Latest / Master Passive Income Podcast Network / How To Get Unlimited Money To Buy Real Estate - Master Passive Income Real Estate Investing
Transcript
- 1:13You're
- 1:14listening
- 1:14to
- 1:14the
- 1:14Master
- 1:15Passive
- 1:15Income
- 1:15Podcast
- 1:16Network.
- 1:20Welcome
- 1:20to
- 1:20the
- 1:20Master
- 1:21Passive
- 1:21Income
- 1:21show.
- 1:22My
- 1:22name
- 1:22is
- 1:22Dustin
- 1:22Heiner
- 1:23and
- 1:23I'm
- 1:23here
- 1:23to
- 1:24help
- 1:24you
- 1:24get
- 1:24financial
- 1:24independence.
- 1:25Quit
- 1:25your
- 1:25job.
- 1:26Your
- 1:27enemy
- 1:27is
- 1:27your
- 1:28job,
- 1:28that
- 1:28just
- 1:29over
- 1:29broke
- 1:29job.
- 1:30And
- 1:30I'm
- 1:30here
- 1:31to
- 1:31help
- 1:31you
- 1:31do
- 1:31it
- 1:31by
- 1:31investing
- 1:32in
- 1:32real
- 1:32estate
- 1:32so
- 1:33you
- 1:33never
- 1:33ever
- 1:33have
- 1:33to
- 1:33work
- 1:34a
- 1:34job
- 1:34again.
- 1:35And
- 1:35in
- 1:36today's
- 1:36show,
- 1:36I'm
- 1:37going
- 1:37to
- 1:37be
- 1:37talking
- 1:37all
- 1:38about
- 1:39money
- 1:39is
- 1:39not
- 1:40your
- 1:40obstacle.
- 1:40In
- 1:40fact,
- 1:41I'm
- 1:41going
- 1:41to
- 1:41give
- 1:41you
- 1:4114,
- 1:42maybe
- 1:42even
- 1:4216
- 1:43different
- 1:43ways
- 1:44to
- 1:44get
- 1:45financing,
- 1:46to
- 1:46get
- 1:46money
- 1:46to
- 1:47buy
- 1:47real
- 1:47estate,
- 1:47to
- 1:47make
- 1:48you
- 1:48cash
- 1:48flow
- 1:48every
- 1:49single
- 1:49month
- 1:49so
- 1:50you
- 1:50can
- 1:50quit
- 1:50that
- 1:50job.
- 1:51All
- 1:52right,
- 1:52let's
- 1:52start
- 1:52the
- 1:53show.
- 2:01Welcome
- 2:02to
- 2:02the
- 2:02Master
- 2:03Passive
- 2:03Income
- 2:04podcast
- 2:04where
- 2:05we
- 2:05talk
- 2:05about
- 2:05investing
- 2:06in
- 2:06real
- 2:06estate
- 2:07with
- 2:07a
- 2:07special
- 2:07focus
- 2:08on
- 2:08making
- 2:09enough
- 2:09money
- 2:09starting
- 2:10so
- 2:10you
- 2:10can
- 2:10quit
- 2:11your
- 2:11job
- 2:11and
- 2:12live
- 2:12the
- 2:12dream
- 2:13life.
- 2:13And
- 2:13now
- 2:14here
- 2:14is
- 2:14your
- 2:15host,
- 2:15Dustin
- 2:16Heiner.
- 2:22What's
- 2:23up?
- 2:23What's
- 2:23up?
- 2:23Super
- 2:24blessed
- 2:24to
- 2:24have
- 2:24you
- 2:24here
- 2:25with
- 2:25me
- 2:25on
- 2:25the
- 2:25show.
- 2:26Honestly,
- 2:26I
- 2:27really,
- 2:27really
- 2:28appreciate
- 2:28you
- 2:28coming
- 2:29back
- 2:29week
- 2:29after
- 2:29week.
- 2:30My
- 2:30goal
- 2:31is
- 2:31to
- 2:31help
- 2:311
- 2:31million
- 2:32people
- 2:32to
- 2:32invest
- 2:33in
- 2:33real
- 2:33estate.
- 2:34And
- 2:34I
- 2:34know
- 2:35you,
- 2:35you
- 2:35are
- 2:36one
- 2:36of
- 2:36those
- 2:361
- 2:36million
- 2:37people.
- 2:37That's
- 2:37something
- 2:37that
- 2:38I
- 2:38realize
- 2:39that
- 2:39in
- 2:40my
- 2:40life,
- 2:40the
- 2:40more
- 2:40people
- 2:41that
- 2:41I
- 2:41help
- 2:42get
- 2:42what
- 2:42they
- 2:42want,
- 2:43the
- 2:43more
- 2:44money
- 2:44I
- 2:44make,
- 2:44the
- 2:44more
- 2:45money
- 2:45they
- 2:45make.
- 2:45Everybody's
- 2:46life
- 2:46wins.
- 2:47And
- 2:47I
- 2:48have
- 2:48now
- 2:48thousands
- 2:49of
- 2:49students
- 2:50that
- 2:50have
- 2:51gone
- 2:51through
- 2:52all
- 2:52my
- 2:52coaching
- 2:52and
- 2:53courses
- 2:53and
- 2:53everything
- 2:53and
- 2:54they're
- 2:54investing
- 2:55as
- 2:55well.
- 2:55As
- 2:56I
- 2:56put
- 2:56on
- 2:56my
- 2:56conference,
- 2:57the
- 2:57Income
- 2:57Building
- 2:58live
- 2:58conference,
- 2:59just
- 2:59gathering
- 2:59together
- 3:00hundreds
- 3:00and
- 3:00hundreds
- 3:01of
- 3:01people
- 3:01investing
- 3:02in
- 3:02real
- 3:02estate.
- 3:02And
- 3:02I
- 3:03kid
- 3:03you
- 3:03not,
- 3:03when
- 3:03I
- 3:04look
- 3:04at
- 3:05my
- 3:05students
- 3:05or
- 3:05talk
- 3:05to
- 3:06my
- 3:06students
- 3:06and
- 3:06they
- 3:07say,
- 3:07hey,
- 3:07Dustin,
- 3:07thank
- 3:08you
- 3:08so
- 3:08much
- 3:08for
- 3:08helping
- 3:09me
- 3:09quit
- 3:09my
- 3:09job,
- 3:10I
- 3:10feel
- 3:11so
- 3:11much
- 3:11more
- 3:11fulfilled.
- 3:12This
- 3:12is
- 3:12what
- 3:12I
- 3:12mean.
- 3:13I'm
- 3:13not
- 3:13joking.
- 3:14I
- 3:15absolutely
- 3:15feel
- 3:16so
- 3:16much
- 3:16more
- 3:17fulfilled
- 3:18in
- 3:18my
- 3:18life
- 3:19when
- 3:19my
- 3:19students
- 3:20get
- 3:21success
- 3:21than
- 3:21I
- 3:22do.
- 3:22Honestly,
- 3:22like
- 3:23we
- 3:23just
- 3:23closed
- 3:24on
- 3:24a
- 3:24was
- 3:25a
- 3:2510
- 3:25or
- 3:25$12
- 3:26million
- 3:26property
- 3:27apartment
- 3:28complex.
- 3:28We
- 3:28just
- 3:28closed
- 3:29on
- 3:29that.
- 3:29It
- 3:30was
- 3:30a
- 3:30great
- 3:30accomplishment,
- 3:30but
- 3:31I
- 3:31didn't
- 3:31necessarily
- 3:32feel
- 3:32fulfilled.
- 3:32It's
- 3:32just
- 3:32another
- 3:33good
- 3:34property,
- 3:34good
- 3:35deal,
- 3:35which
- 3:35is
- 3:35fantastic.
- 3:36But
- 3:37when
- 3:37my
- 3:37students
- 3:38buy
- 3:39their
- 3:39apartment
- 3:40complex
- 3:40or
- 3:41single
- 3:41family
- 3:41home
- 3:42or
- 3:42whatever
- 3:43it
- 3:43might
- 3:43be,
- 3:43my
- 3:44goodness,
- 3:44that
- 3:45gets
- 3:45me
- 3:45up
- 3:46every
- 3:46morning.
- 3:47And
- 3:47you
- 3:47know
- 3:47what's
- 3:47kind
- 3:47of
- 3:48funny
- 3:48is
- 3:48as
- 3:49I'm
- 3:49looking
- 3:50at
- 3:50what's
- 3:50going
- 3:50on
- 3:51in
- 3:51the
- 3:51economy,
- 3:52the
- 3:53real
- 3:53estate
- 3:53market
- 3:54and
- 3:54all
- 3:54that
- 3:54sort
- 3:54of
- 3:54stuff,
- 3:55I'm
- 3:55seeing
- 3:56deals
- 3:56all
- 3:56over
- 3:56the
- 3:57place.
- 3:57Deals
- 3:58that
- 3:59honestly,
- 3:59that
- 3:59just
- 4:00pop
- 4:00ups
- 4:00like,
- 4:00because
- 4:01I'm
- 4:01an
- 4:01investor,
- 4:01I've
- 4:01been
- 4:02doing
- 4:02it
- 4:02for,
- 4:02well,
- 4:032006,
- 4:03I
- 4:04started
- 4:04investing
- 4:04and
- 4:05buying
- 4:05property
- 4:05after
- 4:06property,
- 4:06each
- 4:07one
- 4:07making
- 4:07me
- 4:08cash
- 4:08flow
- 4:08for
- 4:09$500
- 4:09or
- 4:10more
- 4:10every
- 4:10single
- 4:11month
- 4:11in
- 4:11passive
- 4:11income.
- 4:12And
- 4:12as
- 4:13I
- 4:13started
- 4:13doing
- 4:14that,
- 4:14I
- 4:14started
- 4:15realizing
- 4:16that
- 4:16my
- 4:16money's
- 4:17coming
- 4:17in
- 4:17without
- 4:17me
- 4:18working.
- 4:18And
- 4:18so
- 4:18I
- 4:18just
- 4:18kept,
- 4:19you
- 4:19know,
- 4:19seeking
- 4:20after
- 4:20that.
- 4:20Now,
- 4:21those
- 4:22same
- 4:22types
- 4:23of
- 4:23deals,
- 4:23maybe
- 4:24not
- 4:24the
- 4:24same
- 4:24price
- 4:24point
- 4:25and
- 4:25everything
- 4:25like
- 4:25that,
- 4:26meaning
- 4:26buying
- 4:26them,
- 4:27let's
- 4:27say,
- 4:27$30,000
- 4:28or
- 4:28anything
- 4:29like
- 4:29that,
- 4:29because
- 4:29they've
- 4:30gone
- 4:30up,
- 4:31but
- 4:31the
- 4:31same
- 4:31deals
- 4:32are
- 4:32out
- 4:33there
- 4:33for
- 4:33you
- 4:34to
- 4:34make
- 4:34cash
- 4:34flow.
- 4:35In
- 4:35fact,
- 4:35I
- 4:36have
- 4:36students
- 4:37that
- 4:37in
- 4:37like,
- 4:37six
- 4:38months
- 4:38buy
- 4:38two
- 4:38or
- 4:38three
- 4:39or
- 4:39four
- 4:39properties
- 4:40because
- 4:40they
- 4:41have
- 4:42the
- 4:42key
- 4:42to
- 4:43unlock
- 4:44the
- 4:44financing.
- 4:45When
- 4:45I
- 4:45say
- 4:46the
- 4:46key,
- 4:46there
- 4:46are
- 4:47multiple
- 4:47keys
- 4:48to
- 4:48unlock
- 4:49financing,
- 4:49but
- 4:50the
- 4:50key
- 4:50is
- 4:50to
- 4:51know
- 4:51that
- 4:51you
- 4:52have
- 4:52so
- 4:52many
- 4:52options.
- 4:53Now,
- 4:54I
- 4:54know
- 4:55there
- 4:55are
- 4:55roadblocks
- 4:56for
- 4:56you
- 4:56to
- 4:57invest
- 4:57in
- 4:57real
- 4:57estate,
- 4:57to
- 4:58buy
- 4:58your
- 4:58first
- 4:58property,
- 4:5910th
- 4:59property,
- 5:0050th
- 5:00property.
- 5:01I
- 5:01know
- 5:01there
- 5:01are
- 5:02roadblocks.
- 5:02And
- 5:03usually
- 5:04every
- 5:04single
- 5:05person
- 5:05has
- 5:05this
- 5:06one
- 5:06roadblock,
- 5:07at
- 5:07least
- 5:07in
- 5:07their
- 5:07mind,
- 5:08that
- 5:08tells
- 5:09them,
- 5:09well,
- 5:10Dustin,
- 5:10I
- 5:10wasn't
- 5:11born
- 5:11with
- 5:11a
- 5:11lot
- 5:11of
- 5:11money.
- 5:12I
- 5:12didn't
- 5:12have
- 5:12a
- 5:13huge
- 5:13inheritance.
- 5:14I
- 5:14don't
- 5:14have
- 5:15just
- 5:15tons
- 5:15of
- 5:15money
- 5:15sitting
- 5:16around
- 5:17most
- 5:17of
- 5:17us.
- 5:18In
- 5:18fact,
- 5:18every
- 5:19person
- 5:19that
- 5:20you
- 5:20hear
- 5:20come
- 5:21on
- 5:21my
- 5:21podcast
- 5:21that
- 5:22are
- 5:22my
- 5:22students
- 5:22that
- 5:22I
- 5:22interview,
- 5:23they
- 5:23started
- 5:24just
- 5:24like
- 5:24you.
- 5:25They
- 5:25started
- 5:26just
- 5:26like
- 5:27you.
- 5:27Just
- 5:27regular
- 5:28everyday
- 5:28people
- 5:29working
- 5:29a
- 5:309
- 5:30to
- 5:305
- 5:30job,
- 5:32doing
- 5:32it
- 5:32daily
- 5:33grind
- 5:33over
- 5:33and
- 5:34over
- 5:34again.
- 5:35But
- 5:35they
- 5:35saw
- 5:36that
- 5:37there's
- 5:37a
- 5:37potential
- 5:38thing
- 5:38out
- 5:38there
- 5:38called
- 5:39real
- 5:39estate
- 5:39investing
- 5:40that
- 5:40they
- 5:40can
- 5:41do
- 5:41and
- 5:42change
- 5:42their
- 5:42life.
- 5:43But
- 5:43that
- 5:43opened
- 5:44their
- 5:44mind.
- 5:45That
- 5:45opened
- 5:45their
- 5:46mind
- 5:46up
- 5:46to
- 5:46see
- 5:46that
- 5:46there
- 5:47are
- 5:47options
- 5:47to
- 5:47invest
- 5:48in
- 5:48real
- 5:48estate
- 5:48that
- 5:48they
- 5:49don't
- 5:49have
- 5:49in
- 5:49front
- 5:49of
- 5:49them.
- 5:50They
- 5:51see
- 5:51now,
- 5:51oh,
- 5:52my
- 5:52goodness,
- 5:52I
- 5:52have
- 5:53this
- 5:54option
- 5:54of
- 5:54investing
- 5:55in
- 5:55real
- 5:55estate.
- 5:56My
- 5:56limitation.
- 5:57Maybe
- 5:57I
- 5:57don't
- 5:57have
- 5:57any
- 5:57credit,
- 5:58Maybe
- 5:59I
- 5:59don't
- 5:59have
- 5:59any
- 5:59money.
- 5:59Maybe
- 6:00I
- 6:00don't
- 6:00have
- 6:00any
- 6:00experience.
