206: Using Hard Money To Get Deals With A Small Budget

Brandon Schlichter, founder of InvestmentJoy, breaks down the techniques he uses to secure hard money and seller financing for real estate deals with minimal cash out of pocket. He shares practical strategies for finding and leveraging alternative financing options to maximize your purchasing power, whether you're just getting started or looking to scale your portfolio. Brandon also dives into the importance of building relationships with lenders and how persistence can help you close deals even when you're working with limited funds, offering valuable insights for both new and experienced investors.

KEY TALKING POINTS OF THE EPISODE

0:00 - Introduction

1:06 - A Call Brandon Received From A Frustrated Investor

3:19 - Breaking Down His Laundromat Deal & His Sales Process 

7:04 - How Seller Financing Can Work In Your Favor

9:09 - An Example of Utilizing Hard Money

 11:22 - How to Find Hard Money Lenders Using DealMachine's Data

14:25 - Closing Thoughts

LINKS

Instagram: InvestmentJoy

https://www.instagram.com/InvestmentJoy

Website: InvestmentJoy

https://www.investmentjoy.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/