The MORE Show

← The MORE Show6 oct · 28 min

He Lost Everything in 2008 and Built It All Back | Chris Prefontaine

He Lost Everything in 2008 and Built It All Back | Chris Prefontaine6 oct28 min

Most real estate investors think you need a bank, perfect credit, or a pile of cash to do deals. Chris Prefontaine has been proving that wrong for decades and he survived the 2008 crash to build one of the fastest growing real estate companies in America three years running on the Inc. 5000 list. In this episode of The M.O.R.E. Show, Justin Colby sits down with Chris Prefontaine, founder of Smart Real Estate Coach and author of the 3 Paydays book series, to break down exactly how creative financing and terms deals work in today's market, why subject-to and owner financing are some of the most powerful tools available to any investor right now, and why the most dangerous thing you can do is chase shiny objects instead of going deep on one strategy.

KEY TOPICS COVERED:

Creative financing explained, how to buy real estate without banks, cash, or credit

Subject-to and owner financing deals, how they work and why sellers say yes

The 3 Paydays model, how to get paid three times on every single deal

Why Chris survived the 2008 crash when most investors did not and what he learned

Shiny object syndrome: why chasing two rabbits means catching zero

Why you should follow someone who has been through real market cycles, not just a bull run

️Key Moments

00:00 — Foreclosure, the repo man, and starting over

00:52 — Introducing Chris Prefontaine

01:10 — Three years on the Inc. 5000 list