Chris Prefontaine, a real estate veteran with over 30 years in the industry and founder of Smart Real Estate Coach, shares invaluable insights on creative financing. He explains how to invest without banks, structure zero-interest seller financing deals, and navigate subject-to transactions. Chris discusses how the 2008 crisis reshaped his approach and highlights strategies like principal-only payments. Whether you're aiming for long-term rentals or avoiding traditional loans, his real-world examples offer a fresh perspective to thrive in any market cycle.
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volunteer_activism ADVICE
Strategies for Any Market
Target free-and-clear properties and those with existing low-interest loans.
Structure deals with principal-only payments and consider subject-to transactions.
question_answer ANECDOTE
Oceanfront Property Deal
A realtor couldn't sell her oceanfront property due to a personal situation.
Prefontaine bought it with seller financing, allowing her to stay while crediting principal.
volunteer_activism ADVICE
Hold Periods and Market Flexibility
Don't focus on 30-year terms; aim for shorter-term holds (2-8 years).
Leverage longer-term seller financing or subject-to deals for market flexibility.
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In this episode of the Tax Smart REI Podcast, Thomas Castelli and Ryan Carriere are joined by Chris Prefontaine, real estate veteran, founder of Smart Real Estate Coach, and leader of the Wicked Smart Community.
Chris brings over three decades of experience to the table and breaks down how to invest without banks, structure zero-interest seller financing deals, and navigate subject-to transactions with confidence. You'll also hear about:
- Why 2008 changed the way Chris does business forever
- How creative financing works in any market cycle
- The power of principal-only payments
- Real-world examples of building long-term wealth without traditional loans
Whether you're looking to grow your long-term rental portfolio, invest in short-term rentals, or just want to stop competing in the bank-financed rat race, this episode is packed with insights and strategy.
To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6
Subscribe to REI Daily & Enter to Win a FREE Strategy Call:
go.therealestatecpa.com/41JuQBX
Join the Tax Smart Insiders Community:
go.therealestatecpa.com/3Xx1Cpd
Check out Thomas's new YouTube channel: www.youtube.com/@thomascastelli
Free Resources from Chris:
Get his best-selling book FREE at wickedsmartbooks.com/TSI
Watch his free creative financing workshop: smartrealestatecoach.com/mastersclass
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