A lot of people want to get into real estate, and they spend their time researching whether wholesaling, or becoming a real estate agent, or doing creative financing where they can take over people's loans or do seller finance payments to the seller is the best way to build a rental portfolio. So there's three options for each deal: seller finance, wholesale, or retail, and there's a major secret of how to know how to structure each of the deals. And that's what we're going to break down in this episode is how to know when to use one of those three strategies. Key Talking Points of the Episode 00:00 Introduction 01:37 How did Zack come across the 3 ways to help sellers? 03:47 What did Zack learn from reading Multi-family Millions? 06:21 What should you be focused on when you’re investing in real estate? 08:03 How can you identify the best way to help sellers? 12:06 When should you wholesale or offer cash on a property? 15:26 How would you know if the situation calls for seller financing? 19:56 What factors can help you identify what strategy to use for a deal? 21:14 What do you need to be able to offer retail to sellers? 24:56 How can you tell if a seller would be better off with a retail offer? 26:14 Which of the 3 offers should you use more? Links Book: Multi-family Millions https://www.amazon.com/Multi-Family-Millions-Reposition-Apartments-Profits/dp/0470267607 Instagram: Zack Boothe https://www.instagram.com/zackboothe Website: Driving for Dollars Mastery https://dfdmastery.com/
A lot of people want to get into real estate, and they spend their time researching whether wholesaling, or becoming a real estate agent, or doing creative financing where they can take over people's loans or do seller finance payments to the seller is the best way to build a rental portfolio.
So there's three options for each deal: seller finance, wholesale, or retail, and there's a major secret of how to know how to structure each of the deals. And that's what we're going to break down in this episode is how to know when to use one of those three strategies.
Key Talking Points of the Episode
00:00 Introduction
01:37 How did Zack come across the 3 ways to help sellers?
03:47 What did Zack learn from reading Multi-family Millions?
06:21 What should you be focused on when you’re investing in real estate?
08:03 How can you identify the best way to help sellers?
12:06 When should you wholesale or offer cash on a property?
15:26 How would you know if the situation calls for seller financing?
19:56 What factors can help you identify what strategy to use for a deal?
21:14 What do you need to be able to offer retail to sellers?
24:56 How can you tell if a seller would be better off with a retail offer?
26:14 Which of the 3 offers should you use more?
Links
Book: Multi-family Millions
https://www.amazon.com/Multi-Family-Millions-Reposition-Apartments-Profits/dp/0470267607
Instagram: Zack Boothe
https://www.instagram.com/zackboothe
Website: Driving for Dollars Mastery
https://dfdmastery.com/