- 6:01I
- 6:01don't
- 6:01have
- 6:01any
- 6:01mentors.
- 6:02I
- 6:02don't
- 6:02have
- 6:02any,
- 6:03you
- 6:03know,
- 6:04contacts
- 6:04in
- 6:04the
- 6:05business.
- 6:05I
- 6:05don't
- 6:05have
- 6:06any
- 6:06of
- 6:06that
- 6:06stuff.
- 6:07Well,
- 6:08every
- 6:08single
- 6:08one
- 6:08of
- 6:09these
- 6:09little
- 6:09roadblocks,
- 6:09you
- 6:10can
- 6:10get
- 6:10past
- 6:10these
- 6:11roadblocks
- 6:11to
- 6:12buy
- 6:12your
- 6:12first
- 6:12property,
- 6:13your
- 6:1310th
- 6:13property.
- 6:14Every
- 6:14single
- 6:15one
- 6:15has
- 6:15been
- 6:16overcome
- 6:16by
- 6:16somebody
- 6:17else.
- 6:17And
- 6:17that's
- 6:18why
- 6:18I
- 6:18have
- 6:19this
- 6:19episode
- 6:19today.
- 6:20Everybody's
- 6:21first
- 6:21thought
- 6:21is,
- 6:22dustin,
- 6:22I
- 6:22don't
- 6:23have
- 6:23the
- 6:23money
- 6:24to
- 6:24buy
- 6:25real
- 6:25estate.
- 6:25In
- 6:25fact,
- 6:26on
- 6:26my
- 6:26Instagram,
- 6:27I
- 6:27post,
- 6:28you
- 6:28know
- 6:28how
- 6:28to
- 6:28invest
- 6:28in
- 6:29real
- 6:29estate.
- 6:29And
- 6:30all
- 6:30These
- 6:30other
- 6:30great
- 6:31things
- 6:31on
- 6:31there.
- 6:31And
- 6:31so
- 6:31if
- 6:32you
- 6:32want
- 6:32to
- 6:32follow
- 6:32me
- 6:32on
- 6:32Instagram,
- 6:33actually
- 6:33reach
- 6:34out
- 6:34to
- 6:34me
- 6:34too.
- 6:34I
- 6:34just
- 6:35love
- 6:35getting
- 6:35DMs,
- 6:35talking
- 6:36to
- 6:36people.
- 6:36I'm
- 6:36an
- 6:36extrovert,
- 6:37so
- 6:37the
- 6:37more
- 6:37people
- 6:37I
- 6:37could
- 6:37talk
- 6:38to,
- 6:38the
- 6:38better.
- 6:39The
- 6:39Dustin
- 6:39Heiner.
- 6:40The
- 6:40Dustin
- 6:41Heiner.
- 6:41I've
- 6:42helped
- 6:42and
- 6:42coached
- 6:42thousands
- 6:43of
- 6:43people
- 6:43and
- 6:43I
- 6:43want
- 6:44you
- 6:44to
- 6:44do
- 6:44it
- 6:44as
- 6:45well.
- 6:45So
- 6:45reach
- 6:45out
- 6:46to
- 6:46me
- 6:46on
- 6:46Instagram.
- 6:46But
- 6:47I
- 6:47get
- 6:47people
- 6:48when
- 6:48I
- 6:48post.
- 6:48Hey,
- 6:49how
- 6:49simple
- 6:50it
- 6:50is.
- 6:50It's
- 6:50not
- 6:51easy.
- 6:51It's
- 6:52just
- 6:52simple.
- 6:52When
- 6:53I
- 6:53post
- 6:53how
- 6:53simple
- 6:54it
- 6:54is
- 6:54to
- 6:54buy
- 6:55your
- 6:55first
- 6:55property
- 6:56and
- 6:56get
- 6:56in
- 6:56the
- 6:57steps.
- 6:57I
- 6:57get
- 6:57people
- 6:58all
- 6:58the
- 6:58time.
- 6:58The
- 6:59first
- 6:59comments
- 6:59or
- 7:0010
- 7:00comments
- 7:01are
- 7:01people
- 7:01saying,
- 7:02I
- 7:02don't
- 7:02have
- 7:03money.
- 7:03Like,
- 7:04how
- 7:04do
- 7:04you
- 7:04get
- 7:04past
- 7:04the
- 7:05money
- 7:05issue
- 7:05and
- 7:06completely
- 7:07get
- 7:07it?
- 7:07I'm
- 7:07not
- 7:08knocking
- 7:08them
- 7:08because
- 7:09I
- 7:09was
- 7:09in
- 7:09that
- 7:09same
- 7:09boat.
- 7:10All
- 7:11investors,
- 7:13we
- 7:13are
- 7:13in
- 7:13that
- 7:14same
- 7:14boat
- 7:14as
- 7:14well.
- 7:15But
- 7:15there
- 7:15are
- 7:15so
- 7:15many
- 7:16hurdles
- 7:16that
- 7:17you
- 7:17can
- 7:17jump
- 7:17over.
- 7:18They're
- 7:18just
- 7:18hurdles.
- 7:19They're
- 7:19potential
- 7:19roadblocks.
- 7:20But
- 7:20if
- 7:20you
- 7:20know
- 7:20how
- 7:21to
- 7:21jump
- 7:21over
- 7:21those,
- 7:22if
- 7:22you
- 7:22know
- 7:22your
- 7:23options
- 7:23that
- 7:23are
- 7:23out
- 7:24there,
- 7:24you
- 7:25can
- 7:25jump
- 7:25over
- 7:25those
- 7:26hurdles.
- 7:27So
- 7:27what
- 7:27I
- 7:27love
- 7:27to
- 7:27do
- 7:27with
- 7:27all
- 7:28my
- 7:28students
- 7:28is
- 7:29I
- 7:29love
- 7:29to
- 7:29give
- 7:29them
- 7:29all
- 7:30the
- 7:30options
- 7:31out
- 7:31there.
- 7:31Now,
- 7:31when
- 7:32I
- 7:32talked
- 7:33about
- 7:33just
- 7:33a
- 7:33second
- 7:33ago,
- 7:34the
- 7:34key
- 7:34to
- 7:35getting
- 7:35financing,
- 7:36it's
- 7:36not
- 7:36one
- 7:36key
- 7:37like
- 7:37one
- 7:37type
- 7:38of.
- 7:38No,
- 7:38the
- 7:38key
- 7:38is
- 7:39creative
- 7:40financing
- 7:41where
- 7:42you
- 7:42have
- 7:42so
- 7:43many
- 7:43options.
- 7:43Now,
- 7:43think
- 7:44of
- 7:44it
- 7:44this
- 7:44way.
- 7:45Think
- 7:45of
- 7:45it
- 7:46as
- 7:46you
- 7:46have.
- 7:47Let's
- 7:47say
- 7:47you're
- 7:48a
- 7:48contractor
- 7:49and
- 7:49you
- 7:50have
- 7:50a
- 7:50tool
- 7:50belt
- 7:50with
- 7:51a
- 7:51bunch
- 7:51of
- 7:51tools
- 7:52in
- 7:52there.
- 7:53A
- 7:53hammer,
- 7:54let's
- 7:54say
- 7:54a
- 7:54screwdriver,
- 7:55a
- 7:56measuring
- 7:57tape,
- 7:57a
- 7:58chalk
- 7:58line,
- 7:59a
- 7:59pencil,
- 7:59all
- 8:00that
- 8:00sort
- 8:00of
- 8:00stuff.
- 8:00Let's
- 8:01say
- 8:01you
- 8:01have
- 8:01all
- 8:02these
- 8:02different
- 8:02types
- 8:02of
- 8:03tools
- 8:03in
- 8:03your
- 8:03tool
- 8:03belt.
- 8:04Well,
- 8:04not
- 8:05every
- 8:05single
- 8:05tool
- 8:06is
- 8:06going
- 8:07to
- 8:07fit
- 8:07every
- 8:08single
- 8:08problem
- 8:09or
- 8:09situation.
- 8:10So
- 8:10you're
- 8:11in
- 8:11hammer
- 8:11nails.
- 8:11So
- 8:12you
- 8:12need
- 8:12a
- 8:12hammer.
- 8:12You're
- 8:13not
- 8:13going
- 8:13to
- 8:13use
- 8:13a
- 8:13tape
- 8:14measure
- 8:14to
- 8:14hammer
- 8:14nails,
- 8:15or
- 8:15you're
- 8:16not
- 8:16going
- 8:16to
- 8:17try
- 8:17to
- 8:17use
- 8:18a,
- 8:18let's
- 8:19say
- 8:19a
- 8:19pencil
- 8:20in
- 8:20order
- 8:20to
- 8:20draw
- 8:21a
- 8:21straight
- 8:21line.
- 8:22That's
- 8:22going
- 8:22to
- 8:22be
- 8:22crazy
- 8:23line.
- 8:23You
- 8:23want
- 8:24a
- 8:24chalkbox.
- 8:24That's
- 8:25going
- 8:25to
- 8:25be
- 8:25up
- 8:25anyways.
- 8:25I'm
- 8:26getting
- 8:26two
- 8:26in
- 8:26the
- 8:26week.
- 8:27I
- 8:27did
- 8:27contractor
- 8:28work
- 8:28when
- 8:28I
- 8:28was
- 8:28in
- 8:28high
- 8:29school
- 8:29work
- 8:29for
- 8:29my
- 8:29dad.
- 8:29But
- 8:30anyways,
- 8:30so
- 8:31you
- 8:31have
- 8:31all
- 8:31these
- 8:31different
- 8:32types
- 8:32of
- 8:32tools
- 8:33in
- 8:33your
- 8:33tool
- 8:34belt
- 8:34that
- 8:35whatever
- 8:35job
- 8:36comes
- 8:36up
- 8:36that
- 8:36needs
- 8:37a
- 8:37specific
- 8:38tool,
- 8:38you
- 8:38grab
- 8:38out
- 8:39the
- 8:39right
- 8:40tool.
- 8:40Same
- 8:41thing
- 8:41with
- 8:41you
- 8:42thinking,
- 8:42I
- 8:42don't
- 8:43have
- 8:43enough
- 8:43money.
- 8:44Dustin
- 8:44I
- 8:44don't
- 8:44have
- 8:45enough
- 8:45money
- 8:45to
- 8:45invest
- 8:45in
- 8:46real
- 8:46estate.
- 8:47Well,
- 8:48honestly,
- 8:49I
- 8:49know
- 8:49of
- 8:49at
- 8:50least
- 8:5016,
- 8:51maybe
- 8:5217
- 8:52ways
- 8:53to
- 8:53get
- 8:53financing
- 8:55to
- 8:55invest
- 8:55in
- 8:55real
- 8:56estate.
- 8:56And
- 8:57this
- 8:57episode
- 8:57today,
- 8:58I'm
- 8:59going
- 8:59to
- 8:59unlock
- 8:59so
- 9:00many
- 9:00of
- 9:00them
- 9:01that
- 9:01hopefully
- 9:01your
- 9:01mind
- 9:02gets
- 9:02blown,
- 9:03that
- 9:03whatever
- 9:05comes
- 9:05your
- 9:05way,
- 9:06whatever
- 9:06deal
- 9:06comes
- 9:06your
- 9:06way,
- 9:07whatever
- 9:07you're
- 9:07looking
- 9:07to
- 9:07buy,
- 9:08trust
- 9:08me,
- 9:09there
- 9:09is
- 9:09a
- 9:10way
- 9:10around
- 9:11it.
- 9:11You
- 9:11just
- 9:12figure
- 9:12out
- 9:12what
- 9:12tool
- 9:13and
- 9:13when
- 9:13I
- 9:13give
- 9:13you
- 9:13all
- 9:13these
- 9:14different
- 9:1414,
- 9:14different
- 9:1515,
- 9:1516,
- 9:16however
- 9:16many
- 9:16different
- 9:16ways
- 9:17that
- 9:17I'm
- 9:17going
- 9:17to
- 9:17give
- 9:17you
- 9:17on
- 9:17this
- 9:18episode,
- 9:18just
- 9:18think
- 9:19of
- 9:19it
- 9:19as
- 9:19another
- 9:19tool
- 9:20that
- 9:20you're
- 9:20going
- 9:20to
- 9:20pull
- 9:20out
- 9:21of
- 9:21your
- 9:22toolbox
- 9:22or
- 9:23tool,
- 9:23sorry,
- 9:23tool
- 9:23bags,
- 9:24and
- 9:24use
- 9:25that
- 9:25to
- 9:26buy
- 9:26the
- 9:27property.
- 9:27Give
- 9:28you
- 9:28a
- 9:28quick
- 9:28example
- 9:29is
- 9:29a
- 9:30DSCR
- 9:31loan.
- 9:31A
- 9:32debt
- 9:32service
- 9:32coverage
- 9:33ratio
- 9:33loan
- 9:33is
- 9:33one
- 9:34of
- 9:34the
- 9:34best
- 9:34loans
- 9:35out
- 9:35there.
- 9:36It's
- 9:36a
- 9:36commercial
- 9:37loan
- 9:37with
- 9:38a
- 9:39conventional
- 9:39loan
- 9:40terms
- 9:40and
- 9:41you
- 9:42basically
- 9:42buy
- 9:42with
- 9:42a
- 9:43business
- 9:43loan,
- 9:43buy
- 9:43a
- 9:43property
- 9:44with
- 9:44a
- 9:44business
- 9:44loan.
- 9:45And
- 9:45it's
- 9:45not
- 9:45dependent
- 9:46on
- 9:46your
- 9:47credit.
- 9:47It's
- 9:48not
- 9:48dependent
- 9:48on
- 9:48your
- 9:48credit
- 9:49to
- 9:49help
- 9:49you
- 9:50to
- 9:50pay
- 9:51for.
- 9:51Like
- 9:51if
- 9:51you
- 9:51go
- 9:51and
- 9:52get
- 9:52a
- 9:52residential
- 9:53loan,
- 9:53Remember
- 9:54this
- 9:54is
- 9:54just
- 9:54one
- 9:54of
- 9:54one
- 9:55of
- 9:5514
- 9:55or
- 9:5614,
- 9:5615
- 9:56different
- 9:56ways
- 9:57that
- 9:57I'm
- 9:57going
- 9:57to
- 9:57give
- 9:57you
- 9:57in
- 9:57just
- 9:57a
- 9:57second
- 9:57or
- 9:58as
- 9:58I'm
- 9:58going
- 9:58through
- 9:58this
- 9:59episode.
- 9:59So
- 9:59when
- 10:00you
- 10:00get
- 10:00a
- 10:00residential
- 10:01loan,
- 10:01which
- 10:01is
- 10:02one
- 10:02of
- 10:02the
- 10:0214
- 10:02ways.
- 10:03Yeah,
- 10:03for
- 10:03sure,
- 10:04you
- 10:04have
- 10:04to
- 10:05prove
- 10:05to
- 10:05the
- 10:06bank
- 10:06that
- 10:07your
- 10:08income
- 10:08from
- 10:09your
- 10:09job
- 10:09will
- 10:10pay
- 10:10for
- 10:10that
- 10:10loan.
- 10:11Like
- 10:11if
- 10:11you
- 10:11get
- 10:11a
- 10:11house
- 10:12to
- 10:12live
- 10:12in,
- 10:12a
- 10:12primary
- 10:12residence,
- 10:13you
- 10:13have
- 10:13to
- 10:14go
- 10:14through
- 10:15all
- 10:15that
- 10:15underwriting
- 10:16process
- 10:16is
- 10:17what
- 10:17it's
- 10:17called,
- 10:17where
- 10:18they
- 10:18verify
- 10:18that
- 10:18you
- 10:18have
- 10:19the
- 10:19income
- 10:19to
- 10:19be
- 10:19able
- 10:19to
- 10:19pay
- 10:20the
- 10:20mortgage.
