Financial Freedom with Real Estate Investing MB 256: Find Your WHY, Find a Way to Invest in Real Estate – With Sadhana Sabharwal
When your WHY is big enough, you find a way. It doesn’t matter that you’re brand new to real estate investing. It doesn’t matter that you don’t have a college degree. And it doesn’t matter that you don’t have any money.
Sadhana Sabharwal is the real estate investor and coach behind Single Mom Millionaire and The No Money Down Academy training course. Sadhana was a recently-divorced, single mother of three boys when she got into real estate, and in four years, she built a portfolio of 46 doors. Sadhana’s focus is on buying, renovating and holding properties for positive cashflow, and she specializes in creative financing strategies that leverage other people’s money to buy real estate.
On this episode of Apartment Building Investing, Sadhana joins cohost Garrett Lynch and me to explain how a painful divorce inspired her real estate investing journey. She shares her approach to creative financing, describing how she funds deals with seller financing and why networking was so valuable in helping her learn the business. Listen in for insight on finding your WHY and learn how Sadhana’s positive mindset influences her success!
Key TakeawaysHow Sadhana’s real estate investing journey began
- Husband left her for another woman
- Needed way to support three boys
How Sadhana got interested in real estate investing
- Work as law clerk, introduced to investor
- Invited to join small real estate club
How Sadhana funded her first deals with no money
- Open line of credit against house
- Home Depot card for renovations
Sadhana’s initial plan for real estate investing
- Find ways to buy without using own money
- Renovate, refinance and repeat process
How Sadhana overcame being female and a minority
- Joint venture with experienced investor
- Build trust with consistent networking
Sadhana’s advice on getting started with real estate
- Make use of free resources (Google, YouTube)
- Invest in real estate investing courses
- Ask questions at networking events
Sadhana’s favorite creative financing techniques
- BRRRR strategy
- Seller financing
How Sadhana got over the fear of asking for help
- Remember your WHY
- No choice but to figure it out
What needs to happen to have more women investors
- Give themselves more credit
- Role models and strong WHY
The top lessons Sadhana learned from her divorce
- Don’t make your life miserable making his hell
- Being happy and grateful is your choice
Connect with Sadhana Sabharwal Resources
Join the Nighthawk Equity Investor Club
What’s the Best Investment: The Stock Market or Real Estate?