From Fix and Flip to Multi-Deal Success with Ashley Abbott

In this episode of the Get Creative podcast, Ashley Abbott shares his journey from a fix and flip to leveraging the proceeds into multiple other deals using creative finance strategies. From negotiating deals to structuring seller financing, Ashley's story is a testament to the power of strategic thinking in real estate investment.

Highlights:

"I could not comprehend that you can go get a property with a three or 4% interest rate, just take over the note payments and not put any money, little or no money down."

"Now I have 33 doors, and 19 of those came from sub-two deals, just sitting back."

"So, especially doing the burrs, I've actually been doing less burrs. When the interest rates on DSCRs have gone up to around 8, 8.5% even at times, I decided that there's just not much cash flow. I shouldn't be leaving my money in these deals."

Timestamps:

00:00 - Introduction: From Fix and Flip to Multi-Deal Success
00:28 - Discovering a Diamond in the Rough: The Triplex Opportunity
01:23 - Negotiating a Deal: From $300,000 to $215,000
02:20 - Transforming Units: Maximizing Rental Potential
03:16 - Strategic Appraisal: Leveraging Equity and Profit
04:13 - Inspirational Podcast Discovery: The Power of Sub2
05:38 - Rapid Growth: From 8 to 33 Doors in 16 Months
07:06 - Expanding Portfolio: Leveraging Proceeds into New Deals
08:05 - Structuring Creative Financing: Balloon Payments and Interest Rates
10:29 - Smart Investments: Generating High Returns with Low Cash Deployment

Join our SubTo Community:
http://joinpacescommunity.com/

Join Our Free Facebook Group to Connect with Ashley:
https://paceapproves.com/fbg-pod