E004: How To Get The MONEY You Need For Your FIRST Commercial Real Estate Investment

Are you interested in investing in commercial real estate, but unsure how to obtain the necessary funds for your first deal? In this episode, Bo Barron, CCIM, break down the four main ways to finance your first commercial real estate investment for his brother and co-host Timmy Barron, ADHD. They discuss the pros and cons of using cash, financing, money partners/silent investors, and syndication deals. Bo also shares how he did his first successful deal as a bonus way to borrow the downpayment from one person and finance the rest. Bo and Timmy also talk about the benefits of investing in commercial real estate, including tax benefits, cash flow, equity, and appreciation. Whether you're a beginner investor or an experienced one looking to try commercial real estate for the first time, this episode is for you. And if you're a commercial real estate professional looking to become a general partner/sponsor of a deal, this episode will provide valuable insights as well. What sets this episode apart is the dynamic between Bo, an expert in the field of commercial real estate, and Timmy, an actor and comedian with ADHD who has no knowledge of the industry. Bo breaks down complex topics in a way that's easy enough for Timmy to understand, and at the end of the episode, Timmy takes a pop quiz to see how much he's learned. Tune in to learn how to finance your first commercial real estate investment and have some fun along the way! 📒Show Notes📒 🎉Join the party, stay informed, access bonus content, the blog and more: tinyurl.com/CRE-Podcast-sign-up Subscribe and listen to Commercially Speaking Here: YT: @Commercially Speaking Spotify: https://podcasters.spotify.com/pod/show/commerciallyspeaking Apple: https://podcasts.apple.com/us/podcast/commercially-speaking/id1680750330 Amazon: https://music.amazon.com/podcasts/ad036303-414c-4e30-9e89-768d30ed3ffb iHeart Radio: https://www.iheart.com/podcast/269-commercially-speaking-112157161/ ⏰Time Code⏰ 00:00 - Intro 00:45 - 5 Ways To Get Money 01:36 - Cash 02:50 - Tax Shelter 04:02 - Financing (Bank) 08:16 - Hard Money Loan 12:11 - $ For My Erection 12:56 - Sugar Daddy 14:54 - ADHD Movie Rant 16:13 - Syndication 20:38 - Crowdfunding 22:02 - Bo’s 1st Attempt (Failed Syndication) 25:16 - Borrow 100% 26:14 - Story Time - What Can Go Wrong 30:14 - The Ideal Option 32:18 - Breaking Records 33:03 - Quickie Quiz ---- 📲 Connect with us: Subscribe to our Youtube: https://www.youtube.com/@commerciallyspeaking Instagram: https://www.instagram.com/commerciallyspeaking/ Facebook: https://www.facebook.com/commerciallyspeaking Tiktok: https://www.tiktok.com/@commerciallyspeaking Follow us on Twitter: @comspeakpod & @bobarronccim ---- Bo is the owner and operator of Barron Commercial Group in Owensboro, KY servicing the Western KY and surrounding markets. For all CRE inquiries visit http://www.barroncommercial.com Timmy is an actor, comedian, writer and host. You can follow him pretty much everywhere @timmyhartbarron