I tried to get into real estate investing for a very long time, tried a bunch of different

strategies as we talked about, finally found the 203K.

But I remember still to this day, finishing the renovation, getting the inspection cleared

out, like getting the certificate of occupancy, and standing in the middle of the house,

smelling the new paint on the wall, smelling everything on the floor, and just being like,

why do more people not know about this?

Welcome to the podcast, Real Estate Investing with Coach Carson. I'm your host, Chad Carson. You can

also call me a coach. This is a show to help you get out of the

financial grind so you can do more of what matters. If you're a brand new listener or a long-time listener, welcome to the show. Today we are going to be talking about how to finance your fixer-upper properties. So whether you buy rental properties, which a lot of you are trying to do, either on the side or full time, or you're trying to fix up in flip houses.

Fixer uppers are a big part of the real estate investing business. I'm here today with Matt Porcaro, who is an expert in this subject, not only in flipping his own properties, he's bought multifamily properties he's moved into, he's done house hacking, He's flipped houses at sell, but he's also an

expert in the financing of fixer-uppers. And we're going to dive deep in that. So, Matt, welcome to the show. It's great to have you here. Thanks for having me on, Mr. Coach Carson. Good to be here. Awesome. Well, thank you. And I want to get into your story first. We're going to dig into the types of financing and all the details, but the story always tells us a little bit more about

the background.

Sure.

You first got... story first. We're going to dig into the types of financing and all the details, but the story

always tells us a little bit more about the background. So how did you first get into fixer

property? What was your kind of entry way to all this? Great question. So I grew up in the

construction business. So my dad's a general contractor had his own business. you know tough business also here in new york

and long island new york and growing up saw a lot of ups and downs um with you know with the market

pretty much his business was pretty uh dependent on what the market was doing right so anyway

long and short of it is growing up finances were very you know you know, known to me. Like basically, if I knew if my parents were making money, right? It was kind of like it was the basis of all stress in our house. And so growing up, you know, they told me, you know, you want to go to school, go to college, get a good degree and get a paycheck every week. Because for them having

their own business, you know, they didn't have that. It was a very volatile a lot of the time. So for

them, you know, grass is always greener type of thing. For them, it was getting a paycheck every

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