- 10:20Well,
- 10:21a
- 10:21DSCR
- 10:22loan,
- 10:22a
- 10:22debt
- 10:22service
- 10:22coverage
- 10:23ratio
- 10:23loan,
- 10:24I
- 10:24say
- 10:24it
- 10:24really
- 10:24fast.
- 10:25D
- 10:25SCR
- 10:27loan,
- 10:28it
- 10:28basically
- 10:28doesn't.
- 10:29Not
- 10:29basically,
- 10:29it
- 10:30just
- 10:30doesn't
- 10:30look
- 10:30at
- 10:30your
- 10:31income.
- 10:32It
- 10:32doesn't
- 10:32look
- 10:32at
- 10:32your
- 10:32income,
- 10:33see
- 10:33if
- 10:33you
- 10:34will
- 10:34pay
- 10:34back
- 10:34this
- 10:34loan.
- 10:35It
- 10:35looks
- 10:36at
- 10:36your
- 10:37business,
- 10:37the
- 10:38property
- 10:38that
- 10:38you're
- 10:39buying,
- 10:39is
- 10:40that
- 10:40going
- 10:40to
- 10:41pay
- 10:41back
- 10:41the
- 10:41loan
- 10:41and
- 10:42make
- 10:42you
- 10:42money?
- 10:42Is
- 10:42it
- 10:43a
- 10:43good
- 10:43investment
- 10:43that
- 10:44these
- 10:44loans,
- 10:44I
- 10:44wish
- 10:45they
- 10:45were
- 10:45around.
- 10:45Back
- 10:46in
- 10:462006,
- 10:46when
- 10:47I
- 10:47first
- 10:47started
- 10:47investing,
- 10:48there
- 10:48was
- 10:48no
- 10:48such
- 10:48thing
- 10:49as
- 10:49this.
- 10:49Now
- 10:50you
- 10:50have
- 10:51this
- 10:51loan
- 10:52that
- 10:5280%
- 10:53of
- 10:53the
- 10:53value
- 10:54of
- 10:54the
- 10:54home
- 10:55you
- 10:55can
- 10:55borrow.
- 10:57And
- 10:57it's
- 10:58not
- 10:58hitting
- 10:58your
- 10:59credit,
- 10:59it
- 10:59doesn't
- 11:00affect
- 11:00your
- 11:00credit.
- 11:01Like,
- 11:01you
- 11:01know,
- 11:02your
- 11:02personal
- 11:02credit.
- 11:02If
- 11:02you
- 11:03go
- 11:03buy
- 11:03another
- 11:03house
- 11:03or
- 11:04get
- 11:04a
- 11:04credit
- 11:04card
- 11:04and
- 11:04they'll
- 11:05look
- 11:05at
- 11:05your
- 11:05personal
- 11:05credit,
- 11:06it's
- 11:06not
- 11:06even
- 11:06on
- 11:07your
- 11:07personal
- 11:07credit.
- 11:08So
- 11:09this
- 11:09is
- 11:09one
- 11:10huge,
- 11:10amazing
- 11:11option.
- 11:11And
- 11:11I'm
- 11:12gonna
- 11:12get
- 11:12into
- 11:12so
- 11:13many
- 11:13more
- 11:13options
- 11:14and
- 11:14on
- 11:14top
- 11:15of
- 11:15all
- 11:16ways,
- 11:16and
- 11:16I'm
- 11:16gonna
- 11:16get
- 11:16to,
- 11:16in
- 11:16just
- 11:16a
- 11:17second,
- 11:17all
- 11:17these
- 11:17funding
- 11:18options.
- 11:18There
- 11:19are
- 11:19so
- 11:19many
- 11:20great
- 11:20companies
- 11:20that
- 11:21I've
- 11:21worked
- 11:21with.
- 11:21In
- 11:21fact,
- 11:22there
- 11:22are
- 11:22lots
- 11:22of
- 11:23terrible
- 11:23companies
- 11:23that
- 11:24I've
- 11:24worked
- 11:24with
- 11:25that
- 11:25I
- 11:25do
- 11:26not
- 11:26tell
- 11:26my
- 11:27students
- 11:27about.
- 11:27I
- 11:27don't,
- 11:27I
- 11:28don't
- 11:28even,
- 11:28I
- 11:28don't
- 11:28even
- 11:29put
- 11:29them
- 11:29on
- 11:29their
- 11:29radar.
- 11:29What
- 11:30I
- 11:30do
- 11:30is
- 11:30I
- 11:30tell
- 11:30them,
- 11:31hey,
- 11:31this
- 11:31is
- 11:31a
- 11:31great
- 11:32company.
- 11:32You
- 11:33absolutely
- 11:33should.
- 11:33I.
- 11:33I
- 11:34work
- 11:34with
- 11:34them.
- 11:34This
- 11:34is
- 11:34where
- 11:34I
- 11:35get
- 11:35my
- 11:35money.
- 11:35Now
- 11:35if
- 11:36something
- 11:36changes,
- 11:36I'll
- 11:36tell
- 11:36them,
- 11:37hey,
- 11:37I'm
- 11:37not
- 11:37using
- 11:38them
- 11:38anymore
- 11:38because
- 11:38of
- 11:39X,
- 11:39Y
- 11:39and
- 11:39Z.
- 11:39There
- 11:39was
- 11:39a
- 11:40problem
- 11:40here
- 11:40or
- 11:40there.
- 11:41So
- 11:42that's
- 11:42what
- 11:42I
- 11:42love
- 11:42to
- 11:43do,
- 11:43is
- 11:43I
- 11:43love
- 11:43to
- 11:43give
- 11:43you
- 11:44all
- 11:44the
- 11:44options.
- 11:44Basically,
- 11:45you
- 11:45know,
- 11:45I'm
- 11:46an
- 11:46investor.
- 11:46I
- 11:46invest
- 11:47in
- 11:47real
- 11:47estate.
- 11:47And
- 11:47here
- 11:48I
- 11:48am
- 11:48just
- 11:48giving
- 11:49you
- 11:50my,
- 11:50like
- 11:50what
- 11:51I
- 11:51am
- 11:51doing
- 11:51in
- 11:51my
- 11:52investing.
- 11:52Same
- 11:53thing
- 11:53when
- 11:53it
- 11:53comes
- 11:53to
- 11:54my
- 11:54conference
- 11:55that
- 11:55I
- 11:55put
- 11:55on
- 11:55the
- 11:55Income
- 11:56building
- 11:56live
- 11:57conference.
- 11:57It's
- 11:58March
- 11:5819th
- 11:59through
- 12:00the
- 12:0021st
- 12:01in
- 12:01Nashville.
- 12:02Hanging
- 12:02out
- 12:02with
- 12:03me
- 12:03in
- 12:03Nashville.
- 12:04I.
- 12:04This
- 12:04is
- 12:05my
- 12:05personal
- 12:05invitation
- 12:05to
- 12:05you.
- 12:06I
- 12:07want
- 12:07to
- 12:07hang
- 12:07out
- 12:07with
- 12:07you
- 12:08for
- 12:08three
- 12:09days
- 12:09and
- 12:09give
- 12:10you
- 12:10as
- 12:10much
- 12:11education,
- 12:12encouragement
- 12:13and
- 12:13networking
- 12:14and
- 12:14experts
- 12:15all
- 12:15around
- 12:16you
- 12:17so
- 12:17that
- 12:17you
- 12:17can
- 12:18successfully
- 12:19invest
- 12:19in
- 12:19real
- 12:19estate.
- 12:20Go
- 12:20to
- 12:20incomebuildinglive.
- 12:21Com.
- 12:22The
- 12:22link
- 12:22will
- 12:23be
- 12:23in
- 12:23Description.
- 12:23If
- 12:23you
- 12:24use
- 12:24a
- 12:24promo
- 12:24code,
- 12:24Dustin,
- 12:25I'll
- 12:25give
- 12:25you
- 12:2610%
- 12:26off
- 12:27of
- 12:27your
- 12:27pass.
- 12:28You
- 12:28need
- 12:28to
- 12:28be
- 12:28here.
- 12:28Like,
- 12:29trust
- 12:29me,
- 12:302017
- 12:31is
- 12:31when
- 12:31I
- 12:31first
- 12:31started
- 12:31going
- 12:32to
- 12:32conferences.
- 12:32I
- 12:33started
- 12:33going
- 12:33to
- 12:33conferences
- 12:34for
- 12:34my
- 12:35investing
- 12:35business,
- 12:35for
- 12:36my
- 12:36online
- 12:36business.
- 12:37And
- 12:37that
- 12:38has
- 12:38skyrocketed.
- 12:39All
- 12:39like,
- 12:40look
- 12:40at
- 12:40you.
- 12:41I
- 12:41don't
- 12:41really
- 12:42tell
- 12:42you
- 12:42exactly
- 12:42everything
- 12:42that
- 12:43I
- 12:43have,
- 12:43like,
- 12:44business
- 12:44wise
- 12:44and
- 12:45businesses
- 12:45wise,
- 12:46because
- 12:46I'm
- 12:46just
- 12:46here
- 12:47to
- 12:47focus
- 12:47on
- 12:47you.
- 12:48But
- 12:48I'm
- 12:48just
- 12:48gonna
- 12:49say,
- 12:49because
- 12:50I've
- 12:50gone
- 12:51to
- 12:51conferences,
- 12:51because
- 12:51I've
- 12:52gotten
- 12:52around
- 12:52people
- 12:53who
- 12:54are
- 12:54doing
- 12:54bigger
- 12:54and
- 12:54better
- 12:55things
- 12:55than
- 12:55I
- 12:56have
- 12:56ever
- 12:56done.
- 12:57It
- 12:57helps
- 12:58me
- 12:58to
- 12:59learn,
- 12:59number
- 12:59one,
- 13:00number
- 13:00two,
- 13:00to
- 13:00reach
- 13:01for
- 13:01and.
- 13:01But
- 13:01number
- 13:02three,
- 13:03to
- 13:03realize
- 13:03that
- 13:03that's
- 13:04actually
- 13:04a
- 13:04thing
- 13:05that's
- 13:05possible
- 13:05for
- 13:06me
- 13:06to
- 13:06do.
- 13:06I
- 13:06never
- 13:06thought
- 13:07I
- 13:07would
- 13:07be
- 13:07buying
- 13:07a
- 13:08thousand
- 13:08units,
- 13:09apartment
- 13:09units.
- 13:09I
- 13:10never
- 13:10thought
- 13:10I
- 13:10would.
- 13:11But
- 13:11here
- 13:11I
- 13:11am
- 13:11now.
- 13:12Thousand
- 13:12plus
- 13:12units
- 13:13in
- 13:13my,
- 13:14in
- 13:14my
- 13:14portfolio
- 13:15because
- 13:15I've
- 13:16gone
- 13:16to
- 13:16conferences.
- 13:17So
- 13:17you
- 13:17need
- 13:18to
- 13:18come
- 13:18hang
- 13:18out
- 13:19with
- 13:19me.
- 13:19Grab
- 13:19me
- 13:20on
- 13:20the
- 13:20hallway,
- 13:20say,
- 13:20hey,
- 13:20Dustin,
- 13:21I
- 13:21don't
- 13:21know
- 13:21anybody.
- 13:21I
- 13:21was
- 13:21like,
- 13:21shoot,
- 13:22shoot,
- 13:22you
- 13:22know
- 13:22me.
- 13:23Let's
- 13:23go.
- 13:23Meet
- 13:23people.
- 13:24I
- 13:24want
- 13:24you
- 13:24to
- 13:25be
- 13:25at
- 13:25Income
- 13:25Building,
- 13:25live
- 13:26here
- 13:26in
- 13:26Nashville.
- 13:26It's
- 13:27gonna
- 13:27be
- 13:27amazing.
- 13:27March
- 13:2719th
- 13:28through
- 13:28the
- 13:2821st.
- 13:29Get
- 13:29your
- 13:30tickets
- 13:30incomebuildinglive.com
- 13:32and
- 13:32use
- 13:33a
- 13:33promo
- 13:33code.
- 13:33Dustin
- 13:34and
- 13:34I'll
- 13:34know
- 13:34you
- 13:34come
- 13:34from
- 13:34my
- 13:35podcast.
- 13:35This
- 13:35is
- 13:35the
- 13:35only
- 13:36place
- 13:36I
- 13:36share
- 13:36it
- 13:37and
- 13:37reach
- 13:37out
- 13:37to
- 13:38me
- 13:38on
- 13:38Instagram.
- 13:38But
- 13:39there
- 13:39are
- 13:39so
- 13:39many
- 13:40amazing
- 13:40ways,
- 13:41like,
- 13:41if
- 13:41you
- 13:41think
- 13:41money
- 13:42is
- 13:42your
- 13:42problem
- 13:43to
- 13:43investing
- 13:44in
- 13:44real
- 13:44estate,
- 13:44get
- 13:45that
- 13:45out
- 13:45of
- 13:45your
- 13:45head.
- 13:45Because
- 13:46this
- 13:46episode
- 13:46on
- 13:46top
- 13:47of
- 13:47the
- 13:47DSCR
- 13:47just
- 13:48that
- 13:48I
- 13:48just
- 13:48gave
- 13:48you
- 13:48just
- 13:48now,
- 13:49I'm
- 13:49going
- 13:49to
- 13:49give
- 13:49you
- 13:50so
- 13:50many
- 13:51more
- 13:51that
- 13:51it's
- 13:52going
- 13:52to
- 13:52blow
- 13:52your
- 13:52mind.
- 13:53And
- 13:53then
- 13:53you're
- 13:53going
- 13:53to
- 13:53realize,
- 13:54oh,
- 13:54my
- 13:54goodness,
- 13:55money's
- 13:55not
- 13:55the
- 13:55problem.
- 13:56Money
- 13:56is
- 13:57not
- 13:57my
- 13:57obstacle.
- 13:58Dustin's
- 13:58already
- 13:59blown
- 13:59that
- 13:59out
- 13:59of
- 14:00the
- 14:00water
- 14:00and
- 14:00I
- 14:00want
- 14:00to
- 14:01pause
- 14:01for
- 14:01a
- 14:01quick
- 14:01second
- 14:02and
- 14:02share
- 14:02that.
- 14:02Honestly,
- 14:03I
- 14:04really
- 14:04want
- 14:04you
- 14:05to
- 14:05invest
- 14:05in
- 14:05real
- 14:05estate.
- 14:06Now.
- 14:06My
- 14:06new
- 14:06goal
- 14:07is
- 14:07to
- 14:07help
- 14:071
- 14:08million
- 14:08people
- 14:08invest
- 14:09in
- 14:09real
- 14:09estate.
- 14:09So
- 14:09two
- 14:10things
- 14:10I
- 14:10would
- 14:10ask
- 14:10from
- 14:10you.
- 14:11Number
- 14:11one,
- 14:11if
- 14:11you
- 14:11get
- 14:11anything
- 14:12out
- 14:12of
- 14:12this
- 14:12episode,
- 14:12please
- 14:13share
- 14:13it
- 14:13with
- 14:13somebody
- 14:13else.
- 14:14Just
- 14:14say,
- 14:14hey,
- 14:14you
- 14:15know,
- 14:15check
- 14:15out
- 14:15Dustin
- 14:15Master
- 14:16Passive
- 14:16Income.
