Episode 19 - Creative Financing
Not everyone has unlimited money to invest or even connections, especially at the start. In those situations, you have to be creative. There are different options to finance an investment using other people's money. In today's episode, Sam and Lucas will share five creative financing options, four of which they have personally used in many of their real estate deals. So if you're feeling adventurous, learn more about these options so you can grab the next profitable deal and be on your way to success.
“So many times, we bought a deal and didn't know what we were doing at first. We just figured it out as we went.” - Sam Primm
“Be as creative as possible. Get the best terms in your favor and be able to simply pitch that to your investor.” - Lucas Walls
Resources
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WHAT’s IN THIS EPISODE?
- How does Subject To financing work?
- When is it good to utilize Owner Financing?
- What makes Fix and Flip with Private Lenders an attractive option?
- Private Lenders to Owner Financing and Private Lenders to BRRRS are two more options you can consider
- Details on the Deal O’ The Week
Meet the Founder of FasterFreedom
I founded FasterFreedom to teach people just like me to take ownership of their freedom. There is a reason why real estate creates 90% of millionaires in this country.
It's an incredible vehicle for leverage, cash flow, appreciation and the sheer practicality of it… Everyone (and I mean everyone) has the opportunity to benefit from Real Estate.
Real Estate can be overwhelming at times which is part of the reason why we don’t see more people taking advantage of the incredible wealth creating opportunities it provides.
I launched FasterFreedom to do just that… we provide the foundation and grooved path for individuals wanting to achieve freedom and financial independence through Real Estate Investing.
I pride myself in practicing what I preach, meaning all of my lessons and tips are constantly updated and based on the real investing that I do right now- so you only learn what works and not through theory or outdated practices!
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