How to Build Financial Independence in a Property

If you're worried about putting 25% down, find a place that you can live in that you can also rent out which would be house hacking. If you chase cash flow, it takes a long time to build financial independence. You typically get a couple hundred bucks per unit for every good deal that you buy. Remember these higher interest rates have made it possible to get some of the best assets.

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Rising interest rates are being met with some negativity from investors. Deals don’t make sense anymore, cash flow is becoming almost extinct, and those who could qualify just a year ago are barely making the cut. How could mortgage rates almost doubling over the past year make buying real estate possible, let alone profitable in 2022? David Greene, veteran real estate investor, says that now is the time to buy!

Welcome back to another Episode of Seeing Greene, where David hits on some time-sensitive questions surrounding the world of real estate. We touch on private money lending, the housing market and interest rate updates, how to “gift” a down payment, real estate partnerships, goal setting, and who should stay away from house flipping. If you’re just starting your journey in real estate investing, this is the episode to listen to!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

Why rising interest rates make buying real estate even easier in 2022

How to ensure a private money lender feels protected in a deal

Real estate partnerships and the right way to gift a down payment

DSCR loans and other investor-only financing options you can use to scale your portfolio

Novice flipper tips and who should and shouldn’t be flipping homes

How to set bigger, better goals that allow you to accomplish your dreams at light speed

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership