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)

EP242 How To Improve Your Online Presence So You Can Raise More Money For Your Real Estate Deals with Dr. Adam Gowar

EP242 How To Improve Your Online Presence So You Can Raise More Money For Your Real Estate Deals with Dr. Adam Gowar

Up until early March we were in a booming real estate market with high valuations and a bright economic future. Now, seemingly overnight, we find ourselves in a new kind of recession and it's hard to...

24 Elo 202050min

EP241 How To Survive & Thrive Through a Recession and Coronavirus with Jason Roberts and Rachel Schneider

EP241 How To Survive & Thrive Through a Recession and Coronavirus with Jason Roberts and Rachel Schneider

My guests today know what it's like to go through a major economic downturn and reposition their business in order to survive and thrive. Jason Roberts and Rachel Schneider owned their own mortgage co...

17 Elo 202055min

EP240 Solving the Need for Workforce Housing with Scott Choppin

EP240 Solving the Need for Workforce Housing with Scott Choppin

As real estate prices increase, and the supply of new construction fails to keep pace with demand, the need for middle income housing is a steadily rising challenge that many communities are experienc...

10 Elo 20201h 1min

EP239 How He Fixes Broken Apartments with Jerome Myers

EP239 How He Fixes Broken Apartments with Jerome Myers

My guest today is a big fan of the Keanu Reeves movie "The Matrix", and he believes that most people really are living in the Matrix and it's his job to help them escape. He does this by teaching them...

3 Elo 202057min

EP238 How You Can Achieve 'Time Freedom' through Passive Real Estate Investing with Travis Watts

EP238 How You Can Achieve 'Time Freedom' through Passive Real Estate Investing with Travis Watts

Today's guest is going to talk about 'Time'. Specifically, 'Time Freedom' and how you can achieve it through Real Estate Investing. He's also going to discuss how you can transition from being an act...

27 Heinä 202045min

EP237 Mind-Blowing 1031 Exchange Strategies that will Shelter Your Profits from the IRS with Dave Foster

EP237 Mind-Blowing 1031 Exchange Strategies that will Shelter Your Profits from the IRS with Dave Foster

As real estate values increase, so too does the idea of selling your investment property and taking your profits off the table. One of the major considerations in doing so however, are the tax conseq...

20 Heinä 202058min

EP236 How He's Acquiring 5 to 10 Properties a Month by Negotiating On His Terms with Chris Prefontaine

EP236 How He's Acquiring 5 to 10 Properties a Month by Negotiating On His Terms with Chris Prefontaine

To many people the real estate market may seem unpredictable, and the very real fear of losing money has been a huge psychological hurdle to overcome. Many investors don't want to be at the mercy of ...

13 Heinä 202042min

EP235 Short Term Vacation Rentals RPOA Expert Panel 2020

EP235 Short Term Vacation Rentals RPOA Expert Panel 2020

One of the highlights of the RPOA's 2020 Annual Conference was the Expert Panel on Short Term Vacation Rentals, and today you get to listen to this Pre-Covid-19 Conversation. We assembled an incredib...

6 Heinä 202050min

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