EP107 Creative Financing: Nothing Down, Why Price is Irrelevant, and the Power of Zero with Chris McClatchey

EP107 Creative Financing: Nothing Down, Why Price is Irrelevant, and the Power of Zero with Chris McClatchey

Chris McClatchey initially built his Real Estate Portfolio the Traditional Way - by using Bank Financing. But then it struck him; the majority of his cash flow was going back to the bank to pay off his mortgage. Not only that, but the first seven to fifteen years of mortgage payments were primarily paying off the interest on his loan rather than paying down the principal.

Chris knew that there had to be a better way, and that's when he came up with "The Power of Zero". By using seller financing with zero percent interest, Chris was able to outbid other investors by overpaying for the property, but he was still paying much less in interest over the duration of the loan.

Today, Chris shares "The Power of Zero" with us, and explains why its so important to listen to the seller to figure out what they really want, why the terms of the loan are much more important than the price you're willing to pay, the three elements to a great deal, and how to present an offer and understand the psychology of the seller.

And you don't want to miss Chris when he appears as a featured speaker at the 2018 Annual Real Estate Investor & Landlord FREE Conference & Expo, here in Grand Rapids, Michigan from February 22 thru 24.

You can go to www.rpoaonline.org to register for FREE!

Jaksot(589)

Exclusive Midwest Real Estate Investor Conference Preview: What You Can't Miss!

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Why Your Property Needs EV Chargers and How To Get the Government to Pay for Them with Jane McCurry — Episode 478

Why Your Property Needs EV Chargers and How To Get the Government to Pay for Them with Jane McCurry — Episode 478

Electric vehicle charging is becoming an essential amenity for rental property owners, helping to attract tenants and future-proof their investments. But many real estate investors don't know where to...

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Investing in Industrial Real Estate with Obie R. Silverwood — Episode 477

Investing in Industrial Real Estate with Obie R. Silverwood — Episode 477

Industrial real estate offers unique opportunities for building wealth, and few understand that better than my guest, Obie Silverwood. With 47 years of experience, Obie has transacted millions of squa...

17 Helmi 202528min

The World's Greatest Financial Gift Exists Only in the U.S. with Adiel Gorel — Episode 476

The World's Greatest Financial Gift Exists Only in the U.S. with Adiel Gorel — Episode 476

Real estate is one of the most powerful tools for building long-term wealth, but success depends on a strategic approach. Here in the United States we have an incredible tool to help us build financia...

10 Helmi 202529min

Mastering Raw Land Investing: 6,000+ Deals and Passive Profits with Mark Podolsky — Episode 475

Mastering Raw Land Investing: 6,000+ Deals and Passive Profits with Mark Podolsky — Episode 475

Real estate investing often conjures images of rental properties, tenants, and intense management responsibilities, but what if there was a simpler way to build wealth and create passive income? On to...

3 Helmi 202528min

EP474 Holistic Financial Strategies for Real Estate Investors with Tom Suvansri

EP474 Holistic Financial Strategies for Real Estate Investors with Tom Suvansri

Achieving financial control and long-term stability is a goal for many real estate investors, but it often requires more than just buying properties—it takes a strategic and holistic approach to plann...

27 Tammi 202532min

EP473 Smarter Strategies for Short-Term Rental Success With Avery Carl

EP473 Smarter Strategies for Short-Term Rental Success With Avery Carl

Short-term rentals can be a great path to financial freedom, but they also come with challenges that can derail even experienced investors. Knowing how to approach this asset class strategically is cr...

20 Tammi 202534min

EP472 Mastering the Art of Raising Capital in 2025 with Hunter Thompson

EP472 Mastering the Art of Raising Capital in 2025 with Hunter Thompson

Raising capital for your investment opportunities can be tough, especially in these uncertain times. But with the right strategies, it's possible to stand out and attract investors—even when others ar...

13 Tammi 202530min

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