Jan 12, 2021
Recession Proof Real Estate Investing Strategies
Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360
Summary:
With the pandemic outbreak, it has become extremely important to explore creative financing strategies if you wish to stay ahead of the curve.
Chris Prefontaine, our guest for today is the founder and CEO of Smart Real Estate Coach. He has authored the best-sellers, Real Estate on Your Terms and The New Rules of Real Estate Investing.
On today’s show, Chris shares his wisdom on creative real estate financing strategies, how to turn every deal into three paydays, and how-to leverage owner-financing to the hilt.
You will learn how he finds the right seller and the right deals, how he takes the properties off their hands, and how he puts it back on the market on rent.
We hope you enjoy this show!
Key Takeaways:
Quotes:
“You have a house that's worth $300K. You owe $250K. I'm going to put down on the lease purchase agreement, and then I'm going to rent to own it. That's the sandwich. So, I am between you and my tenant buyer”.
“There a type of deal where there’s only one payday, but it's a $1.4 million deal. The profit is 140 grand one time which he splits with the seller. So, you get two seventy grand check. That's not a bad check”.
“Why isn't everyone doing it? Because it's a business. And it takes time. And there is a learning curve. It takes mental strength. Right? And we teach as much about non-real estate stuff to our community as we teach real estate skill sets”.
Resources:
The New Rules of Real Estate Investing
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