In this week's episode of the podcast, we explore the power of creative financing as a problem-solving tool in real estate investing. We share personal insights from recent deals and discuss the importance of community support, education, and negotiation skills when working with sellers. We also cover practical strategies for structuring creative financing deals, emphasizing the need to understand seller motivations, know your numbers, and stay flexible during negotiations.
Key takeaways include:
- Creative financing is about solving problems, not just structuring deals
- Direct engagement with sellers is crucial for successful negotiations
- Understanding the basics before seeking help will set you up for success
- Community and mentorship can enhance your confidence in creative financing
- Not all creative deals are good deals—know your numbers and establish clear metrics
Tune in to this episode for actionable insights and encouragement to embrace creative financing as a powerful investment strategy!
Other WIIRE episodes we recommend in this episode are…
Episode 33
Episode 34
Episode 35
Episode 36
Episode 37
Episode 38
Episode 123
Episode 124
Episode 125
Episode 126
Episode 127
Episode 128
Episode 129
Thanks for listening, friends!
Resources:
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- Learn about our WIIRE Bookkeeper & CPA Services
- Get access to Jenn & Joe Delle Fave’s Creative Finance Playbook
- Get your name on The WIIRE Community waitlist
- Grab your copy of our book, The Self Managing Landlord
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