How A Brand New Wholesaler Got Paid $10,000 For Finding Me A Deal | Flipping Mastery Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 5 January 2025
⏱️ 27 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry is joined by Nick Disney to discuss all things real estate wraps.
Show notes -- in this episode we'll cover:
- Jerry discusses using private lenders and self-directed IRAs to fund deals, emphasizing interest-only payments for greater cash flow and scalability.
- He explains how wrap-around mortgages work, allowing investors to buy properties with private funds and sell them on owner financing, creating long-term cash flow.
- The conversation highlights the appeal of owner financing for self-employed individuals and communities who struggle with traditional lending due to credit or income reporting challenges.
- Jerry outlines the benefits of owner-financed notes, including predictable, scalable income without the operational responsibilities of traditional rentals.
- A potential upcoming Texas regulations impacting seller financing -- Jerry and Nick stress the importance of compliance and advocacy to preserve this investment strategy.
Please give us a rating and let us know how we are doing!
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☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. |
| 0:04.2 | Welcome to the Wholesale Hotline podcast and the flipping mastery breakout. |
| 0:08.0 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:17.8 | Just cut the YouTube, cut everything. |
| 0:20.2 | It's like, I just got to start making calls. |
| 0:22.6 | We're making this happen like, hopefully the numbers are good. |
| 0:27.6 | Yeah, an hour or two later, she's like, yep, they accepted the offer. |
| 0:32.6 | And I was just like, holy crap. |
| 0:34.6 | Zane, thank you for joining me on the Live Challenge. It's awesome to get to know you, talk to you. |
| 0:41.7 | And guys, leave in the comment here, Zane, you're a flipping genius because he's literally getting a $10,000 check. |
| 0:48.0 | You know, today or tomorrow, hopefully, is when we're going to close this deal. And Zane, yeah, this is exciting, right? |
| 0:53.5 | So, Zane, this is your first deal too right first deal yeah |
| 0:56.7 | in virtual this this deal is in charlotte and you are in utah correct man and i haven't heard the |
| 1:04.7 | full story yet about this whole deal but what we're going to do is we're going to share my screen we're |
| 1:08.5 | going to show some different things but zane why don't you first start out by telling us your start here? How long ago did you find out about real estate? And maybe how long ago did you start the program? Was this your first submission? Have you submitted other deals? Like maybe let's just start there with you and a little bit about your background. Yeah. |
| 1:30.2 | So like Jerry said, Zane Stevens. |
| 1:36.9 | First of all, I just wanted to thank Jerry and his team for like this opportunity. |
| 1:40.5 | Jerry, we did not talk about anything. |
| 1:41.7 | He didn't tell me to say anything. |
| 1:43.4 | It's like, this is legit. |
| 1:45.7 | Like, I mean, I don't know how to say anything. It's like, this is legit. Like, I mean, |
| 1:51.3 | I don't know how to say it, but just like with this deal that we just got, there was some things that, you know, some rough patches in it. But like Jerry's team, super supportive. They've |
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