TOP 3 Creative Financing Strategies
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Host Justin Colby discusses the importance of being a dynamic real estate investor and diversifying investment strategies. He emphasizes the need to engage in various real estate activities such as wholesaling, buying and holding, fixing and flipping, wholetailing, and novations to ensure long-term success and wealth building. Colby shares insights on the top 3 strategies for securing deals in the current market. Firstly, he talks about using novation language to market properties on the MLS, expanding the buyer pool and maximizing returns. Secondly, he explores the concept of seller financing, detailing a negotiation where he aims to help the seller become the bank and sell the property with built-in interest and a 5-year balloon. Lastly, he discusses wrap deals, where the seller provides a loan for their equity, creating a monthly income stream while the buyer pays off the bank loan. Colby encourages viewers to embrace diverse investment approaches and emphasizes the significance of being adaptable and versatile in the real estate industry for long-term success and wealth accumulation.
Host Justin Colby discusses the importance of being a dynamic real estate investor and diversifying