@Michael Smythe they definitely made it seem like it was the best way to go lol but I’ve been down the rabbit hole too many times to now know when it seems too good to be true, that’s why I wanted to come on here and get some insight.

So don’t think this is some common way to make five figures with little to no money.

You would probably have better luck getting a construction loan to build something on the land, and creating some equity that way.

That's the category of lender you want to avoid falling into.This is a roundabout way of saying if you can show real value to your borrowers by understanding their business you will attract the best quality borrowers with the best collateral and can charge a premium for your services because they are the borrowers who understand what's most important in a lending relationship and its not solely the rate or origination fees.

Some people say that is not the 'fastest way' to gain wealth in RE is to highly leverage and go big.

Seems like he had a podcast about a year ago where he discussed most of his investment concepts are somewhat dated right now and were really for a different era or economic environment.Probably what works best right now is rent by the room/house hack. 

Hi All, Curious if anyone can suggest a real estate CRM that works best? 

Best of Luck!

All the best  

But the way you have arranged the owner financing, and build costs, followed by refinance…this is a repeatable model for you.