WIP 1337: Hard Truths - How Creative Financing Could Make or Break Your Deal!
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 7 November 2023
⏱️ 19 minutes
🧾️ Download transcript
Summary
In this episode, we dive deep into the world of creative financing with our guest, Carlos. Explore the strategies and pitfalls associated with unconventional financing methods and discover how they can be either a game-changer or a deal-breaker in your real estate transactions.
With real-world examples and expert analysis, this discussion is your guide to navigating the intricate landscape of creative financing and its critical role in the success of your deals!
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Show notes:
- (1:00) Beginning of today's episode
- (1:39) How to pitch land deals
- (3:35) How to analyze land properties
- (6:17) The best way to look for fast creative finance deals
- (7:21) Filtering out leads
- (8:49) Pulling out county data when offering creative or cash finance
- (10:22) Adding novations and creative finance to your arsenal
- (14:13) Trying to automate your business
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Resources:
- Propstream
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
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Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
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Transcript
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| 0:00.0 | You're listening to Wholesailing Inc episode number 1337. |
| 0:04.4 | This is why this is a numbers game if everybody's listening because we don't actually direct what the |
| 0:09.1 | Fis are doing and that's fine that's what we do but we're not directing it to a certain seller just like when |
| 0:14.7 | people do creative finance and they only do creative finance and they go filter just |
| 0:18.6 | for super distressed that right there they have a higher chance of getting deals done because they're pitching exactly to a person who might be open to it. |
| 0:27.0 | This is game-changing information, guaranteed to raise your real estate wholesaling business with actionable steps you can |
| 0:34.0 | take immediately to navigate the ins and outs of wholesaling and start making money |
| 0:38.6 | today. |
| 0:39.6 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success to enable you to duplicate their results. |
| 0:48.0 | You're listening to Wholesailing Inc. The only show dedicated to making you a fortune in wholesaling. |
| 0:56.0 | What's up guys? |
| 0:57.0 | What's going on, Garlos? |
| 0:59.0 | Not much. |
| 1:00.0 | How about yourself? |
| 1:01.0 | Good man, good. |
| 1:02.0 | Just trying to get some activity going here. |
| 1:05.0 | It's got off of a phone call here, figured out a pick your brain on something. |
| 1:09.5 | What you got going on? |
| 1:10.5 | So I talked to this guy. He has a property in Fort Worth but then he also has like almost like 50 empty lots all paid for |
| 1:19.7 | Oh nice. Yeah, I'm trying to or he yes, 22 lots, I think it is, yeah. |
| 1:24.5 | So yeah, I'm trying to figure, I've never done any type of like creative finance, any lot |
| 1:28.4 | deals, Sant' Land deals, things like that. So I told them obviously, I pitched him on the house for cash offer. |
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