 Acres | $249 down | ID: 339799
- 0.22 Acres | Seller named Jeff (Super cool guy) | ID: 341991 (Note: Transcript cut off, approximated based on sequence)
- 0.25 Acres | "Resolutions fade, Deeds don't" | ID: 342073
- 0.25 Acres | Tiny Home Approved | ID: 342087
- 0.25 Acres | $199 down | ID: 342013
Georgia
Muskogee County (Near Columbus)
- 0.33 Acres | $300 down | ID: 341854
New Mexico
Catron County
- 0.62 Acres | $250 down | ID: 339632
Luna County (The "Land of Ben Franklin")
- 1.00 Acre | $2,399 Cash | ID: 340830
- 1.00 Acre | $1,499 Cash | ID: 340846
- 1.21 Acres | Ben Franklin Special | ID: 341794
Valencia County
- 1.00 Acre | $199 down / 13 months | ID: 284831
Nevada
Elko County
- 2.00 Acres | $99 down | ID: 341932
Oregon
Klamath County
- 2.60 Acres | $199 down | ID: 336657
- 1.52 Acres | Underground power ready | ID: 342030
Texas
El Paso County
- 1.00 Acre | Zero Down | ID: 337534
Memorable Quotes:
"I don't know what else in the world lasts forever that you can buy for $2,200? You can't even buy an ounce of gold for that."
"Resolutions fade, deeds don't. Well, if we're going to be technical, anything printed on paper does fade... but deeds last forever."
"The sellers want me screaming from the rooftop, but the buyers want me to zip it. Because if you know, you know." (On Modoc, CA)
Resources Mentioned:
