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!

Episoder(589)

EP388 How to Master Relationship-Based Negotiations for Buying Off-Market Properties With Jeff Stephens

EP388 How to Master Relationship-Based Negotiations for Buying Off-Market Properties With Jeff Stephens

Many of us have been in competitive buying situations with multiple offers on the table for that one special property. It's never fun to lose out to another buyer, and today's guest has figured out a ...

5 Jun 202343min

EP387 Investing Over $1 Billion in Impact-Driven Real Estate Projects With Evan Shields

EP387 Investing Over $1 Billion in Impact-Driven Real Estate Projects With Evan Shields

My guest today is a business leader, educator and public servant who has dedicated his life to advancing economic opportunity for underinvested communities. And while Evan Shields has led the investme...

29 Mai 202340min

EP386 Scaling Your Syndication Business Through Leadership and Systems with Staci Gray

EP386 Scaling Your Syndication Business Through Leadership and Systems with Staci Gray

If you raise money from investors to fund your real estate opportunities, you're definitely want to listen to today's conversation. Staci Gray helps real estate syndicators systematize their operation...

22 Mai 202331min

EP385 Successful Strategies in Short-Term Rentals Panel Discussion With Al Williamson, Kate Stoermer and Jeremy Garcia

EP385 Successful Strategies in Short-Term Rentals Panel Discussion With Al Williamson, Kate Stoermer and Jeremy Garcia

What's new in short-term rentals? According to AirDNA bookings are up, but so are the number of rentals available. More competition means less profit to go around. Investors who rushed in without a pl...

15 Mai 202350min

EP384 From Zero to $100M by Investing in Student Housing and Multifamily With Will Matheson

EP384 From Zero to $100M by Investing in Student Housing and Multifamily With Will Matheson

My guest today got his start in real estate as a broker for Marcus & Millichap in Raleigh, North Carolina before starting his own real estate firm with his twin brother. Will Matheson went from zero t...

8 Mai 202326min

EP383 Boost Short-Term Rental Revenue by Upselling Amenities to Guests with Madison Rifkin

EP383 Boost Short-Term Rental Revenue by Upselling Amenities to Guests with Madison Rifkin

My guest today has found a technology solution to help short-term rental hosts add new streams of income and boost their profits. Madison Rifkin is the CEO and Founder of Mount, a startup company that...

1 Mai 202329min

EP382 Building Wealth and Cashflow with Boutique Hotels and Other Mid & Short-Term Rental Strategies with James Svetec and Riley Oickle

EP382 Building Wealth and Cashflow with Boutique Hotels and Other Mid & Short-Term Rental Strategies with James Svetec and Riley Oickle

How does the landscape look for real estate investors in 2023? My guests today share the belief that no matter what's going on in the economy, real estate investing is the tried and true method of bui...

24 Apr 202332min

EP381 Boosting Your Capital Stack with Cashflow-Based Financing with Brittany Mosely and Derrick Barker

EP381 Boosting Your Capital Stack with Cashflow-Based Financing with Brittany Mosely and Derrick Barker

I have two incredible guests with me today to talk about a unique way to raise more equity for your deals without relying on limited partner investors. Brittany Mosely is an Airbnb superhost who has o...

17 Apr 202336min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
tid-er-penger-en-podcast-med-peter-warren
pengepodden-2
finansredaksjonen
utbytte
liberal-halvtime
pengesnakk
livet-pa-veien-med-jan-erik-larssen
rss-markedspuls-2
rss-politisk-preik
lederpodden
rss-pa-konto
rss-impressions-2
rss-densannepodden
rss-finanslunsj