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Updated 12 months ago,
This is the secret to buying real estate fast
Look, I know the answer is having rich parents but I want to tell you what I believe is the quickest way to make something of yourself in real estate.
1. Learn to be the best operator out there in your niche
Anyone from any industry can give you the same type of money for the right deals but if you make yourself extremely valuable operating deals and rental properties you become valuable to those holding the money.
Think of a Doctor, they are great at helping sick people but know nothing about managing rentals day to day, and if you know how to find deals you become valuable to them.
2. Find good deals
If you are working full-time in real estate get good at finding deals.
This does a few things
1. The deal starts with you
2. You control the deal
3. If you are finding the right deals consistently you know the basics of how to operate the deal
3. Understanding Creative Financing
If you know how to Find deals and operate deals, your limit will be financing. If you master creative financing you can find 0% down deals.
In 2023, I purchased 73 units with seller financing and 44 of those were 0% down loans.
4. Repeat