Deal Machine: A Real Estate Tool

This chapter discusses the features of Deal Machine, such as its AI assistant Alma and weekly live webinars. They also answer a listener's question about the first steps in real estate investing, focusing on the burr strategy and the importance of having financing lined up in a competitive market.

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Don’t have the capital OR credit to invest? Seller financing is a powerful tool that could allow you to score multiple real estate deals without ever going through a bank. The best part? You can create your own terms! You just need to put together an effective pitch that wins the seller over. Today, we’ll show you how!

Welcome to another Rookie Reply! In addition to seller financing, Ashley and Tony cover several CRUCIAL real estate topics in this episode—from critical first steps to take before investing to closing costs—who pays for what? Does paying cash make a difference? Stick around to find out! Off the back of their new book, Real Estate Partnerships, they also tackle a couple of partnership-related questions—when it makes sense to get a partner and how to structure an agreement where both sides are compensated!

If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).

In This Episode We Cover:

How to invest in real estate without capital OR credit

How to effectively pitch seller financing (and KEY terms to include!)

Three critical first steps to take before buying real estate

Buyer and seller responsibilities when it comes to closing costs

Accounting for sweat equity when setting up a partnership

How to structure a partnership agreement where both sides are fairly compensated

And So Much More!

Links from the Show

Find an Agent

Find a Lender

Ashley's BiggerPockets Profile