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(590)

EP250 An Exclusive Inside Look at What Goes Into Making This Podcast with Brian Hamrick

EP250 An Exclusive Inside Look at What Goes Into Making This Podcast with Brian Hamrick

Hello & welcome to episode 250. We've reached the quarter-century mark and I thought I'd do things a little differently to celebrate this milestone. We're not going to have a guest today, I'm just g...

19 Loka 202041min

EP249 How She's Achieving 2X Returns in High Cost Areas by Investing in Rent-Controlled Properties and Converting Hotels to Multifamily with Sri Latha

EP249 How She's Achieving 2X Returns in High Cost Areas by Investing in Rent-Controlled Properties and Converting Hotels to Multifamily with Sri Latha

When you live in a high cost area such as the San Francisco Bay community, you have to apply some serious out-of-the-box thinking to achieve profit in real estate investing. Over the last six years, ...

12 Loka 202054min

EP248 Structuring Successful Commercial Multifamily Investments with John Azar

EP248 Structuring Successful Commercial Multifamily Investments with John Azar

Today we're going to talk to someone who has achieved huge success investing in commercial multifamily and apartments. Recently he's grown his company's portfolio from 2,500 units owned & operated to...

5 Loka 202045min

EP247 How His Shared Residence Model Nets over $1,000 a Month per Property with Ron Thomas

EP247 How His Shared Residence Model Nets over $1,000 a Month per Property with Ron Thomas

You may remember a podcast conversation I had with UK investor Susannah Cole several months ago where she shared the HMO concept – Homes of Multiple Occupancy. This is somewhat unique in the United S...

28 Syys 202057min

EP246 Note Buying & Selling Tips from the RPOA Expert Panel with Donna Bauer, Gene Chandler, & Kyle Zimpleman

EP246 Note Buying & Selling Tips from the RPOA Expert Panel with Donna Bauer, Gene Chandler, & Kyle Zimpleman

Investing in Performing or Non-Performing Notes can yield incredibly lucrative results for those who know what they're doing. But if you are a beginner there will be many pitfalls and challenges you'...

21 Syys 202051min

EP245 How You Can Build A Successful Short-Term Rental Business with J Massey

EP245 How You Can Build A Successful Short-Term Rental Business with J Massey

I've been an admirer of today's guest ever since I came across his Cash Flow Diary podcast many years ago. J Massey has raised capital for, and invested in, single-family homes, notes, cell phone tow...

14 Syys 202054min

EP244 Should You Invest in Hiring a Virtual Assistant? with Amy Ransdell

EP244 Should You Invest in Hiring a Virtual Assistant? with Amy Ransdell

One of the things I'm trying to accomplish during this Coronavirus Pandemic is systematizing and streamlining my business in order to become a leaner and more efficient real estate investor in this ne...

7 Syys 202055min

EP243 Do You Have What it Takes to Raise Money Through Syndication?  with Bruce Petersen

EP243 Do You Have What it Takes to Raise Money Through Syndication? with Bruce Petersen

What does it take to raise OPM "Other People's Money" in order to acquire larger real estate deals than you'd ordinarily be able to do by yourself? Should you be thinking about raising OPM in order t...

31 Elo 202043min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
hyva-paha-johtaminen
lakicast
rss-seuraava-potilas
herrasmieshakkerit
leadcast
rahapuhetta
sijoituspodi
rss-porssipuhetta
rss-bisnesta-bebeja
rss-viisas-raha-podi