Welcome to a new episode of Get Creative! Join us as we delve into the intricacies of creative finance in real estate. In this episode, our hosts Karolyn and Miron Briley chat with guest Devin Carder about the nuances of seller-financed deals. Devin shares his journey within the Pace community, shedding light on how community involvement and creative strategies propelled his real estate success.
Highlights:
"It's all about joining a community of go-givers."
"The numbers work, and that's what really matters at the end of the day."
"I've been with the community since 2020, and it's been a game-changer."
"0% interest deals are definitely a thing and absolutely workable."
Timestamps:
00:00 - Introduction to Creative Finance and Real Estate Investing
01:57 - The Dynamics of Working with Family and Community
03:17 - Initial Discussion on Seller Finance
06:49 - Devin Explains the Dynamics of a Daisy Chain Deal
09:24 - The Reality of 0% Interest Deals in Seller Financing
12:42 - Devin's Strategy for Managing Multiple Lots on a Single Deal
17:01 - Discussion on Rental Income and Financing Details
22:14 - The Importance of Position in Financing Arrangements
27:16 - Addressing Unexpected Repair Costs and Contractor Challenges
31:20 - Wrapping Up and Contact Information for Future Engagements
► Join The Subto Community & Learn Creative Finance Directly from Pace:
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► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:
http://joingatortribe.com/yt
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► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
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► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
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