When you get into financing of real estate, there are different ways that you can do deals,

and the more tools that you have in your toolbox, and the more fluently you can use them,

the better ability you'll have to do deals. And let's figure out five ways to do that.

Welcome to the podcast, Real Estate Investing with Coach Carson.

I'm your host, Chad Carson.

You can also call me Coach Carson.

And this is a show to help you get out of the financial grind by building a profitable and passive rental property business.

So if you're interested in that, you're in the right place.

Whether you're a brand new listener or a longtime listener, thank you for being back for another episode. The title of this episode is five uncommon tips

to buy a rental property with little cash. So if you've been listening to any of my content,

my podcast, my social media lately, you know that I've written a book called The Small and Mighty

Real Estate Investor. And a lot of the topics lately have been going deep into the lessons, the tips, the strategies within that book.

And today is no different. I want to focus more on the beginner investor, the starter investor,

or those of you who are kind of in this phase of just getting into growing your real estate wealth

building journey, but you've run out of cash. And either you don't have enough cash because you're just getting started and you're just working hard and expenses are high and you just have enough income. Or maybe you already bought a couple rental properties. You've already put all your money into those properties. And now here you are. You've got some knowledge. you've got some momentum, you have some team members,

relationships, you know how to find deals now, but you just don't have the money. So I want to encourage you and give you a little hope because if you're in that situation, it could be frustrating and you know you want to continue your growth phase and keep this thing going. And I've been there. I was also there as a new investor. I was also there a few years after I started trying to grow my rental property

business. So I want to share five tips that I have actually used. This isn't just theory, something somebody wrote about in a book. I did write about these in the book and I have a whole chapter on those of you who don't have enough cash to go even deeper on this topic so you can check out the book for even more details and examples. But I want to give you some practical ways to apply these today, even in 2003, because something that's really important as a real estate investor is keeping momentum going. You don't have to move super fast. It's okay to buy one deal a year, maybe two deals a year. And if you're really aggressive, you could buy more than that. But continuing your progress. Not having to sit on your hands for

the next two to three years waiting can actually be really beneficial because sometimes the market

changes, sometimes your energy changes, sometimes life changes. So being able to be creative,

and this is what I did early in my career when I didn't have enough capital, I just really focused on buying properties for a three, four year period and got really good at it, really focused on it. And I found the capital to do that, even if it wasn't my own capital, and I'll share where those strategies are. And then later on, you might move into a different phase. Maybe you take a break, don't buy as many properties. Maybe you move forward,

like I talked about in some of the prior episodes, and start paying off debt on some of your rental properties to try to live off them at some point. So it just depends on where you are in your journey. But I want to focus on those of you who are early in your journey right now. And let's figure out five ways to do that. The first tip I want to give you is something you might have heard of,

but it's my favorite, is my go-to. It's always the number one thing I recommend to new investors

...