- 14:16He
- 14:16really
- 14:17wants
- 14:17to
- 14:17help
- 14:17a
- 14:17million
- 14:17people
- 14:18to
- 14:18invest
- 14:18in
- 14:18real
- 14:18estate.
- 14:19That's
- 14:19number
- 14:19one.
- 14:19Number
- 14:20two,
- 14:20I
- 14:20want
- 14:20to
- 14:20get
- 14:20you
- 14:21to
- 14:21invest
- 14:21in
- 14:21real
- 14:22estate.
- 14:22Get
- 14:23my
- 14:23real
- 14:23estate
- 14:23investing
- 14:24course
- 14:24absolutely
- 14:25for
- 14:25free.
- 14:25Text
- 14:25the
- 14:25word
- 14:26rental
- 14:26R
- 14:27E
- 14:27N
- 14:27T
- 14:28A
- 14:28L
- 14:29233777
- 14:30rental
- 14:32to
- 14:3233777.
- 14:33I'll
- 14:33literally
- 14:33give
- 14:34you
- 14:34my
- 14:34course,
- 14:34show
- 14:34you
- 14:34how
- 14:34to
- 14:34find
- 14:35an
- 14:35area
- 14:35of
- 14:35the
- 14:35country
- 14:35to
- 14:35invest,
- 14:36how
- 14:36to
- 14:36build
- 14:37the
- 14:37business
- 14:37first.
- 14:37You
- 14:37know,
- 14:38I
- 14:38always
- 14:38talk
- 14:38about
- 14:38that
- 14:39and
- 14:39how
- 14:39to
- 14:39find
- 14:39the
- 14:40right
- 14:40properties,
- 14:40how
- 14:41to
- 14:41make
- 14:41sure
- 14:41you're
- 14:41getting
- 14:41experts
- 14:42do
- 14:42the
- 14:42work
- 14:42for
- 14:42you
- 14:43and
- 14:43scale
- 14:43the
- 14:43business
- 14:44to
- 14:44where
- 14:44you're
- 14:44making
- 14:44$250
- 14:45or
- 14:45more
- 14:45in
- 14:46passive
- 14:46income.
- 14:46Scale
- 14:47it
- 14:47to
- 14:47quit
- 14:47your
- 14:47job.
- 14:48I'll
- 14:48literally
- 14:48get
- 14:49to
- 14:49you.
- 14:49Or
- 14:49go
- 14:49to
- 14:49masterpassiveincome.com
- 14:51freecourse.
- 14:52Obviously
- 14:53it'll
- 14:53be
- 14:53in
- 14:53the
- 14:53description,
- 14:54but
- 14:54I
- 14:54really,
- 14:55really
- 14:55want
- 14:56you
- 14:56to
- 14:56invest
- 14:57in
- 14:57real
- 14:57estate
- 14:57because
- 14:57the
- 14:57more
- 14:58that
- 14:58actual
- 14:59normal,
- 15:00everyday
- 15:00people
- 15:00own
- 15:01real
- 15:01estate
- 15:01that
- 15:01are
- 15:01good
- 15:02landlords,
- 15:02the
- 15:02better
- 15:03everybody's
- 15:03life
- 15:04gets.
- 15:04Now,
- 15:04I
- 15:05do
- 15:05buy
- 15:05and
- 15:06hold
- 15:06where
- 15:06I
- 15:06have
- 15:06rental
- 15:07properties,
- 15:07but
- 15:07you
- 15:07can
- 15:08use
- 15:08this
- 15:08for
- 15:08flipping,
- 15:08for
- 15:09wholesaling.
- 15:09You
- 15:09could
- 15:09do
- 15:10everything
- 15:10in
- 15:11real
- 15:11estate
- 15:11with
- 15:12these
- 15:1212
- 15:12ways
- 15:13to
- 15:13fund
- 15:13your
- 15:14rental
- 15:14properties.
- 15:14I've
- 15:15used
- 15:15just
- 15:15about
- 15:15every
- 15:15single
- 15:16one
- 15:16of
- 15:16these
- 15:16ways
- 15:16and
- 15:16I
- 15:16want
- 15:16to
- 15:17show
- 15:17you
- 15:17how
- 15:17to
- 15:17do
- 15:17them.
- 15:17The
- 15:18biggest
- 15:18and
- 15:18best
- 15:18one
- 15:19that
- 15:19I've
- 15:20known
- 15:20by
- 15:20far
- 15:20and
- 15:20everybody's
- 15:21going
- 15:21to
- 15:21be
- 15:21like,
- 15:21oh
- 15:21yeah,
- 15:22no
- 15:22brainer,
- 15:22it's
- 15:23all
- 15:23cash.
- 15:24I
- 15:24love
- 15:24buying
- 15:25properties
- 15:25with
- 15:25all
- 15:25cash.
- 15:26And
- 15:26the
- 15:26reason
- 15:26why,
- 15:27and
- 15:27there
- 15:27are
- 15:27many
- 15:27different
- 15:27reason
- 15:28why.
- 15:28Number
- 15:28one,
- 15:29I
- 15:29can
- 15:29buy
- 15:29it
- 15:30faster,
- 15:30I
- 15:30can
- 15:31close
- 15:31faster,
- 15:31I
- 15:31don't
- 15:31have
- 15:31to
- 15:31worry
- 15:32about
- 15:32a
- 15:32bank.
- 15:32Number
- 15:32two,
- 15:33I
- 15:33get
- 15:33a
- 15:33better
- 15:33deal
- 15:34because
- 15:34sellers
- 15:35are
- 15:35realizing,
- 15:35hey,
- 15:35this
- 15:36guy
- 15:36has
- 15:36cash,
- 15:36let
- 15:36me
- 15:36go
- 15:37ahead
- 15:37and
- 15:37sell
- 15:37it
- 15:37to
- 15:37him.
- 15:38And
- 15:38number
- 15:38three,
- 15:39I
- 15:39don't
- 15:39have
- 15:39to
- 15:39worry
- 15:40about
- 15:40finding
- 15:40financing.
- 15:41It's
- 15:41all
- 15:41cash.
- 15:42But
- 15:42here's
- 15:42the
- 15:42great
- 15:43thing.
- 15:43You
- 15:43don't
- 15:43have
- 15:44to
- 15:44have
- 15:44your
- 15:44own
- 15:45personal
- 15:45cash.
- 15:45You
- 15:46can
- 15:46use
- 15:46other
- 15:46people's
- 15:47cash
- 15:47to,
- 15:47to
- 15:47buy
- 15:47properties
- 15:48and
- 15:48be
- 15:48able
- 15:49to
- 15:49utilize
- 15:49all
- 15:50this
- 15:50together
- 15:50and
- 15:51invest
- 15:51in
- 15:51real
- 15:51estate.
- 15:52So
- 15:52that's
- 15:52the
- 15:52first
- 15:53one,
- 15:53is
- 15:53all
- 15:53cash.
- 15:54Now
- 15:54it's
- 15:54going
- 15:54to
- 15:54take
- 15:54a
- 15:54little
- 15:54bit
- 15:54of
- 15:55time.
- 15:55You're
- 15:55going
- 15:55to
- 15:55save
- 15:55up
- 15:55your
- 15:55own
- 15:56cash.
- 15:56But
- 15:56you
- 15:56could
- 15:56also
- 15:56get
- 15:57other
- 15:57people
- 15:57and
- 15:57have
- 15:58other
- 15:58people's
- 15:58cash
- 15:58ready
- 15:59to
- 15:59go
- 15:59when
- 15:59you
- 16:00find
- 16:00that
- 16:00great
- 16:00deal.
- 16:01Now
- 16:01the
- 16:01next
- 16:01great
- 16:02one
- 16:02that
- 16:02everybody
- 16:03knows
- 16:03about
- 16:03is
- 16:03a
- 16:03conventional
- 16:04loan.
- 16:04Now
- 16:05normally
- 16:05when
- 16:05somebody
- 16:06buys
- 16:06a
- 16:06piece
- 16:06of
- 16:06real
- 16:06estate,
- 16:07what
- 16:07they
- 16:07do
- 16:07is
- 16:07they
- 16:08get
- 16:08a
- 16:08mortgage
- 16:08broker
- 16:09and
- 16:09they
- 16:09get
- 16:09a
- 16:09realtor
- 16:10and
- 16:10then
- 16:10they
- 16:10put
- 16:10them
- 16:10together
- 16:11and
- 16:11they
- 16:12buy
- 16:12a
- 16:12property.
- 16:12Like
- 16:12if
- 16:13you're
- 16:13going
- 16:13to
- 16:13buy
- 16:13a
- 16:13house
- 16:13for
- 16:13yourself,
- 16:14they,
- 16:14that's
- 16:14what
- 16:14you
- 16:15do.
- 16:15You
- 16:15get
- 16:15a
- 16:15mortgage
- 16:15broker
- 16:16and
- 16:16a
- 16:16realtor
- 16:16and
- 16:16you
- 16:16put
- 16:16them
- 16:17together
- 16:17and
- 16:17you
- 16:18buy
- 16:18a
- 16:18property.
- 16:18Well,
- 16:19conventional
- 16:19loans
- 16:19are
- 16:20absolutely
- 16:21fantastic.
- 16:21The
- 16:21reason
- 16:22why
- 16:22they're
- 16:22fantastic
- 16:23is
- 16:23they're
- 16:23fixed,
- 16:24the
- 16:24rate
- 16:24is
- 16:24fixed,
- 16:25how
- 16:25much
- 16:25you're
- 16:25getting,
- 16:26you're
- 16:26paying
- 16:26out
- 16:26of
- 16:27your
- 16:27pocket
- 16:27is
- 16:27fixed.
- 16:27And
- 16:28me
- 16:28as
- 16:28a
- 16:28buy
- 16:28and
- 16:29hold
- 16:29investor,
- 16:29I
- 16:30need
- 16:30to
- 16:30make
- 16:30sure
- 16:30my
- 16:31expenses
- 16:31are
- 16:32flat.
- 16:33Basically
- 16:33they're
- 16:33not
- 16:33going
- 16:33to
- 16:34keep
- 16:34growing
- 16:34over
- 16:34time.
- 16:35And
- 16:35so
- 16:35if
- 16:35I
- 16:36get
- 16:36a
- 16:36mortgage,
- 16:37a
- 16:3730
- 16:37year
- 16:37mortgage
- 16:38that
- 16:38I'm
- 16:38paying
- 16:38like
- 16:39$800
- 16:39a
- 16:39month
- 16:39on
- 16:40the
- 16:40mortgage
- 16:41and
- 16:41all
- 16:42the
- 16:42expenses
- 16:42included
- 16:43total
- 16:43up
- 16:44to
- 16:44like
- 16:44maybe
- 16:44like
- 16:44$1,100.
- 16:45But
- 16:46if
- 16:46I
- 16:46could
- 16:46rent
- 16:46it
- 16:46for
- 16:47$1,400,
- 16:47that's
- 16:48$300
- 16:48in
- 16:49passive
- 16:49income.
- 16:49And
- 16:50so
- 16:50a
- 16:50conventional
- 16:50loan
- 16:50is
- 16:51terrific
- 16:51because
- 16:52you
- 16:52have,
- 16:52you
- 16:53know
- 16:53exactly
- 16:53what
- 16:54your
- 16:54expenses
- 16:54are
- 16:54going
- 16:54to
- 16:54be
- 16:55every
- 16:55single
- 16:55month
- 16:55for
- 16:5530
- 16:56years.
- 16:56And
- 16:56a
- 16:56great
- 16:56thing
- 16:57about
- 16:57conventional
- 16:57loans
- 16:57with
- 16:58rental
- 16:58properties,
- 16:58your
- 16:59tenants
- 16:59are
- 16:59going
- 16:59to
- 16:59be
- 16:59paying
- 17:00off
- 17:00that
- 17:01mortgage.
- 17:01It's
- 17:01fantastic.
- 17:02Now
- 17:02conventional
- 17:03loans
- 17:03are
- 17:03great.
- 17:03So
- 17:04utilizing
- 17:04cash,
- 17:05utilizing
- 17:05conventional
- 17:06loans,
- 17:06those
- 17:06are
- 17:06just
- 17:07two,
- 17:07there's
- 17:07a
- 17:07bunch
- 17:07more.
- 17:08One
- 17:08type
- 17:08of
- 17:08financing
- 17:09that
- 17:09I
- 17:09absolutely
- 17:10adore,
- 17:10like
- 17:11I
- 17:11just,
- 17:11I
- 17:11love
- 17:12this
- 17:12type
- 17:12of
- 17:12financing,
- 17:13is
- 17:13delayed
- 17:14financing.
- 17:15Now,
- 17:15delayed
- 17:15financing,
- 17:16basically
- 17:16you
- 17:17need
- 17:17a
- 17:17Little
- 17:17bit
- 17:17of
- 17:17money
- 17:17upfront
- 17:18to
- 17:18buy
- 17:18the
- 17:18house,
- 17:19to
- 17:19purchase
- 17:19a
- 17:19house
- 17:19up
- 17:20front.
- 17:20And
- 17:20then
- 17:21once
- 17:21you
- 17:21buy
- 17:21the
- 17:21house,
- 17:22you
- 17:22fix
- 17:23it
- 17:23up,
- 17:23you
- 17:23rehab
- 17:24it,
- 17:24you
- 17:24get
- 17:24it
- 17:24worth
- 17:25more
- 17:25so
- 17:25you
- 17:25make
- 17:25the
- 17:26value
- 17:26of
- 17:26it
- 17:26go
- 17:26up
- 17:27higher.
- 17:27And
- 17:27then
- 17:28the
- 17:28delayed
- 17:28financing
- 17:29is
- 17:29when
- 17:29the
- 17:29bank,
- 17:30after
- 17:30you
- 17:30fix
- 17:31it
- 17:31up,
- 17:31they
- 17:31go
- 17:32in
- 17:32and
- 17:32get
- 17:32an
- 17:32appraisal
- 17:33and,
- 17:33and
- 17:33the
- 17:33after
- 17:33repair
- 17:34value.
- 17:34So
- 17:34once
- 17:34it's
- 17:35already
- 17:35repaired,
- 17:35they
- 17:36give
- 17:36you
- 17:36the
- 17:36loan
- 17:37on
- 17:37that
- 17:37higher
- 17:38amount.
- 17:38So
- 17:39you
- 17:39can
- 17:39even
- 17:39pull
- 17:39out
- 17:39your
- 17:40money
- 17:40and
- 17:41then
- 17:41some.
- 17:41Let's
- 17:41say
- 17:41you
- 17:42increase
- 17:42the
- 17:42value
- 17:42by
- 17:43rehabbing
- 17:43it
- 17:43or
- 17:43fixing
- 17:44it
- 17:44up
- 17:44by
- 17:45$50,000.
- 17:46You
- 17:46can
- 17:46effectively
- 17:47pull
- 17:47out
- 17:47cash
- 17:48after
- 17:48that
- 17:48property
- 17:49because
- 17:49you're
- 17:49getting
- 17:49it
- 17:50on
- 17:50the
- 17:50higher
- 17:50value,
- 17:51it
- 17:51doesn't
- 17:51matter
- 17:51how
- 17:51much
- 17:51you
- 17:52owe
- 17:52on
- 17:52it,
- 17:52you're
- 17:53getting
- 17:53out
- 17:53that
- 17:53higher
- 17:53value.
- 17:54So
- 17:54delayed
- 17:54financing
- 17:55in
- 17:55a
- 17:55quick
- 17:55way.
