Finding and funding real estate deals are the two biggest obstacles new investors face today. Are these skills preventing you from building your portfolio? You’re in luck. Today’s expert will show you how to find, analyze, and finance deals like the smartest investors do!
Welcome back to the Real Estate Rookie podcast! Henry Washington is not only a big-time investor with well over 100 doors but also a fellow podcast host and new author here at BiggerPockets. In anticipation of his upcoming book, Real Estate Deal Maker, he joins the show to discuss the common challenges of finding and funding deals. Henry is bringing you expert tips for all situations, whether you’re trying to pin down your sourcing strategy or find creative ways to buy rental properties.
In this episode, Henry will not only explain why finding a rental property is FAR more important than funding it but also share his most effective strategy for sourcing GREAT deals. He also walks you through an initial call with a seller, where you’ll learn how to build trust and present seller financing as a win-win for both sides!
In This Episode We Cover
The two biggest obstacles new investors face (and how to solve them!)
Why finding a deal is FAR more important than funding a deal
How to choose the right strategy for sourcing deals
Seller financing explained and how to build trust with sellers
What you MUST find out about a property during an initial call
How to use seller motivation to help you land a GREAT deal
And So Much More!
(00:00) Intro
(00:59) How to FIND Deals
(08:51) Henry’s Go-To Sourcing Strategy
(13:49) What Makes a “Great” Deal?
(20:17) The Motivation to Sell
(24:20) Building Trust with Sellers
(27:48) How to FUND Deals
(34:26) Seller Financing 101
(38:16) Connect with Henry!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-416
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