Investing in Real Estate With No Money | How to Flip Houses with OPM!
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The video is part of a three-part series on how to invest in real estate without using any of your own money, with the three parts being flipping, rentals, and wholesaling. The speaker emphasizes that it is not necessary to use your own money to invest in real estate and make a profit. They explain the concept of using other people's money (OPM) to invest in real estate, specifically when flipping houses. They identify two main sources of OPM: hard money lenders and private money lenders. Hard money lenders are companies that lend money to investors on a short-term basis for flips, while private money lenders are typically individuals who lend money to those they know or have a connection with. The speaker provides examples of how to use OPM to flip a property and make a profit. They also answer common questions that new real estate investors may have, such as how to find good contractors and how to find their first deal. The speaker emphasizes the importance of networking and letting others know that you are looking to buy properties at a discount. The video ends with a joke and a reminder to subscribe, like, and comment if the information was helpful.
The video is part of a three-part series on how to invest in real estate without using any of your o