- 17:55And
- 17:56I
- 17:56have
- 17:56a
- 17:56whole
- 17:56nother
- 17:56video,
- 17:56all
- 17:57these
- 17:57actually
- 17:57all
- 17:58these
- 17:58ways
- 17:58to
- 17:58do
- 17:58financing
- 17:59and
- 17:59funding
- 17:59your
- 17:59rental
- 18:00properties.
- 18:00Check
- 18:00the
- 18:00description
- 18:01below.
- 18:01I
- 18:01have
- 18:01so
- 18:01many
- 18:01videos
- 18:02on
- 18:02how
- 18:02to
- 18:02do
- 18:02each
- 18:02one
- 18:03that
- 18:03this
- 18:03is
- 18:03a
- 18:03good
- 18:03overview
- 18:04so
- 18:04you
- 18:04can
- 18:05see
- 18:05which
- 18:05route
- 18:05you
- 18:05can
- 18:06go.
- 18:06Now
- 18:06delayed
- 18:06financing
- 18:07is
- 18:07a
- 18:07great
- 18:07way
- 18:08to
- 18:08get
- 18:09all
- 18:09of
- 18:09your
- 18:09rehab
- 18:09costs,
- 18:10everything
- 18:10already
- 18:11in
- 18:11there,
- 18:11and
- 18:11then
- 18:11do
- 18:12a
- 18:12cash
- 18:12out.
- 18:12Delayed
- 18:13financing
- 18:13is
- 18:13fantastic.
- 18:14So
- 18:14check
- 18:14below
- 18:15in
- 18:15the
- 18:15description
- 18:15to
- 18:16get
- 18:16that
- 18:16video.
- 18:16Talking
- 18:17specifically
- 18:17about
- 18:18delayed
- 18:18financing.
- 18:19Now
- 18:19I'm
- 18:19going
- 18:19to
- 18:19also
- 18:19give
- 18:20you
- 18:20a,
- 18:21a
- 18:21really
- 18:21advanced
- 18:22strategy.
- 18:23Now
- 18:23this
- 18:23is
- 18:23an
- 18:23advanced
- 18:24strategy
- 18:24that
- 18:24not
- 18:25every,
- 18:25I
- 18:25would
- 18:25not
- 18:25necessarily
- 18:26recommend
- 18:26this
- 18:27to
- 18:27everybody,
- 18:28but
- 18:28it's
- 18:28a
- 18:28fantastic
- 18:29strategy
- 18:29that
- 18:29I've
- 18:30used
- 18:30many
- 18:30times
- 18:30and
- 18:30my
- 18:31students
- 18:31have
- 18:31as
- 18:31well.
- 18:32I've
- 18:32used
- 18:32credit
- 18:33cards,
- 18:34no
- 18:34joke,
- 18:34literally
- 18:35credit
- 18:35cards.
- 18:35I
- 18:35have
- 18:35a
- 18:35credit
- 18:36card
- 18:36somewhere
- 18:36around
- 18:36here.
- 18:36There
- 18:37you
- 18:37go.
- 18:37I
- 18:37have
- 18:37my
- 18:37credit
- 18:38card
- 18:38right
- 18:38here.
- 18:38This
- 18:38is
- 18:39my
- 18:39credit
- 18:39card.
- 18:39I
- 18:39have
- 18:40my
- 18:40credit
- 18:40cards.
- 18:40I've
- 18:41literally
- 18:41used
- 18:41my
- 18:42credit
- 18:42cards
- 18:43to
- 18:43buy
- 18:44properties.
- 18:44And
- 18:45really
- 18:45what
- 18:45it
- 18:46comes
- 18:46down
- 18:46to
- 18:46is
- 18:46I
- 18:47had
- 18:47a
- 18:47cash
- 18:47advance.
- 18:48Basically
- 18:49they
- 18:49wanted
- 18:49me
- 18:49to
- 18:49start
- 18:50a
- 18:50whole
- 18:50brand
- 18:50new
- 18:50credit
- 18:50card
- 18:51and
- 18:51I
- 18:51get
- 18:51a
- 18:51cash
- 18:51advance
- 18:52for
- 18:52like
- 18:52$15,000
- 18:54and
- 18:54the
- 18:54interest
- 18:55rate
- 18:55is
- 18:55like
- 18:5601%
- 18:56or
- 18:57it's
- 18:57like
- 18:57so
- 18:58low,
- 18:58it's
- 18:58almost
- 18:58zero
- 18:59for
- 18:59the
- 18:59life
- 19:00of
- 19:01the
- 19:01balance
- 19:02of
- 19:02that
- 19:02loan.
- 19:02I
- 19:02said,
- 19:02you
- 19:03know
- 19:03what
- 19:03credit
- 19:03card,
- 19:03yes,
- 19:04that's
- 19:04a
- 19:04cheap
- 19:04mortgage.
- 19:05I'm
- 19:05definitely
- 19:05going
- 19:05to
- 19:06do
- 19:06that.
- 19:06So
- 19:06I
- 19:06pulled
- 19:06out
- 19:0714
- 19:07or
- 19:07$15,000,
- 19:08bought
- 19:08two
- 19:09different
- 19:09properties
- 19:09with
- 19:10those,
- 19:10that
- 19:11payment
- 19:11that
- 19:11I
- 19:11had
- 19:11to
- 19:11pay
- 19:12for
- 19:12that,
- 19:12that
- 19:13credit
- 19:13card,
- 19:13that
- 19:13loan
- 19:14was
- 19:14paid
- 19:15for
- 19:15by
- 19:15the
- 19:16tenants.
- 19:16I
- 19:16made
- 19:17sure
- 19:17that
- 19:17was
- 19:17a
- 19:17cost
- 19:17accounted
- 19:18for
- 19:18when
- 19:18I
- 19:19bought
- 19:19these
- 19:19rental
- 19:19properties.
- 19:20And
- 19:20with
- 19:20those
- 19:21properties,
- 19:21I
- 19:21made
- 19:21$250
- 19:22or
- 19:22more
- 19:23with
- 19:23paying
- 19:23the
- 19:23credit
- 19:24card,
- 19:24with
- 19:24paying
- 19:24the
- 19:24mortgages
- 19:25and
- 19:25paying
- 19:25the
- 19:25expenses.
- 19:26I
- 19:26made
- 19:26$250
- 19:27or
- 19:27more
- 19:28from
- 19:28each
- 19:28one
- 19:28of
- 19:29those
- 19:29properties.
- 19:29So
- 19:29that's
- 19:29$500
- 19:30a
- 19:31month
- 19:31in
- 19:31passive
- 19:31income
- 19:32with
- 19:32all
- 19:32the
- 19:32expenses
- 19:33paid
- 19:33for
- 19:33and
- 19:33the
- 19:34credit
- 19:34card
- 19:34paid
- 19:34for.
- 19:34Now,
- 19:35I
- 19:35did
- 19:35pay
- 19:35off
- 19:35that
- 19:35credit
- 19:35card
- 19:36because
- 19:36over
- 19:37the
- 19:37time
- 19:37it
- 19:37was
- 19:37like
- 19:38a
- 19:38five
- 19:39year
- 19:39loan
- 19:39that
- 19:40over
- 19:40the
- 19:40time
- 19:41of
- 19:41paying
- 19:42off
- 19:42the
- 19:42minimum,
- 19:43it
- 19:43eventually
- 19:43paid
- 19:43itself
- 19:44off
- 19:44and
- 19:44I
- 19:44had
- 19:44the
- 19:45property
- 19:45and
- 19:45I
- 19:45still,
- 19:46you
- 19:46know,
- 19:46didn't
- 19:46have
- 19:47the
- 19:47loan
- 19:47anymore.
- 19:47So
- 19:48credit
- 19:48cards
- 19:48are
- 19:48an
- 19:48advanced
- 19:49strategy.
- 19:49So
- 19:49be
- 19:49careful
- 19:50when
- 19:50you're
- 19:50using
- 19:50that.
- 19:50But
- 19:50that's
- 19:51a
- 19:51great
- 19:51way
- 19:51to
- 19:51get
- 19:51funding.
- 19:52And
- 19:52if
- 19:52you're
- 19:52getting
- 19:53started
- 19:53investing
- 19:54as
- 19:54a
- 19:54beginner,
- 19:55and
- 19:55the
- 19:55best
- 19:56way,
- 19:56the
- 19:56absolute
- 19:57best
- 19:57way
- 19:57to
- 19:57get
- 19:58funding
- 19:58is
- 19:59an
- 19:59FHA
- 20:00loan,
- 20:00a
- 20:01Federal
- 20:01Housing
- 20:01Administration
- 20:02loan.
- 20:02That
- 20:02is
- 20:02absolutely
- 20:03the
- 20:03best
- 20:03way
- 20:03to
- 20:03get
- 20:04started.
- 20:04And
- 20:04the
- 20:04reason
- 20:04why
- 20:05a
- 20:06Federal
- 20:06Housing
- 20:06Administration
- 20:07loan
- 20:07is
- 20:07if
- 20:07you're
- 20:08going
- 20:08to
- 20:08live
- 20:08in
- 20:08the
- 20:08house
- 20:08yourself
- 20:09for
- 20:09just
- 20:10a
- 20:10year,
- 20:11you
- 20:11only
- 20:11have
- 20:11to
- 20:12put
- 20:12down
- 20:123.5%.
- 20:14Imagine
- 20:153.5%
- 20:16out
- 20:16of
- 20:17your
- 20:17pocket,
- 20:17as
- 20:17opposed
- 20:17to
- 20:1820%.
- 20:18A
- 20:19normal
- 20:19conventional
- 20:19loan
- 20:19is
- 20:2010,
- 20:2015,
- 20:2015
- 20:20or
- 20:2120%
- 20:22down
- 20:22payment
- 20:23that
- 20:23you
- 20:23have
- 20:23to
- 20:23put
- 20:23down
- 20:23on
- 20:24a
- 20:24property.
- 20:24So
- 20:24if
- 20:24you're
- 20:24buying
- 20:25a
- 20:25$100,000
- 20:25house,
- 20:26you're
- 20:26gonna
- 20:26have
- 20:26to
- 20:26put
- 20:27down
- 20:27$20,000
- 20:28to
- 20:28buy
- 20:29a
- 20:29$100,000
- 20:29house
- 20:30with
- 20:30an
- 20:30FHA
- 20:31loan,
- 20:31it's
- 20:32$3,500.
- 20:33So
- 20:33three
- 20:33and
- 20:34a
- 20:34half
- 20:34percent
- 20:34of
- 20:35the
- 20:35purchase
- 20:35price
- 20:35is
- 20:35how
- 20:36much
- 20:36you're
- 20:36gonna
- 20:36have
- 20:36to
- 20:36pay.
- 20:37So
- 20:37it's
- 20:37gonna
- 20:37be
- 20:38so
- 20:38much
- 20:38dramatically
- 20:39less.
- 20:39Now,
- 20:40one
- 20:40caveat,
- 20:40like
- 20:41I
- 20:41said,
- 20:41is
- 20:42you
- 20:42have
- 20:42to
- 20:42live
- 20:42in
- 20:42the
- 20:42property
- 20:43for
- 20:43one
- 20:43year.
- 20:44Now,
- 20:44what's
- 20:44great
- 20:44is
- 20:45if
- 20:45you
- 20:45house
- 20:45hacked,
- 20:45and
- 20:45I
- 20:46have
- 20:46a
- 20:46whole
- 20:46other
- 20:46video
- 20:46on
- 20:46house
- 20:47hacking,
- 20:47check
- 20:47that
- 20:47one
- 20:47in
- 20:47the
- 20:47description
- 20:48below.
- 20:48If
- 20:48you
- 20:49house
- 20:49hacked,
- 20:49you
- 20:49can
- 20:50buy
- 20:50a
- 20:50duplex,
- 20:51live
- 20:51in
- 20:51the
- 20:51duplex,
- 20:52put
- 20:52three
- 20:53and
- 20:53a
- 20:53half
- 20:53percent
- 20:53down,
- 20:54have
- 20:54somebody
- 20:54else
- 20:55rent
- 20:55out
- 20:55the
- 20:55second
- 20:56portion,
- 20:56that
- 20:57other
- 20:57part
- 20:57of
- 20:57the
- 20:57duplex,
- 20:58they're
- 20:58paying
- 20:58the
- 20:58mortgage,
- 20:59you're
- 20:59living
- 20:59rent
- 21:00free.
- 21:00Now,
- 21:00here's
- 21:01a
- 21:01big
- 21:01pro
- 21:02tip
- 21:02for
- 21:02you.
- 21:02You
- 21:03can
- 21:03utilize
- 21:03this
- 21:04FHA
- 21:04loan
- 21:04over
- 21:05and
- 21:05over
- 21:05and
- 21:05over
- 21:05again.
- 21:06What
- 21:06you
- 21:06do
- 21:06is
- 21:06with
- 21:06that
- 21:07first
- 21:07house,
- 21:07that's
- 21:07FHA
- 21:08loan,
- 21:08hopefully
- 21:08it's
- 21:08a
- 21:08duplex.
- 21:09You
- 21:09refinance,
- 21:10get
- 21:11it
- 21:11out
- 21:11of
- 21:11that
- 21:12FHA
- 21:12loan,
- 21:13get
- 21:13it
- 21:13into
- 21:13a
- 21:13conventional
- 21:14loan,
- 21:14and
- 21:15now
- 21:15you
- 21:15have
- 21:15the
- 21:15ability
- 21:16to
- 21:16have
- 21:16another
- 21:17FHA
- 21:18loan
- 21:18ready
- 21:19to
- 21:19go.
- 21:19So
- 21:19you
- 21:20go
- 21:20and
- 21:20buy
- 21:20another
- 21:21property
- 21:21with
- 21:21that
- 21:21FHA
- 21:22loan,
- 21:22you
- 21:23live
- 21:23in
- 21:23this
- 21:23first
- 21:23one
- 21:24for
- 21:24a
- 21:24year.
- 21:24Refinance
- 21:25it,
- 21:25move
- 21:25out
- 21:26after
- 21:26the
- 21:26year,
- 21:26because
- 21:26that's,
- 21:27that's
- 21:27the
- 21:27criteria.
- 21:28And
- 21:28then
- 21:28you
- 21:28buy
- 21:29another
- 21:29house,
- 21:29another
- 21:30duplex,
- 21:30a
- 21:30triplex
- 21:31or
- 21:31fourplex.
- 21:32Five
- 21:32units
- 21:32above
- 21:32is
- 21:33a
- 21:33whole
- 21:33nother.
- 21:33You
- 21:34know,
- 21:34that's
- 21:34commercial
- 21:34loans.
- 21:34We're
- 21:35not
- 21:35going
- 21:35to
- 21:35go
- 21:35there.
- 21:35But
- 21:35if
- 21:36you
- 21:36did
- 21:36this,
- 21:36you
- 21:37can
- 21:37use
- 21:37FHA
- 21:38loan
- 21:38again
- 21:38and
- 21:39buy
- 21:39another
- 21:39property
- 21:40with
- 21:40an
- 21:40FHA
- 21:40loan.
- 21:41You
- 21:41can
- 21:41do
- 21:41this
- 21:41over
- 21:42and
- 21:42over
- 21:42and
- 21:42over
- 21:42again.
- 21:43FHA
- 21:43loans
- 21:43are
- 21:44fantastic,
- 21:44especially
- 21:44if
- 21:45you
- 21:45are
- 21:45getting
- 21:45started
- 21:45with
- 21:46very,
- 21:46very
- 21:46low
- 21:46money.
- 21:47This
- 21:47is
- 21:47the
- 21:47best
- 21:47way
- 21:47to
- 21:47go.
