How Much Out of Pocket Did You Have to Come to Refinance the Property?

Leo: The key lesson for me here was just to not just not be afraid of the deal. Even though the price tag is a lot higher than what I was used to. Just not not let indecision and fear hold me back from doing the deal. And this one's going to help out the family a lot along our financial journey. "I think everybody listening right now considers you a hero," suggests Suggestor.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Financial freedom in two years? How can that be possible with high interest rates and higher home prices? If you’re looking at what’s on the MLS as the only deals around, you could be missing out on buying properties that could fast-track your journey to early retirement. Taylor Wing, unlike most investors, didn’t go the conventional route when building his rental property portfolio. But, walking the road less traveled has paid off significantly, as he has already found financial freedom in less time than it takes most investors to buy their first property!

Taylor’s career trajectory was cut and dry from the start. After graduating from West Point, he entered the Army and knew exactly how rankings, raises, and benefits would work from the day he started until the day he retired. This rigidity didn’t sit well with an entrepreneurial-minded, soon-to-be investor like Taylor. After his first house hack, and a very successful BRRRR, Taylor went full-throttle on investing.

Now, just two years later, he has a portfolio of over thirty rental units, a Rolodex full of private money lenders, and teams in multiple states ready to help him grow. So what sets Taylor apart from the rest? Aside from his resilience, Taylor chose to take action once he had enough information, instead of falling victim to analysis paralysis. If you follow Taylor’s advice, you too could grow a portfolio as fast as he did!

In This Episode We Cover:

Taking action, pushing past fear, and refusing to be stuck in analysis paralysis

Direct-to-seller marketing and how to find off-market real estate deals

Creative financing strategies, the subject to method, and no money down deals

Defining your “buy box” and red flags when looking for a BRRRR or rental property

Building your real estate team and the most important hire you can have

How to create an actionable plan to reach financial freedom in only a few years

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership