Buying Rentals With Built-In Equity

[Jacob Sheets]

I remember listening to the BP podcast in the past, and one of them talked about them finding a lender that would use the discounted price as their equity in the deal. Buyer wouldn’t need to put any of their own cash in because of the discount.

Ex: buying a home appraised at 100k and you get it under contract for 75k.

Do you remember which podcast this was, who spoke? Do you have any personal experience structuring deals this way?