Wealthy Way The ULTIMATE Guide to Getting Started in Real Estate
How you can start investing in real estate with $0...
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How To Make $1 Million In Two Years - https://youtu.be/GLKUlYdXFPk
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In this compelling video, Ryan advocates for real estate as a transformative wealth-building opportunity, addressing common doubts and sharing his personal journey. Highlighting that financial constraints are perpetual, Ryan encourages a shift in mindset, emphasizing that one's potential isn't hindered by insufficient funds, knowledge, or time.
He recounts his own trajectory, transitioning from a dissatisfying stint as a realtor to the pivotal decision of entering the world of house flipping. The video introduces five funding methods for real estate ventures:
1. **Private Money Lenders:** Involving friends or family willing to invest, fostering a mutually beneficial profit-sharing arrangement.
2. **Hard Money Lenders:** Professional entities specializing in flip-related loans, albeit with higher interest rates and swift deal closures.
3. **Credit Cards and Lines of Credit:** Ryan's preferred method initially, especially advantageous with zero-interest cards and when operating under an LLC.
4. **Creative Finance:** Exploring strategies like taking over the seller's loan or negotiating seller finance, where the seller becomes the financier.
5. **Wholesaling:** Acting as an intermediary, securing a contract to sell a property to another flipper without necessarily purchasing it first.
Ryan emphasizes the hybrid approach, combining private and hard money,
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generat...