Chris Seveney - The Deal That Changed My Life

Chris Seveney - The Deal That Changed My Life

In this episode of The Deal that Changed My Life, we welcome back Chris Seveney to dive into the deal that changed his life—and it's not what you might expect.

Chris walks us through the story of how building his own home jump-started his journey into real estate investing. From acting as his own GC to creating 50% equity on day one, this deal gave Chris the leverage to launch a full-scale investing career. Learn how a teardown in Northern Virginia turned into a cash-flowing opportunity and hear the hilarious and stressful moment when the bank froze funding after demolition had already started. 😅

In this episode:

🏡 How building his primary residence gave Chris access to serious capital 🔁 Using equity and a line of credit to build a BRRRR-style investing strategy 🚧 Lessons from acting as the general contractor 💸 Private money, 401k loans, and the "oops" moment with Wells Fargo 🏦 A glimpse into the strange and broken world of banking and lending

If you missed Chris's previous deep dive into performing vs. non-performing mortgage notes, be sure to check that one out too—it's packed with insight!

🔗 Connect with Chris: https://7einvestments.com/

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https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777