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(591)

EP121  How to Avoid Losing Your Property to the Bank:  Debt, CapEx, and Conservative Real Estate Investing, with Tyler Lyons, Justin Workman and Rob Minch

EP121 How to Avoid Losing Your Property to the Bank: Debt, CapEx, and Conservative Real Estate Investing, with Tyler Lyons, Justin Workman and Rob Minch

Tyler Lyons has acquired and rehabbed three houses in the Grand Rapids, Michigan area, and in the process he's added substantial value to each one. Tyler's goal has been to "BRRRR" - Buy, Rehab, Rent,...

7 Touko 20181h

EP120 Following Robert Kiyosaki's Formula: Entrepreneurship, Passive Income and Turn-Key Rentals with Jack Gibson

EP120 Following Robert Kiyosaki's Formula: Entrepreneurship, Passive Income and Turn-Key Rentals with Jack Gibson

Jack Gibson knew early on that having a job and working for someone else just wasn't in his destiny, so he sought out alternative paths to creating wealth. By the age of 21 Jack was running a successf...

30 Huhti 201845min

EP119 Your Questions Answered about Seller Financing

EP119 Your Questions Answered about Seller Financing

When it comes to Finding the Money for your purchase of a home or investment property, Seller Financing can help you avoid traditional lenders while setting terms that work for both the buyer and sell...

23 Huhti 201851min

EP117 When Your Rehab & Flipping Business becomes a Reality TV Show with "Gritty To Pretty" Stars Jeremy Cole and Ramon Huerta

EP117 When Your Rehab & Flipping Business becomes a Reality TV Show with "Gritty To Pretty" Stars Jeremy Cole and Ramon Huerta

If you've ever wondered what it would be like to star in one of those Fix & Flip Reality TV shows, then you're going to love this episode. Last year Jeremy Cole and Ramon Huerta shot a pilot episode f...

9 Huhti 201843min

EP116 Where Politics and Real Estate Investing Connect: Supporting Candidates and Legislation that Support us as Real Estate Investors with Tom Koetsier

EP116 Where Politics and Real Estate Investing Connect: Supporting Candidates and Legislation that Support us as Real Estate Investors with Tom Koetsier

When it comes to politics, everyone has their reasons for voting for a certain candidate or backing certain issues.  And as real estate investors, we need to be aware of which candidates are best suit...

2 Huhti 201833min

EP115 Profiting from airbnb & Vacation Rentals - RPOA Expert Panel

EP115 Profiting from airbnb & Vacation Rentals - RPOA Expert Panel

Vacation Rentals & airbnb's can be a great way to exponentially increase the returns on your real estate investments. But there are also many pitfalls that investors must avoid and be aware of in ord...

26 Maalis 201850min

EP114 Raising Other People's Money through Syndication and Crowdfunding with Bootstrap Legal Founder & CEO Amy Wan

EP114 Raising Other People's Money through Syndication and Crowdfunding with Bootstrap Legal Founder & CEO Amy Wan

Raising Other People's Money to invest in real estate is a time honored tradition.  But did you know that once you have more than two investors in an investment that you technically have a syndication...

19 Maalis 201855min

EP113 Finding Diamonds in the Junk - Building a Business that solves Real Estate Investor's Problems while Creating New Opportunities with Kevin Schultz and Joe Howard from Junk King

EP113 Finding Diamonds in the Junk - Building a Business that solves Real Estate Investor's Problems while Creating New Opportunities with Kevin Schultz and Joe Howard from Junk King

Joe Howard and Kevin Schultz were standing in the middle of a dumpster when they came up with a business idea that would change their lives.  As real estate investors, they knew there was a huge need ...

12 Maalis 201850min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
ostan-asuntoja-podcast
hyva-paha-johtaminen
rss-lahtijat
rss-sisalto-kuntoon
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rss-startup-ministerio
herrasmieshakkerit
rahapuhetta
lakicast
rss-porssipuhetta
asuntoasiaa-paivakirjat
rss-set-for-life-sijoita-ja-vaurastu
rss-viisas-raha-podi
rss-vaikuttavan-opettajan-vierella