772: 5 Hidden Places to Find a Down Payment - Episode 772
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 9 September 2021
⏱️ 14 minutes
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Summary
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| 0:00.0 | I'm a long time real estate investor and on this channel we help you build financial |
| 0:09.8 | intelligence so you can build financial freedom and one of the ways that we do that, of course, |
| 0:13.6 | is through real estate investing. |
| 0:15.3 | And today on our show, I'll open it up for Q&A a little bit later, |
| 0:18.2 | but today I want to talk about a few different ways |
| 0:20.7 | to come up with a down payment that you might not have considered before. |
| 0:25.6 | This is going to be a really important way for you to move forward because a lot of people |
| 0:30.0 | don't know that they have some hidden funds or unique ways in which they can get that down payment. |
| 0:36.7 | For a lot of people I see that they always sort of hit this brick wall and they think, well, I just don't have the money. |
| 0:41.6 | Or I, but they, if we unlock these different ways they're blown away |
| 0:46.1 | about the hidden capital that they might have so welcome in everyone to the show we work with clients |
| 0:52.1 | from all different walks of life and while many have large |
| 0:55.8 | savings accounts to pull from you know I understand that's not the case for everyone |
| 1:00.4 | but just because you don't have cash reserves available doesn't mean that real estate investing is out of the question for you. |
| 1:07.0 | It just means you have to work a little harder to get that ball rolling. |
| 1:11.0 | So if you're looking to build your net worth through rental real estate, but you're not really sure how to get started, here are going to be five sneaky places that you might find a down payment. |
| 1:20.0 | So I want to go through these five, and then we'll open it up for some questions and answers here on the stream. |
| 1:25.4 | Number one, the number one way and number one sort of hidden sneaky way that a lot of people don't consider |
| 1:30.7 | because they think it's off limits. They think it's the holy grail of being |
| 1:34.3 | untouchable is that retirement account. You know, if you're currently employed, you can |
| 1:40.0 | take loans from your 401k, it's your money. And while some people might try to tell you |
| 1:46.1 | otherwise, there's nothing wrong with tapping into these funds to improve your financial |
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