How to Raise Money To Buy Real Estate
youtu.be
The training on funding real estate deals covers various strategies such as fix and flip, rentals, and wholesaling, emphasizing the crucial skill of raising money. Sam, a real estate investor with $50,000,000 in assets, offers free training for those who comment 'FUND' and encourages interaction and engagement. The training discusses both long-term and short-term funding sources, with long-term funding being easier to start with and including small local banks, credit unions, and DSCR lenders, while short-term funding options include private lenders, hard money lenders, HELOC, 401(k)s, and life insurance. The 'BRRRR' method, which stands for buy, rehab, rent, refinance, and systemize, is highlighted, with a new YouTube video on 'BRRRR 2.0' tying together long and short-term funding. Private money lenders, who are everyday people, are also discussed, with tips on how to pitch to them and target W-2 corporate middle-class individuals. The 'BURRS' method is aimed at middle-class individuals with decent credit scores and income, aiming to create significant wealth without any money out of pocket. Real-life examples are provided, such as a property appraised at $300,000, resulting in a $240,000 loan, with rent payments used to repay the bank loan, and the importance of interaction and sharing the live session is repeatedly emphasized.
The training on funding real estate deals covers various strategies such as fix and flip, rentals, a