- 21:48Now
- 21:48I'm
- 21:48going
- 21:48to
- 21:48give
- 21:48you
- 21:48another
- 21:49advanced
- 21:50strategy,
- 21:50an
- 21:51advanced
- 21:51strategy
- 21:52that
- 21:52I'm
- 21:52going
- 21:52to
- 21:52give
- 21:52you
- 21:53a
- 21:53pro
- 21:53tip
- 21:53on
- 21:53how
- 21:53to
- 21:53get
- 21:54in
- 21:54and
- 21:54get
- 21:54out
- 21:55as
- 21:55fast
- 21:55as
- 21:55possible.
- 21:56But
- 21:56it's
- 21:57hard
- 21:57money.
- 21:58Hard
- 21:58money
- 21:58is
- 21:58a
- 21:59great
- 21:59way
- 22:00to
- 22:00get
- 22:00financing.
- 22:01Now
- 22:01what's
- 22:01great
- 22:01is
- 22:02usually
- 22:02I
- 22:02used
- 22:02to
- 22:03think
- 22:03it'd
- 22:03be
- 22:03like,
- 22:04you
- 22:04know,
- 22:04you
- 22:04go
- 22:04to
- 22:05the
- 22:05local
- 22:05mobster
- 22:06and
- 22:06a
- 22:06guy
- 22:06named
- 22:07Jimmy
- 22:07the
- 22:07Wolf
- 22:07will
- 22:07lend
- 22:07you
- 22:08some
- 22:08money.
- 22:08And
- 22:08if
- 22:08you
- 22:09don't
- 22:09pay
- 22:09him
- 22:09back,
- 22:09he'll
- 22:09cap
- 22:10you
- 22:10in
- 22:10the
- 22:10kneecaps.
- 22:10Well,
- 22:11that's
- 22:11not
- 22:11how
- 22:12hard
- 22:12money
- 22:12actually
- 22:12is.
- 22:13That's
- 22:13what
- 22:13I
- 22:13originally
- 22:13thought.
- 22:14I
- 22:14know
- 22:14it's
- 22:14what
- 22:14a
- 22:14lot
- 22:14of
- 22:14people
- 22:15think,
- 22:15but
- 22:15what
- 22:15hard
- 22:16money
- 22:16actually
- 22:16is,
- 22:16it's
- 22:17a
- 22:17company.
- 22:17It's
- 22:18basically
- 22:19a
- 22:19company
- 22:19that
- 22:20is
- 22:20going
- 22:20to
- 22:20lend
- 22:20their
- 22:20money
- 22:20like
- 22:21a
- 22:21bank,
- 22:22but
- 22:22they
- 22:22charge
- 22:22you
- 22:23more
- 22:23fees.
- 22:23They
- 22:23want
- 22:24to
- 22:24get
- 22:24their
- 22:24money
- 22:24in
- 22:25and
- 22:25out
- 22:25as
- 22:26fast
- 22:26as
- 22:26possible.
- 22:26So
- 22:27the
- 22:27trick
- 22:28is
- 22:28to
- 22:29get
- 22:29your
- 22:29money
- 22:29out
- 22:30of
- 22:30the
- 22:30hard
- 22:30money
- 22:30loan
- 22:31as
- 22:31fast
- 22:31as
- 22:31possible.
- 22:31Let's
- 22:32say
- 22:32you
- 22:32used
- 22:32a
- 22:32hard
- 22:32money
- 22:33loan
- 22:33to
- 22:33buy
- 22:33a
- 22:33property.
- 22:34You
- 22:34use
- 22:34that
- 22:35hard
- 22:35money
- 22:35loan,
- 22:35they
- 22:36want
- 22:36their
- 22:36money
- 22:36back
- 22:36as
- 22:37fast
- 22:37as
- 22:37possible.
- 22:37Six
- 22:38months
- 22:38to
- 22:38a
- 22:39year,
- 22:39maybe
- 22:39two
- 22:39years
- 22:40at
- 22:40very
- 22:40max.
- 22:41They
- 22:41charge
- 22:41you
- 22:41high
- 22:41fees
- 22:42and
- 22:42high
- 22:42points,
- 22:43but
- 22:44that's
- 22:44a
- 22:44way
- 22:45to
- 22:45get
- 22:45into
- 22:45the
- 22:45property
- 22:45with
- 22:46no
- 22:46money
- 22:46down.
- 22:46But
- 22:47here's
- 22:47the
- 22:47pro
- 22:47tip
- 22:48I
- 22:48want
- 22:48to
- 22:48give
- 22:48you.
- 22:48You
- 22:49want
- 22:49to
- 22:49make
- 22:49sure
- 22:50that
- 22:50you
- 22:50have
- 22:50a
- 22:50way
- 22:51to
- 22:51get
- 22:51out
- 22:51of
- 22:52that
- 22:52hard
- 22:53money
- 22:53loan
- 22:53with
- 22:54a
- 22:54conventional
- 22:54loan.
- 22:55So
- 22:55before
- 22:56you
- 22:56even
- 22:56try
- 22:57to
- 22:57get
- 22:57that
- 22:57hard
- 22:57money
- 22:58loan,
- 22:58you
- 22:58go
- 22:59to
- 22:59banks
- 22:59and
- 23:00mortgage
- 23:01companies,
- 23:01mortgage
- 23:01brokers,
- 23:01you
- 23:02say,
- 23:02I'm
- 23:02using
- 23:02a
- 23:02hard
- 23:03money
- 23:03loan.
- 23:03This
- 23:03is
- 23:04a
- 23:04big
- 23:04pro
- 23:04tip.
- 23:04So
- 23:04write
- 23:05this
- 23:05down.
- 23:05I'm
- 23:05using
- 23:05a
- 23:06hard
- 23:06money
- 23:06loan.
- 23:06I'm
- 23:06going
- 23:06to
- 23:07buy
- 23:07the
- 23:07property
- 23:07and
- 23:08then
- 23:08I
- 23:08want
- 23:08to
- 23:08refinance
- 23:09out
- 23:09of
- 23:09that
- 23:10hard
- 23:10money
- 23:10as
- 23:11like
- 23:11within
- 23:11a
- 23:12month
- 23:12or
- 23:12two
- 23:12months,
- 23:12I
- 23:13need
- 23:13to
- 23:13get
- 23:13out
- 23:13of
- 23:13that.
- 23:14You
- 23:14get
- 23:14that
- 23:15all
- 23:15locked
- 23:15in,
- 23:15you
- 23:15get
- 23:15all
- 23:16dialed
- 23:16in,
- 23:16you
- 23:16get
- 23:16the
- 23:16pre
- 23:17approval
- 23:17letter,
- 23:17you
- 23:17get
- 23:17all
- 23:18that
- 23:18stuff
- 23:18ready
- 23:18so
- 23:18that
- 23:18when
- 23:18you
- 23:19get
- 23:19the
- 23:19hard
- 23:19money
- 23:19loan,
- 23:20that
- 23:20utilizes
- 23:21you
- 23:21to
- 23:21get
- 23:21the
- 23:21property
- 23:22and
- 23:22then
- 23:22you
- 23:23refinance,
- 23:23because
- 23:24now
- 23:24you
- 23:24own
- 23:24it.
- 23:24You
- 23:25own
- 23:25that
- 23:25property,
- 23:25you
- 23:25can
- 23:25refinance,
- 23:26pull
- 23:26it
- 23:26out.
- 23:26So
- 23:27hard
- 23:27money
- 23:27loans
- 23:27are
- 23:27fantastic.
- 23:28Now
- 23:28it
- 23:28is
- 23:28an
- 23:28advanced
- 23:29strategy.
- 23:29All
- 23:29my
- 23:29students,
- 23:30I
- 23:30show
- 23:30them
- 23:30how
- 23:30to
- 23:30do
- 23:30that
- 23:31as
- 23:31well.
- 23:31So
- 23:32if
- 23:32you're
- 23:32interested
- 23:32in
- 23:33coaching,
- 23:33go
- 23:33to
- 23:33masterpassiveincome.com
- 23:34the
- 23:35link
- 23:35will
- 23:35be
- 23:35in
- 23:35the
- 23:35description
- 23:36as
- 23:36well.
- 23:36But
- 23:36hard
- 23:36money
- 23:37loans
- 23:37are
- 23:37fantastic
- 23:38ways
- 23:38to
- 23:38get
- 23:38real
- 23:38estate.
- 23:39Now
- 23:39here
- 23:39is
- 23:39another
- 23:40great.
- 23:41It's
- 23:42something
- 23:42people
- 23:43wouldn't
- 23:43even
- 23:43think
- 23:43about
- 23:43this,
- 23:44but
- 23:44let's
- 23:44say
- 23:44you
- 23:44needed
- 23:45cash
- 23:45to
- 23:45buy
- 23:46something.
- 23:46Well,
- 23:46you
- 23:46either
- 23:47work
- 23:47a
- 23:47job
- 23:47or
- 23:48you
- 23:48do
- 23:48something
- 23:48else
- 23:48to
- 23:48get
- 23:48creative,
- 23:49to
- 23:49find
- 23:50money.
- 23:51And
- 23:51I
- 23:51interviewed
- 23:52a
- 23:52great
- 23:52couple.
- 23:53They
- 23:53go
- 23:53to
- 23:53swap
- 23:54meets
- 23:54or
- 23:54they
- 23:54find
- 23:55things
- 23:55that
- 23:55people
- 23:56want
- 23:56to
- 23:56throw
- 23:56away.
- 23:57They
- 23:57fix
- 23:57it
- 23:57up
- 23:58and
- 23:58they
- 23:58sell
- 23:59it
- 23:59on
- 23:59ebay
- 23:59and
- 23:59Craigslist.
- 24:00So
- 24:00anyways,
- 24:01the
- 24:01next
- 24:01way
- 24:01you
- 24:02basically
- 24:02find
- 24:02ways
- 24:03to
- 24:03make
- 24:04more
- 24:04money.
- 24:05Now
- 24:05let
- 24:05me
- 24:05give
- 24:05you
- 24:05an
- 24:05example.
- 24:06So
- 24:06this
- 24:06couple
- 24:06that
- 24:07I
- 24:07interviewed
- 24:07on
- 24:07the
- 24:07Master
- 24:08Passive
- 24:08Income
- 24:08podcast,
- 24:09I
- 24:09interviewed
- 24:10them
- 24:10and
- 24:11the
- 24:11reason
- 24:11why
- 24:11is
- 24:11because
- 24:12they
- 24:12found
- 24:12a
- 24:12chair,
- 24:13an
- 24:13old
- 24:13chair,
- 24:13you
- 24:14know,
- 24:14they
- 24:14just
- 24:14maybe
- 24:15wiped
- 24:15it
- 24:15down.
- 24:15They
- 24:15found
- 24:16it
- 24:16on
- 24:16the
- 24:16side
- 24:16of
- 24:16the
- 24:16road,
- 24:16picked
- 24:17it
- 24:17up,
- 24:17took
- 24:17it
- 24:17home,
- 24:18wiped
- 24:18it
- 24:18down,
- 24:18cleaned
- 24:19it
- 24:19up,
- 24:19maybe,
- 24:19you
- 24:19know,
- 24:20wiped
- 24:20off
- 24:20all
- 24:20the,
- 24:20you
- 24:20know,
- 24:21food
- 24:21smudges
- 24:22and
- 24:22stuff
- 24:22like
- 24:22that.
- 24:23Then
- 24:23they
- 24:23sold
- 24:23it.
- 24:24I
- 24:24think
- 24:24they
- 24:24made
- 24:24like
- 24:24a
- 24:24couple
- 24:25hundred
- 24:25dollars
- 24:25on
- 24:25that
- 24:26chair.
- 24:26That's
- 24:27$200
- 24:27right
- 24:27then
- 24:28and
- 24:28there.
- 24:28But
- 24:28then
- 24:28they
- 24:29kept
- 24:29flipping
- 24:29that
- 24:29over
- 24:30and
- 24:30over
- 24:30and
- 24:30over
- 24:31again.
- 24:31And
- 24:31now
- 24:31they
- 24:32have
- 24:32$100,000
- 24:33in
- 24:33inventory
- 24:34and
- 24:34they're
- 24:34currently
- 24:34selling
- 24:35that
- 24:35off
- 24:35to
- 24:36have
- 24:36that
- 24:36money
- 24:36to
- 24:37buy
- 24:37an
- 24:37investment
- 24:38property.
- 24:39So
- 24:39they're
- 24:39going
- 24:39to
- 24:39have
- 24:40over
- 24:40$100,000
- 24:41in
- 24:41cash
- 24:42because
- 24:42they
- 24:42took
- 24:42a
- 24:42chair
- 24:43and
- 24:43flip
- 24:44that
- 24:44over
- 24:44and
- 24:44over
- 24:44again.
- 24:45It's
- 24:45called
- 24:45a
- 24:46flea
- 24:46market.
- 24:46Flipper
- 24:46is
- 24:47what
- 24:47is
- 24:47who
- 24:47they
- 24:47are.
- 24:47So
- 24:48check
- 24:48in
- 24:48the
- 24:48description
- 24:48for
- 24:48below.
- 24:49But
- 24:49that's
- 24:49a
- 24:49great
- 24:50way
- 24:50to
- 24:50make
- 24:50money.
- 24:50But
- 24:51you
- 24:51could
- 24:51also
- 24:51drive
- 24:52for
- 24:52Uber.
- 24:52You
- 24:53can
- 24:53do
- 24:53Uber
- 24:53eats,
- 24:53you
- 24:54can
- 24:55start
- 24:55whatever,
- 24:56you
- 24:56know,
- 24:56cut
- 24:56people's
- 24:57blondes.
- 24:57Finding
- 24:58more
- 24:58ways
- 24:58to
- 24:58make
- 24:58more
- 24:59money
- 24:59to
- 24:59save
- 25:00to
- 25:00buy
- 25:00that
- 25:00property
- 25:01is
- 25:01another
- 25:01great
- 25:01thing
- 25:02that
- 25:02you
- 25:02must
- 25:02do
- 25:03in
- 25:03your
- 25:03business.
- 25:04Now,
- 25:04of
- 25:04these
- 25:0412
- 25:05ways
- 25:05to
- 25:05get
- 25:05financing,
- 25:06I'm
- 25:06going
- 25:06to
- 25:06jump
- 25:06into
- 25:06the
- 25:06eighth
- 25:06way.
- 25:07The
- 25:07eighth
- 25:07way
- 25:07is
- 25:08to
- 25:08get
- 25:08private
- 25:09money
- 25:10loans.
- 25:10Private
- 25:11money
- 25:11loans
- 25:11are
- 25:11basically
- 25:12like
- 25:12friends
- 25:13and
- 25:13families
- 25:14or,
- 25:14you
- 25:14know,
- 25:15businesses
- 25:15that
- 25:15you
- 25:15may
- 25:16be
- 25:16frequent
- 25:16and
- 25:16you
- 25:16know,
- 25:17the
- 25:17owner
- 25:17and
- 25:17they
- 25:17may
- 25:18have
- 25:18a
- 25:18little
- 25:18bit
- 25:18of
- 25:18money.
- 25:18You
- 25:18say,
- 25:19hey,
- 25:19I'm
- 25:19an
- 25:20investor.
- 25:20I
- 25:20invest
- 25:21in
- 25:21real
- 25:21estate.
- 25:21I
- 25:22flip
- 25:22properties
- 25:23or
- 25:23I
- 25:24buy
- 25:24and
- 25:24hold
- 25:24properties.
