100% financing for ALL of your real estate deals? Without thousands of dollars saved up, many people assume there’s no way for them to invest in real estate. But that’s far from true. Today, you can fund your entire real estate deal—including purchase price, down payment, closing costs, and rehab costs—using other people’s money!
Welcome back to another Rookie Reply! If you don’t have the funds to invest in real estate, hear Ashley and Tony share their best strategies for getting deals done with creative financing. They also discuss rehab costs and provide a three-step plan for estimating them. Hiring a property manager is a daunting task for any rookie, but our hosts share the biggest red flags to watch out for when vetting a property management company. Finally, they discuss the touchy subject of rental repairs—who’s responsible and how to keep the peace with tenants!
If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).
~~~~ Join BiggerPockets for FREE:
~~~~ Join the Real Estate Rookie Facebook Group:
~~~~ Find an Investor-Friendly Agent in Your Area:
~~~~ Find Investor-Friendly Lenders:
~~~~ Submit Your Real Estate Rookie Question!
~~~~ Books Mentioned in This Episode: “Raising Private Capital” by Matt Faircloth:
“The Book on Estimating Rehab Costs” by J Scott:
~~~~ Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1): ~~~~ Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2): ~~~~ Private Money Explained Part 3: The “Credibility Pieces” Lenders Love to See: ~~~~ Private Money Explained Part 4: Rates, Returns, and Protecting Investors: ~~~~ A Step-by-Step Guide to Estimating Rehab Costs w/ Master Flipper & Investor James Dainard (Part 1): ~~~~ Finding Contractors, Renovation Red Flags, and Estimating Rehab Costs (Part 2) w/ James Dainard: ~~~~ Follow Amy Mahjoory on Instagram to Learn More About Raising Private Capital: @amymahjoory or ~~~~ Connect with Ashley and Tony on BiggerPockets: Ashley: Tony: ~~~~ Shoot Ashley and Tony a Question on Instagram! @wealthfromrentals or @tonyjrobinson or
00:00 Intro
06:17 Creative Financing 101
15:55 Estimating Rehab Costs
25:55 Property Manager Red Flags
29:49 Who’s Responsible for This!?
37:31 Send Us Your Question!
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By: Real Estate Rookie Title: How to Get 100% Financing for Your ENTIRE Real Estate Deal Sourced From: www.youtube.com/watch?v=afDvbqv0sxA
