Welcome to a new episode of the Get Creative podcast. Today, we dive into the world of creative real estate financing as I join David Greene and Rob Abasolo on their podcast BiggerPockets Real Estate Podcast. 

In this episode, I share the mastermind behind countless successful $0 down deals. I’ll discuss how I usually navigate the complexities of SubTo financing, negotiate multifamily units, and transform challenges into opportunities. Whether you're a seasoned investor or just starting out, these insights are important to get you into creative financing, going to help you understand seller motivations and the magic of structured deals. Take advantage of these strategies that could open the door to your next big deal!

Highlights:

"Buyers are liars, sellers are worse. You have to be good at these things to overcome objections because people are not going to seminars like we are, they're not watching hundreds of YouTube videos."

"A SubTo or seller finance deal can be done in less than four hours... It's take out five people out of the transaction; all you're doing is transferring the deed."

"The receipt of real estate is called the deed. Whoever has the receipt is who owns that property."

Timestamps:

00:00 - Creative Financing Intro

00:37 - Multifamily vs. Single Family

02:26 - Mastering Sub-to Deals

03:19 - Hybrid Deal Breakdown

08:37 - Underwriting Multifamily Deals

10:31 - Due Diligence and Seller Lies

18:21 - Agent Challenges in Creative Deals

21:14 - Sub-to & Multifamily Closing Times

27:03 - Length of Ownership Strategy

44:38 - Executive Contracts & Risk Management

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