You want to invest in real estate, but you lack the cash or the income. With home prices and mortgage rates so high, even a decent-paying job won’t land you a rental property or even a primary residence. So, what do you do? Should you call it quits and let others build wealth while you struggle to make ends meet? Not quite. There’s one thing you should start doing today that’ll make your real estate investing much easier.
Welcome one and all to another Seeing Greene, where David answers your investing questions in today’s tough housing market. First, Rob joins us to advise an investor struggling to buy her business’s building from her father. He wants to sell after having a rough time with this commercial property, but Shelly, our investor, wants to convince him to keep the building OR give her a chance of ownership. What should she do?
Next, David answers the trifecta of 2023 investing questions: what should you do when your pre-approval is too low? How do you pull out home equity when you’re broke? And what to do when you don’t have enough income to qualify for a mortgage? A straightforward solution solves ALL THREE of these investors’ questions, and it’ll help you, too, if you’re struggling in this market!
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~~~~ Books Mentioned in Today’s Show: Pillars of Wealth: The Richest Man in Babylon: ~~~~ Past Episodes Mentioned in Today’s Show: Cost Segregation: Seeing Greene 828: Jim Kwik (Coming Soon!): ~~~~ Connect with Shelly: The Mousing Harket: @mousingharket or Fairmount Bicycles: @fairmountbikes or ~~~~ Connect with David and Rob on BiggerPockets: David: Rob: ~~~~ Connect with Rob (Robuilt): Instagram: TikTok: X/Twitter: YouTube: ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or @biggerpockets or
Show notes at:
00:00 Intro
01:02 Quick Tip
01:55 My Dad Wants to Sell My Building!
13:52 Is This "Mediocre" Deal Worth It?
21:41 Connect with Shelly!
23:15 Questions from The Comment Section
27:42 I Don't Make Enough to Invest!
30:53 Pulling Out Equity (When You're Broke!)
33:08 I Can't Get a Mortgage!
40:39 Connect with David!
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By: BiggerPockets Title: Don''t Make Enough Money to Invest in Real Estate? Do This… Sourced From: www.youtube.com/watch?v=RHosE_urbek
