Dropping Bombs

How To Buy Your First Investment Property Even If You're Broke

Jul 15, 2025
Toby Potter, a seasoned real estate investor and finance expert, shares critical insights on breaking into the investment property market. He emphasizes the power of mindset and discipline over credit scores. Strategies for evaluating deals and building strong banking relationships take center stage. Toby reveals the urgency of investing despite high interest rates, driven by rising property values and a housing shortage. He discusses tailored coaching programs designed to build confidence for potential investors, underscoring the importance of perseverance and community support.
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ANECDOTE

Experience Trumps Credit Scores

  • Toby Potter underwrote over 6,000 deals and funded over 3,700 in 10 years.
  • Experience matters more than credit scores when funding fix and flip deals.
ADVICE

Realtors Should Start Investing

  • Realtors should use their market knowledge to start investing instead of only selling.
  • Toby urges agents to overcome fear and leverage their neighborhood insights to invest.
INSIGHT

Maxing Credit Cards Hurts Credit

  • Maxing credit cards can lower credit scores even if paid off quickly.
  • This misuse causes credit to appear worse than actual financial management reflects.
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