The Importance of Listening Before You Pitch

Mike and I have done deals where we will just do a debt pay down play. We paid retail for the property and the balloon is such that by the time it's paid down, we will have enough equity to refinance it or sell it right away. You can sometimes in some cases, you can even pay more than value if you look at your debt terms. And then also think about your exit after this one doesn't run too long,. So on your exit, you can wholesale to a buy and hold wholesaler investor potentially depending on how much in there and what the terms are.

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