I began real estate investing right out of college with no cash or credit. I would have preferred to have both! But instead of doing nothing, I learned to buy real estate investments by being creative with financing and thinking outside of the box. One creative financing tool was using a private loan from another [Continue Reading]
Dave Ramsey Says Debt Is Dumb in Real Estate Investing. Is it True?
“To invest with debt or no debt.” That is the question. Some financial experts like Dave Ramsey suggest never borrowing money except to purchase a primary residence. Dave experienced first-hand the downside risks of debt when he went bankrupt in his 20s. He was actually a real estate investor, so his bad experience is extremely [Continue Reading]
How to Use Seller Financing (aka Owner Financing) to Buy Real Estate
2-Part Podcast Series Seller financing (aka owner financing) is a way to buy real estate without having to go to the bank. As a real estate investor, it has been an incredible tool for me to acquire rental and flip properties. I’ve often received better interest rates, lower down payments, less risky terms, and most [Continue Reading]
The Time We Paid Cash For a House 3 Days
One time my business partner and I paid cash for a house and bought it in 3 days! The deal was agreed to on a Wednesday, and we closed on that Friday. I’ve been marketing “I Buy Houses, Fast Cash” for years, but I have to admit this was a first. Our previous best was [Continue Reading]
How One Investor Earned Low-Risk, 12% Returns With Private Lending
Today I’m sharing a guest post by Dyches Boddiford about how to become a private money lender (aka hard money lender) in real estate. This is a real estate investing niche that I plan to do more of myself in the coming years. So, one of my selfish reasons for reaching out to Dyches was [Continue Reading]
Subject-to: A Simple & Profitable Explanation
This article is about buying investment properties subject-to an existing mortgage. Because this particular strategy is a little untraditional, I recommend watching my video to really get the concept. But first, if you want to review my previous articles in the creative financing series, here they are: 6 Reasons I Prefer Creative Financing to Bank [Continue Reading]