#102: How to a Buy Real Estate With Little Cash & No Credit Using Credit Partners
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 24 February 2020
⏱️ 54 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | It's always more fun. If you do all this work, buying a property, doing a credit partnership, |
| 0:04.8 | and getting to the finish line where you make a profit in this example, it's more fun when |
| 0:09.0 | everybody wins. That's the goal of a good business. |
| 0:15.9 | Welcome to the Real Estate and Financial Independence Podcast. I'm your host, Chad Carson. You can also call me coach. And this is a show all about real estate investing, financial independence, and doing more of what matters. Today's episode topic is credit partners. How to buy real estate with little cash and no credit. Now I know that |
| 0:39.9 | title sounds a little bit sensational, but I'm actually going to unpack a very specific |
| 0:44.5 | financing tool that helped me a lot. It was one of the several tools that I used when I first |
| 0:49.6 | started investing in real estate when I personally didn't have a lot of cash or any credit. And it was a way I was able to start buying properties, both properties to flip and also long-term rental properties. So I'm going to explain my story of using this tool called credit partners, how it worked for me and most importantly, how it can work for you. So I'm going to explain that. And I hope it's something that you can use, |
| 1:10.9 | whether you are a person who is brand new and is in a similar situation to what I was in, |
| 1:15.3 | or also for a lot of you who are more experienced, who hit a wall or you get stuck with |
| 1:19.9 | financing. Maybe you've hit your wall with your traditional financing options where they |
| 1:24.1 | limit you and say you can't get any more traditional loans or for whatever reason, if you get stuck with your financing, it's really important to have a bigger toolbox of financing options. And that's what I'm going to do today. I'm going to give you one specific tool and explain how to use it so that you can use it in your own real estate investing business. Before we dig into the main topic, I want to remind you to listen |
| 1:45.0 | all the way to the end of the episode. I'm going to continue a new feature where I spotlight |
| 1:49.1 | one of you, or actually several of you today, the podcast listeners, people who either left a review |
| 1:54.8 | or emailed me a success story. You can email that to podcast at coach carson.com. What I'm going to do with this, |
| 2:02.3 | this new spotlight is each week, if you submit a story or leave a review on like Apple |
| 2:07.5 | podcast or whatever your podcast player is, I will pick one randomly and I'm going to give away |
| 2:12.4 | a free Do What Matters T-shirt. And so that is the normal week-by-week feature of featuring |
| 2:17.4 | one of you. |
| 2:18.2 | This week was actually a little special because we had a contest to kind of kick-start this a couple weeks ago. And I offered to give away my book to three different people who did that. And we do have winners. And I'm going to announce them at the end of the episode. So keep on listening. I also want to remind you that this time of year is when my online course and community, |
| 2:35.5 | real estate start school, opens up. |
| 2:37.6 | It opens up on March the 16th. |
| 2:39.8 | So I'll let you know here on the podcast and also my email newsletter when it's open and |
... |
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