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April 27, 2020 @ 3:00 am

Ep 103 Creative Ways of Pulling Equity Out Using Creative Financing

On this episode we answer a question from our fellow listener Nancy from Massachusetts. She called our hotline and asked how she can pull equity out of her rentals. She has traditionally bought rentals with 25-30% down and even all cash. Now she is looking to pull equity out by using creative financing in order to position herself to buy great deals with the downturn of the economy. Jeff and I talk about different strategies on how to do that and also how creative financing provides the benefit of leverage which is one of the most effective wealth building tools. Enjoy!

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.

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April 20, 2020 @ 3:00 am

Ep 102 Creating Terms On Multi-Million Dollar Properties In LA With Anthony Green

On this episode we are creating terms with our fellow listener Anthony Green on a multi-million dollar property in the Hollywood Hills area of LA. He has been following this house for months now…. He called our hotline number and asked for some help on how to use creative financing to make a deal, so we decided to make an episode out of it. We not only walk him through creating terms but we give him the actual LOI that Jeff sends to all his leads with the offers we created in real time. And then we go through the various exit strategies and who the right buyers is that he could wholesale this deal to. We provided the utmost value to Anthony on his specific deal by giving him an LOI with real offers, and we want to help you do the same with your deal so give us a call on our Hotline. The cliff notes of those offers are below. 

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE. 

Offer# 1

PP- 2,450,000

Down- 180,000

3yrs

2.5% int

2,073,165

Find a owner occupant buyer for 2,550,000 PP with 280,000 down

 

Offer# 2

PP- 2,400,000

Down- 240,000

5yrs

4% int

10,312 pmt

Balloon- 1,953,677

Seller Gross- 2,812,397

Find a owner occupant buyer for 2,500,00

Offer# 3

PP- 2,450,000

Down 500,000 1st position @7% simple int. Pmt= 2,916.66

Second Mortgage- 1,950,000

7,500 pmt for second @2.5% 

4yrs

Balloon- 2,276,657

Seller Gross- 2,636,657

Find buyer for 2,550,000.

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April 13, 2020 @ 3:00 am

Ep 101 Creative Financing; What Makes It Work

On this episode we really just have a conversation about what makes Creative Financing work. We talk about getting in light, keeping the end in mind, who’s your end buyer, what's your goal for the property, working the numbers backwards, wholesaling vs buy and hold, staying in the middle of deals to get paid up front, receive monthly cash flow, and get paid on the back end of the deal. We talk about private money and how using Creative Financing can help you find Private Money Lenders and how cross-collateralization can further secure your lender. This is a summary of all the strategies and best practices we talk about on the show. Hope you enjoy!

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.

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April 6, 2020 @ 9:41 am

Ep 100 Our Big 100! Live Q&A

This is a Huge mile stone for us. Thank you to all who have been with us from the start. We are up to 75,000 downloads and we really haven't advertised the podcast. It's loyal listeners like you who have helped us build this tribe. We are excited to continue to bring you the best strategies and tactics for using Creative Financing and creating terms, so Please Please Please pass this on, and until next time go out there and create some terms!

P.S. We want to do more episodes where we create terms in real time on properties you guys are working right now. Call our Hotline at 877-409-8090 and tell us what you're working on and we will make an episode out of it, create 2-3 term offers and give you the LOI to present to your prospective Seller. It doesn't get any better than that! Also text CFP to our Hotline to get special access to a step-by-step video on how to create terms!

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The Creative Financing Podcast
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