1 Rental to Freedom Podcast

← 1 Rental to Freedom Podcast30 jul · 17 min

Ep. 242 - Fatal Financing Mistake #5 & #6: Get Paid Twice, Then Recycle It

Ep. 242 - Fatal Financing Mistake #5 & #6: Get Paid Twice, Then Recycle It30 jul17 min

<p>Waiting to get paid is costing you your portfolio. If you think cash flow only means that $300-$500 rent check every month, <strong>you&#39;re leaving money on the table before you even close! </strong></p><p><br></p><p>I break down fatal financing mistakes #5 and #6 — getting paid on the front end of every deal, and recycling your money so you can buy 10, 20, even 50 rentals off the same lender. I walk through a real deal we just closed: $89K purchase, $150K ARV, and how that structure put $10K in my pocket at closing. </p><p><br></p><p>Plus the &quot;you can&#39;t eat equity&quot; myth that drives me crazy, and how private and seller financing actually work when you know how to recycle the cash. Stop waiting on rent checks to feel the win. <strong>Get paid when you buy!</strong></p><p><br></p><p>Visit our website at <a href="http://www.truewealthinvestors.com/">www.TrueWealthInvestors.com</a> for more real estate wisdom and resources. <br><strong>More Resources &amp; Links</strong><br>Struggling to get started in Real Estate or feel like you are struggling to get to the next level? <a href="https://www.truewealthinvestors.com/videos.html"> Check out this Free Vision Casting Video</a> to help clarify your goals and get specific steps to accomplish them!<br><a href="https://www.truewealthinvestors.com/schedule-a-call.html"><u>Schedule a 30 Minute Discovery Call with Chad</u></a> <br>Accelerate the growth of your business and reclaim control of your life! Are you tired of your business running you instead of the other way around? It&#39;s easy to get bogged down in the day-to-day operations, making it challenging to identify overarching challenges and solutions. <strong>Let&#39;s schedule a call to gain a strategic 10,000-foot perspective and devise a tailored plan for your success.</strong> Take the first step towards a business that not only thrives but also enhances your life!  <br><a href="https://www.linkedin.com/in/chad-harris-870b6585"><u>Connect with Chad on LinkedIn</u></a><br><a href="https://www.instagram.com/chad.harris.twi/"><u>Follow Chad on Instagram</u></a><br><a href="https://www.youtube.com/channel/UCCWI0zQkBYNxFuDl4oHrf_Q"><u>Follow Chad on YouTube</u></a><br><a href="https://www.facebook.com/TrueWealthInvestors"><u>Follow True Wealth on Facebook</u></a><br>Be sure to leave a rating &amp; review to let us know how this show has helped YOU!</p><p><br></p>