- 25:25Would
- 25:25you
- 25:26like
- 25:26to
- 25:26loan
- 25:26me
- 25:27money?
- 25:27Would
- 25:27you
- 25:27like
- 25:27to
- 25:27be
- 25:27a
- 25:28part
- 25:28of
- 25:28the.
- 25:28Well,
- 25:28this.
- 25:28You
- 25:28don't
- 25:29just
- 25:29say,
- 25:29you
- 25:29know,
- 25:29can
- 25:29you
- 25:29give
- 25:29me
- 25:30money?
- 25:30You
- 25:30say,
- 25:31would
- 25:31I
- 25:31have
- 25:31an
- 25:31opportunity
- 25:32for
- 25:32you?
- 25:32Would
- 25:32you
- 25:32like
- 25:33to
- 25:33be
- 25:33a
- 25:33part
- 25:33of
- 25:33this
- 25:33opportunity?
- 25:34I
- 25:34would
- 25:34love
- 25:35to
- 25:35give
- 25:35you
- 25:35a
- 25:36great
- 25:36return
- 25:36on
- 25:37the
- 25:37money.
- 25:37So
- 25:37instead
- 25:37of
- 25:38putting
- 25:38your
- 25:38money
- 25:38in
- 25:38a
- 25:38savings
- 25:39account
- 25:39where
- 25:39you're
- 25:39getting
- 25:39like.01%,
- 25:41which
- 25:41is
- 25:41pennies,
- 25:42I
- 25:42can
- 25:43actually
- 25:43get
- 25:43you
- 25:446%
- 25:45return
- 25:45on
- 25:45your
- 25:46money
- 25:46or
- 25:468%,
- 25:46whatever
- 25:47you
- 25:47want
- 25:47to
- 25:47give.
- 25:48But
- 25:48you
- 25:48borrow
- 25:48money
- 25:49from
- 25:49friends,
- 25:50family
- 25:50members,
- 25:51acquaintances,
- 25:51business
- 25:52owners.
- 25:52You
- 25:52borrow
- 25:53money
- 25:53for
- 25:53them,
- 25:53you
- 25:53give
- 25:53them
- 25:54a
- 25:54promissory
- 25:54note.
- 25:55It's,
- 25:55you
- 25:55know,
- 25:55a
- 25:55contract
- 25:56written
- 25:56out
- 25:56and
- 25:57terms
- 25:57and
- 25:57everything.
- 25:58And
- 25:58you
- 25:58utilize
- 25:59their
- 25:59money.
- 25:59I
- 25:59have
- 26:00so
- 26:00many
- 26:00students
- 26:00utilizing
- 26:01friends
- 26:01and
- 26:01family
- 26:01members
- 26:02and
- 26:02businesses
- 26:02and
- 26:03utilizing
- 26:03their
- 26:04money
- 26:04to
- 26:04buy
- 26:04the
- 26:04property.
- 26:05It's
- 26:05great.
- 26:06So
- 26:06private
- 26:07money
- 26:07is
- 26:07not
- 26:07to
- 26:07be
- 26:07overlooked.
- 26:08And
- 26:08the
- 26:08best
- 26:08way
- 26:08to
- 26:09get
- 26:09private
- 26:10money
- 26:10is
- 26:10literally
- 26:11to
- 26:11tell
- 26:11everybody,
- 26:12you
- 26:12know,
- 26:12that
- 26:12you
- 26:13are
- 26:13now
- 26:13an
- 26:13investor.
- 26:14Say,
- 26:14hey,
- 26:15hey,
- 26:15my
- 26:15name
- 26:15is
- 26:15Dustin
- 26:16Heiner.
- 26:16I
- 26:17invest
- 26:17in
- 26:17real
- 26:17estate
- 26:17rental
- 26:18properties,
- 26:18or
- 26:18I
- 26:19invest
- 26:19in
- 26:19flip
- 26:19fix
- 26:20and
- 26:20flip
- 26:20properties.
- 26:20I
- 26:20invest
- 26:21in
- 26:21real
- 26:21estate.
- 26:22You're
- 26:22going
- 26:22to
- 26:22get
- 26:22a
- 26:22lot
- 26:23of
- 26:23people
- 26:23like,
- 26:23oh,
- 26:23really?
- 26:24You
- 26:24know,
- 26:24how
- 26:24do
- 26:24you
- 26:24do
- 26:24it?
- 26:25Okay,
- 26:25well,
- 26:25then
- 26:25you
- 26:26say,
- 26:26then
- 26:26that
- 26:26transitions.
- 26:27You
- 26:27tell
- 26:27them
- 26:27what
- 26:27you
- 26:27do
- 26:28transitions
- 26:28into,
- 26:29this
- 26:29is
- 26:29how
- 26:29I
- 26:29do
- 26:30it.
- 26:30And
- 26:30you
- 26:30know
- 26:30what?
- 26:30I
- 26:31might
- 26:31have
- 26:31an
- 26:31opportunity.
- 26:32If
- 26:32I
- 26:32ever
- 26:32have
- 26:32an
- 26:32opportunity,
- 26:33would
- 26:33you
- 26:33want
- 26:33to
- 26:34take
- 26:34part
- 26:34in
- 26:34it?
- 26:34A
- 26:35great
- 26:35way
- 26:35to
- 26:35get
- 26:35funding
- 26:36for
- 26:36your
- 26:36real
- 26:37estate
- 26:37investing.
- 26:37Now,
- 26:37the
- 26:38term
- 26:38portfolio
- 26:38loan,
- 26:39which
- 26:39is
- 26:39the
- 26:39ninth
- 26:40in
- 26:40all
- 26:40of
- 26:40the
- 26:40list
- 26:41of
- 26:4112
- 26:41different
- 26:41things
- 26:42ways
- 26:42to
- 26:42get
- 26:42financing.
- 26:43Portfolio
- 26:44loan
- 26:44is
- 26:44something
- 26:44that
- 26:45people,
- 26:45it's
- 26:45kind
- 26:45of
- 26:45like
- 26:46almost
- 26:46elusive.
- 26:47People
- 26:47like,
- 26:47well,
- 26:47what
- 26:47is
- 26:48a
- 26:48portfolio
- 26:48loan
- 26:48and
- 26:49where
- 26:49do
- 26:49I
- 26:49get
- 26:49them
- 26:49all?
- 26:50It
- 26:50basically
- 26:50boils
- 26:51down
- 26:51to
- 26:51is
- 26:52a
- 26:52normal
- 26:53loan,
- 26:53a
- 26:53conventional
- 26:53loan,
- 26:54you
- 26:54have
- 26:54a
- 26:54big
- 26:55bank,
- 26:55they
- 26:56lend
- 26:56the
- 26:56money
- 26:56and
- 26:56then
- 26:57they
- 26:57sell
- 26:57that
- 26:57to
- 26:58like
- 26:58Fannie
- 26:58Mae
- 26:58or
- 26:59Freddie
- 26:59Mac
- 26:59or
- 27:00sell
- 27:00that
- 27:00to
- 27:01the
- 27:01government,
- 27:02basically,
- 27:02and
- 27:03they
- 27:03are
- 27:03the
- 27:03ones
- 27:03that
- 27:04actually
- 27:04finance
- 27:04the
- 27:05property.
- 27:05Now
- 27:06what
- 27:06happens
- 27:06is
- 27:06a
- 27:07portfolio
- 27:07is
- 27:07not
- 27:08like
- 27:08that.
- 27:08Instead
- 27:08of
- 27:08selling
- 27:09off,
- 27:09the
- 27:09bank
- 27:10would
- 27:10actually
- 27:10hold
- 27:10it
- 27:11as
- 27:11their
- 27:11portfolio.
- 27:12It's
- 27:13their
- 27:13money
- 27:13that
- 27:13they're
- 27:14lending
- 27:14out,
- 27:14and
- 27:15it's
- 27:15in
- 27:16their
- 27:16portfolio
- 27:16of
- 27:16things
- 27:17that
- 27:17they
- 27:17lend
- 27:17to.
- 27:17Very,
- 27:18very
- 27:18simple
- 27:18way
- 27:18to
- 27:19explain
- 27:19it
- 27:19is
- 27:19it's
- 27:20a
- 27:20bank
- 27:20lending
- 27:20their
- 27:21own
- 27:21money.
- 27:21Now,
- 27:22to
- 27:22get
- 27:22a
- 27:22portfolio
- 27:23loan,
- 27:24it
- 27:24is
- 27:24super
- 27:25easy.
- 27:25It's
- 27:26people
- 27:26Think,
- 27:26oh,
- 27:26it's
- 27:27hard.
- 27:27How
- 27:27do
- 27:27you
- 27:27find
- 27:27them?
- 27:27You
- 27:28literally
- 27:28just
- 27:28call
- 27:28a
- 27:28bank
- 27:28after
- 27:29bank,
- 27:29hey,
- 27:29do
- 27:29you
- 27:29do
- 27:29portfolio
- 27:30loans?
- 27:30Hey,
- 27:30do
- 27:30you
- 27:30do
- 27:31portfolio?
- 27:31It's
- 27:31literally
- 27:32as
- 27:32easy
- 27:32as
- 27:32it
- 27:33is.
- 27:33And,
- 27:33and
- 27:33what's
- 27:33going
- 27:34to
- 27:34happen
- 27:34is
- 27:34you're
- 27:34going
- 27:34to
- 27:34get
- 27:34whoever
- 27:35the
- 27:35mortgage
- 27:35person
- 27:36is,
- 27:36say,
- 27:36well,
- 27:36what
- 27:37do
- 27:37you
- 27:37really
- 27:37need?
- 27:37Maybe
- 27:37I
- 27:37can
- 27:38help
- 27:38you
- 27:38out.
- 27:38Maybe
- 27:38you
- 27:38need
- 27:38a
- 27:38signature
- 27:39loan.
- 27:39This
- 27:39is
- 27:39one,
- 27:40this
- 27:40is
- 27:40a
- 27:40pro
- 27:40tip
- 27:41that
- 27:41I'm
- 27:41going
- 27:41to
- 27:41give
- 27:41you.
- 27:42That
- 27:42is
- 27:42not
- 27:42in
- 27:42this
- 27:43list.
- 27:43There's
- 27:43actually,
- 27:44I
- 27:44guess
- 27:44this
- 27:44would
- 27:44be
- 27:44number
- 27:4513.
- 27:45But
- 27:45a
- 27:45signature
- 27:46loan
- 27:46along
- 27:47with
- 27:47the
- 27:47portfolio
- 27:48loan,
- 27:48which
- 27:48is,
- 27:48you
- 27:48know,
- 27:49they're
- 27:49loaning
- 27:49on
- 27:49the
- 27:49property.
- 27:50If
- 27:50you
- 27:50just
- 27:51do
- 27:51a
- 27:51signature
- 27:52loan,
- 27:52which
- 27:52I
- 27:52have
- 27:52literally
- 27:53done,
- 27:53I
- 27:53go
- 27:53into
- 27:53a
- 27:53bank
- 27:53and
- 27:54say,
- 27:54my
- 27:54signature,
- 27:55basically
- 27:55use
- 27:55my
- 27:56Social
- 27:56Security
- 27:56card,
- 27:56my
- 27:57Social
- 27:57Security
- 27:57number,
- 27:58and
- 27:58it's
- 27:58a
- 27:58credit
- 27:59on
- 27:59me.
- 27:59You're
- 28:00not
- 28:00lending
- 28:00against
- 28:00the
- 28:00property,
- 28:01you're
- 28:01getting
- 28:02the.
- 28:02I
- 28:03am
- 28:03guaranteeing
- 28:04it
- 28:04as
- 28:04myself.
- 28:05So
- 28:05it's
- 28:05called
- 28:05a
- 28:06signature
- 28:06loan.
- 28:06So
- 28:07I
- 28:07guess
- 28:07that
- 28:07would
- 28:07be
- 28:08another
- 28:08one
- 28:09is
- 28:09a
- 28:09signature
- 28:10loan
- 28:10is
- 28:10fantastic
- 28:11for
- 28:11you
- 28:11because
- 28:11you
- 28:11basically
- 28:11go
- 28:11in
- 28:12the
- 28:12bank,
- 28:12say,
- 28:12I
- 28:12guarantee
- 28:13it.
- 28:13And
- 28:13then
- 28:13they
- 28:14will
- 28:14give
- 28:14you
- 28:14that
- 28:14money,
- 28:14whatever
- 28:15you
- 28:15qualify
- 28:15for
- 28:16and
- 28:16whatever
- 28:16they're
- 28:16willing
- 28:16to
- 28:17give
- 28:17you.
- 28:17Utilizing
- 28:18portfolio
- 28:18loans
- 28:19and
- 28:19signature
- 28:19loans
- 28:20are
- 28:20great
- 28:20ways
- 28:20to
- 28:20use.
- 28:21And
- 28:21I
- 28:21would
- 28:22personally
- 28:22suggest,
- 28:23go
- 28:23to
- 28:23regional
- 28:23banks
- 28:24or
- 28:24local
- 28:24banks
- 28:25or
- 28:25credit
- 28:26unions.
- 28:26Go
- 28:26to
- 28:26them
- 28:27first
- 28:27before
- 28:27you
- 28:27go,
- 28:28like
- 28:28the
- 28:28bank
- 28:28of
- 28:28the
- 28:28west
- 28:28or
- 28:29bank
- 28:29of
- 28:29America,
- 28:30Wells
- 28:30Fargo,
- 28:31big
- 28:31companies,
- 28:31you
- 28:32don't
- 28:32want
- 28:32to
- 28:32go
- 28:32there,
- 28:32in
- 28:32my
- 28:32opinion.
- 28:33Try
- 28:33to
- 28:33find
- 28:34the
- 28:34little
- 28:34companies.
- 28:34They're
- 28:35the
- 28:35ones
- 28:35that
- 28:35love
- 28:35giving
- 28:36out
- 28:36these
- 28:36little
- 28:36micro
- 28:37or
- 28:37small
- 28:37type
- 28:38loans.
- 28:38Now
- 28:38I'm
- 28:39going
- 28:39to
- 28:39have
- 28:39to
- 28:39say
- 28:39this
- 28:40is
- 28:40by
- 28:40far
- 28:40my
- 28:40favorite.
- 28:41I
- 28:41almost
- 28:41saved
- 28:41the
- 28:41best
- 28:42to
- 28:42last.
- 28:42But
- 28:43my
- 28:43by
- 28:43far
- 28:44my
- 28:44favorite
- 28:44way
- 28:44of
- 28:45getting
- 28:45financing
- 28:45is
- 28:46seller
- 28:47financing
- 28:48or
- 28:48owner
- 28:48financing.
- 28:49I
- 28:49absolutely
- 28:50love
- 28:50that.
- 28:50And
- 28:50I
- 28:50do
- 28:50have
- 28:50an
- 28:51entire
- 28:51video
- 28:52showing
- 28:52you
- 28:52how
- 28:52to
- 28:52find
- 28:52seller
- 28:53financing,
- 28:53how
- 28:53to
- 28:53utilize
- 28:54it.
- 28:54Check
- 28:54in
- 28:54the
- 28:55description
- 28:55for
- 28:55that
- 28:55video.
- 28:56But
- 28:56seller
- 28:57financing
- 28:57or
- 28:57owner
- 28:57financing
- 28:58is
- 28:58phenomenal.
- 28:59Basically,
- 29:00somebody
- 29:00owns
- 29:00a
- 29:00property,
- 29:01you
- 29:01find
- 29:01that
- 29:01seller
- 29:02they
- 29:02want
- 29:02to
- 29:02sell.
- 29:02You
- 29:03say,
- 29:03hey,
- 29:03instead
- 29:04of
- 29:04me
- 29:04just
- 29:04giving
- 29:04you
- 29:04cash
- 29:05up
- 29:05front
- 29:05or
- 29:05getting
- 29:05a
- 29:05loan,
- 29:06how
- 29:06about
- 29:06you
- 29:07become
- 29:07the
- 29:07bank?
- 29:07You
- 29:08know,
- 29:08banks
- 29:08make
- 29:08money
- 29:09by
- 29:09getting
- 29:09interest.
- 29:10How
- 29:10about
- 29:10I
- 29:10pay
- 29:11you
- 29:11that
- 29:11interest?
- 29:11So
- 29:11instead
- 29:12of
- 29:12paying
- 29:12$100,000
- 29:13to
- 29:13you
- 29:13right
- 29:13now
- 29:13for
- 29:14that
- 29:14house,
- 29:15over
- 29:15time
- 29:15it'll
- 29:16be
- 29:16180
- 29:16or
- 29:17$200,000
- 29:17if
- 29:18you
- 29:18carry
- 29:18that
- 29:18note.
- 29:19So
- 29:19with
- 29:19seller
- 29:19financing,
- 29:20you
- 29:20get
- 29:20the
- 29:20property,
- 29:21you
- 29:21don't
- 29:21have
- 29:21to
- 29:21go
- 29:21through
- 29:22the
- 29:22appraisal,
- 29:22you
- 29:22don't
- 29:22have
- 29:23to
- 29:23go
- 29:23through
- 29:23your
- 29:23background
- 29:24check.
- 29:24You
- 29:24don't
- 29:24have
- 29:24to
- 29:24do
- 29:25all
- 29:25that
- 29:25sort
- 29:25of,
- 29:25you
- 29:25know,
- 29:25like
- 29:25credit
- 29:26check
- 29:26and
- 29:26everything.
- 29:26You
- 29:27don't
- 29:27have
- 29:27to
- 29:27do
- 29:27that
- 29:27unless
- 29:28the
- 29:28seller
- 29:28really
- 29:28wants
- 29:29you
- 29:29to
- 29:29do
- 29:29that.
- 29:29But
- 29:30they
- 29:30can
- 29:30take
- 29:30back
- 29:30the
- 29:31property
- 29:31anytime
- 29:31if
- 29:31you
- 29:32stop
- 29:32making
- 29:32those
- 29:33payments.
- 29:33Not
- 29:33just
- 29:34for
- 29:34anything,
- 29:34if
- 29:34you
- 29:35stop
- 29:35making
- 29:35those
- 29:35payments,
- 29:35which
- 29:36is
- 29:36great
- 29:36because
- 29:36then
- 29:37you
- 29:37can
- 29:37refinance
- 29:37and
- 29:38pull
- 29:38that
- 29:38cash
- 29:38out,
- 29:38pay
- 29:39off
- 29:39the
- 29:39seller
- 29:40and
- 29:40own
- 29:40that
- 29:40property
- 29:41outright.
- 29:41Seller
- 29:41financing
- 29:42is
- 29:42amazing,
- 29:43or
- 29:43owner
- 29:43financing
- 29:44is
- 29:44absolutely
- 29:44amazing.
- 29:45You
- 29:45must
- 29:45do
- 29:45seller
- 29:46financing.
- 29:46And
- 29:47the
- 29:47next
- 29:47great
- 29:48way
- 29:48to
- 29:48get
- 29:48financing
- 29:49for
- 29:49your
- 29:50rental
- 29:50properties,
- 29:51for
- 29:51your
- 29:51real
- 29:51estate
- 29:52investing
- 29:52is
- 29:53with
- 29:53home
- 29:54equity.
- 29:54If
- 29:55you
- 29:55already
- 29:55own
- 29:56a
- 29:56home,
- 29:56if
- 29:56you
- 29:56have
- 29:56your
- 29:57own
- 29:57personal
- 29:57residence.
- 29:58And
- 29:58I've
- 29:58literally
- 29:58done
- 29:59this
- 29:59dozens
- 30:00of
- 30:00times.
- 30:00I've
- 30:00done
- 30:00this
- 30:01over
- 30:01and
- 30:01over
- 30:01again.
- 30:02I
- 30:02have
- 30:02equity
- 30:03in
- 30:03my
- 30:03properties.
- 30:03I
- 30:04cash
- 30:04out.
- 30:04I
- 30:05literally
- 30:05get
- 30:05a
- 30:05cash
- 30:05out
- 30:06refinance,
- 30:06refinance
- 30:07a
- 30:07property.
- 30:07I
- 30:08have,
- 30:08let's
- 30:09say
- 30:09$100,000
- 30:10in
- 30:10equity.
- 30:10I
- 30:10pull
- 30:11out
- 30:11that
- 30:11money
- 30:12and
- 30:12then
- 30:12buy
- 30:13more
- 30:13real
- 30:13estate
- 30:13with
- 30:14that
- 30:14equity.
- 30:15It's
- 30:15great
- 30:16because
- 30:16the
- 30:16equity
- 30:16is
- 30:17inside
- 30:17your
- 30:17house.
- 30:18Your
- 30:18house
- 30:18has
- 30:18that
- 30:19equity
- 30:19and
- 30:19the
- 30:20banks
- 30:20realize,
- 30:21hey,
- 30:21that
- 30:22house
- 30:22is
- 30:22worth
- 30:22more.
- 30:23Let's
- 30:23go
- 30:23ahead
- 30:23and
- 30:23lend
- 30:23more
- 30:24on
- 30:24that.
- 30:24Now.
- 30:24What's
- 30:25great,
- 30:25and
- 30:25here's
- 30:25a
- 30:25pro
- 30:26tip.
- 30:26Whatever
- 30:27price
- 30:27that
- 30:27you're
- 30:27going
- 30:28to
- 30:28be
- 30:28getting
- 30:28for
- 30:29the
- 30:29loan,
- 30:30you
- 30:30want
- 30:30to
- 30:31make
- 30:31sure
- 30:31that
- 30:31increase
- 30:32in
- 30:32the
- 30:32amount
- 30:33of
- 30:33payment
- 30:33for
- 30:34that
- 30:34loan
- 30:34is
- 30:35going
- 30:35to
- 30:35be
- 30:35covered
- 30:35by
- 30:36the
- 30:36properties
- 30:36that
- 30:36you're
- 30:37going
- 30:37to
- 30:37buy.
- 30:37Now
- 30:37we're
- 30:38not
- 30:38going
- 30:38to
- 30:38just
- 30:38cash
- 30:38out
- 30:38and
- 30:39go
- 30:39buy
- 30:39a
- 30:39Lamborghini
- 30:40or
- 30:40Ferrari
- 30:41or
- 30:41buy
- 30:41a
- 30:41new
- 30:41car
- 30:41because
- 30:41that's
- 30:42just
- 30:42going
- 30:42to
- 30:42be
- 30:42wasting
- 30:42that
- 30:42money.
- 30:43We're
- 30:43going
- 30:43to
- 30:44take
- 30:44that
- 30:44money
- 30:44out.
- 30:44We're
- 30:45going
- 30:45to
- 30:45buy
- 30:45a
- 30:45rental
- 30:46property
- 30:46that
- 30:46makes
- 30:46us
- 30:46$250
- 30:48or
- 30:48more
- 30:49every
- 30:49single
- 30:49month
- 30:49in
- 30:49passive
- 30:50income.
- 30:50And
- 30:50when
- 30:50we
- 30:50do
- 30:51that,
- 30:51we're
- 30:51going
- 30:52to
- 30:52also
- 30:52be
- 30:52covering
- 30:53the
- 30:53increase
- 30:54in
- 30:54our
- 30:54mortgage
- 30:54in
- 30:55whatever
- 30:55residence
- 30:55we
- 30:55have.
- 30:56And
- 30:56I've
- 30:56literally
- 30:56done
- 30:57this
- 30:57and
- 30:57I'm
- 30:57going
- 30:57to
- 30:57give
- 30:57you
- 30:57even
- 30:57an
- 30:58extra
- 30:58one.
- 30:58One
- 30:58just
- 30:58came
- 30:59to
- 30:59my
- 30:59mind
- 30:59right
- 30:59now
- 31:00is
- 31:00getting
- 31:01a
- 31:01bundle
- 31:01loan.
- 31:02A
- 31:02bundled
- 31:02loan
- 31:03is
- 31:03a
- 31:03fantastic
- 31:04way.
- 31:04Also
- 31:05think
- 31:05of
- 31:05a
- 31:05portfolio
- 31:06loan
- 31:06where
- 31:06the
- 31:06bank
- 31:07is
- 31:07actually
- 31:07lending
- 31:07their
- 31:08own
- 31:08money.
- 31:08A
- 31:08portfolio
- 31:09bundled
- 31:09loan
- 31:10is
- 31:10where
- 31:10the
- 31:10bank
- 31:10is
- 31:11bundling
- 31:11many
- 31:12properties
- 31:12together.
- 31:13I've
- 31:13done
- 31:13this
- 31:13where
- 31:13I've
- 31:14bundled
- 31:14like
- 31:14four
- 31:14or
- 31:14five
- 31:15properties
- 31:15altogether,
- 31:16got
- 31:16one
- 31:16loan,
- 31:17got
- 31:17appraisal
- 31:18for
- 31:18each
- 31:18property.
- 31:19But
- 31:19I
- 31:19got
- 31:19one
- 31:20loan,
- 31:20got
- 31:20one
- 31:20payment,
- 31:21got
- 31:21one
- 31:21everything.
- 31:21And
- 31:21I
- 31:22can
- 31:22even
- 31:22sell
- 31:22each
- 31:22one
- 31:23of
- 31:23those
- 31:23out
- 31:23individually
- 31:24and
- 31:24pay
- 31:24it
- 31:24off
- 31:25and
- 31:25I
- 31:25got
- 31:25a
- 31:26bundled
- 31:26loan.
- 31:27It's
- 31:27a
- 31:27commercial
- 31:27bundle
- 31:28loan.
- 31:28I
- 31:29get
- 31:29a
- 31:29decent
- 31:29interest
- 31:30rate
- 31:30that's
- 31:30pretty
- 31:30good.
- 31:30Not
- 31:31like
- 31:31as
- 31:31good
- 31:31as
- 31:31conventional
- 31:32loan.
- 31:32But
- 31:32a
- 31:32bundled
- 31:33loan
- 31:33is
- 31:33another
- 31:34fantastic
- 31:34way.
- 31:35So
- 31:35what
- 31:35you
- 31:35need
- 31:35to
- 31:36do
- 31:36to
- 31:36find
- 31:36a
- 31:37bundled
- 31:37loan
- 31:37is
- 31:38call
- 31:38up
- 31:38any
- 31:38bank
- 31:39and
- 31:39say,
- 31:39can
- 31:40I
- 31:40talk
- 31:40to
- 31:40your
- 31:40commercial
- 31:41lending
- 31:42department
- 31:42or
- 31:43whoever
- 31:43does
- 31:43the
- 31:43commercial
- 31:43lending?
- 31:44If
- 31:44they
- 31:45do
- 31:45commercial
- 31:45lending,
- 31:46more
- 31:46than
- 31:46likely
- 31:46they're
- 31:46going
- 31:46to
- 31:46do
- 31:46bundled
- 31:47loans.
- 31:48I've
- 31:48used
- 31:48other
- 31:48banks,
- 31:49many
- 31:49other
- 31:49banks,
- 31:49but
- 31:50you
- 31:50can
- 31:50absolutely
- 31:50find
- 31:50them.
- 31:51Just
- 31:51got
- 31:51to
- 31:51do
- 31:51your
- 31:51homework,
- 31:52start
- 31:52calling
- 31:52people.
- 31:52But
- 31:53a
- 31:53bundled
- 31:53loan
- 31:54is
- 31:54a
- 31:54fantastic
- 31:55way
- 31:55to
- 31:55actually
- 31:56get
- 31:56many,
- 31:57many
- 31:57things
- 31:57like
- 31:58utilizing
- 31:58your
- 31:58home
- 31:59equity
- 31:59to
- 31:59actually
- 32:00use
- 32:00that
- 32:00to
- 32:01buy
- 32:01more
- 32:01properties.
- 32:01And
- 32:02partnership
- 32:02loans
- 32:03is
- 32:03another
- 32:03great
- 32:04way
- 32:04to
- 32:04get
- 32:04financing.
- 32:05For
- 32:05a
- 32:06real
- 32:06estate
- 32:06investments.
- 32:07Partnership
- 32:07loans,
- 32:08where
- 32:08you're
- 32:08utilizing
- 32:08other
- 32:09people's
- 32:09money,
- 32:09you're
- 32:09also
- 32:10giving
- 32:10them
- 32:10a
- 32:10little
- 32:10bit
- 32:10of
- 32:10equity.
- 32:11Don't
- 32:11give
- 32:11them
- 32:11a
- 32:11lot.
- 32:12Like
- 32:12don't
- 32:12give
- 32:12them
- 32:12half
- 32:13because
- 32:13it's
- 32:13still
- 32:13a
- 32:13loan,
- 32:13you're
- 32:14still
- 32:14paying
- 32:14them
- 32:14back.
- 32:15But
- 32:15what
- 32:15you
- 32:16want
- 32:16to
- 32:16do
- 32:16is
- 32:16partner
- 32:16with
- 32:17somebody,
- 32:17have
- 32:17them
- 32:18bring
- 32:18the
- 32:18money,
- 32:18you
- 32:18give
- 32:18them
- 32:19a
- 32:19little
- 32:19bit
- 32:19of
- 32:19equity.
- 32:19You
- 32:20also
- 32:20give
- 32:20them
- 32:20that
- 32:20loan.
- 32:21They
- 32:21also
- 32:21make
- 32:21money,
- 32:22they
- 32:22also
- 32:22get
- 32:22part
- 32:22of
- 32:23the
- 32:23equity.
- 32:23It
- 32:23gives
- 32:23them
- 32:24more
- 32:24reasons
- 32:25why
- 32:25to
- 32:25invest
- 32:25with
- 32:25you.
- 32:26So
- 32:26that
- 32:26is
- 32:26all
- 32:27the
- 32:27now
- 32:2714
- 32:28different
- 32:28ways.
- 32:28It
- 32:28was
- 32:2812.
- 32:29That
- 32:29was
- 32:2914
- 32:29different
- 32:30ways
- 32:30to
- 32:31get
- 32:31funding.
- 32:31And
- 32:31that
- 32:32is
- 32:32it
- 32:32for
- 32:32today.
- 32:33Go
- 32:33ahead
- 32:33and
- 32:33get
- 32:33my
- 32:34free
- 32:34real
- 32:34estate
- 32:34investing
- 32:35course
- 32:35Textbook
- 32:35rental
- 32:36to
- 32:3633777.
- 32:38R
- 32:38E
- 32:38N
- 32:39T
- 32:39A
- 32:39L
- 32:39to
- 32:3933777.
- 32:41You
- 32:41can
- 32:42also
- 32:42join
- 32:42my
- 32:42real
- 32:43estate
- 32:43wealth
- 32:43builders
- 32:44group
- 32:44coaching.
- 32:44Get
- 32:45all
- 32:45my
- 32:45courses.
- 32:46All
- 32:46right,
- 32:46guys,
- 32:46we'll
- 32:47see
- 32:47you
- 32:47in
- 32:47the
- 32:47next
- 32:47show.
- 32:48See.