Ep #32: Creative Real Estate Financing: Strategies for Success

Explore the dynamic landscape of creative financing in today’s real estate market as we delve into the strategies that savvy investors are employing to adapt to issues such as higher mortgage rates. In this episode, we’ll discuss creative finance options and how they work, offering leverage even in challenging financial climates.

Listen in as I break down seller or owner financing, where you can craft custom terms to suit your needs, and delve into the opportunity costs associated with this approach. We’ll also explore subject-to transactions, private money, hard money, partnerships, and joint ventures, unveiling the nuances and benefits of each. Whether you’re familiar with these techniques or new to the world of creative financing, you will gain valuable information to help you navigate the real estate market effectively and make informed decisions.

What You’ll Learn In Today’s Episode:

  • What seller/owner financing is.
  • The opportunity cost of seller or owner financing.
  • What subject to is in real estate.
  • How hard money loans word.
  • How hard money lenders and private money lenders are similar.
  • What syndication is.
  • How to use a home equity line of credit.
  • The importance of making informed decisions.
  • Why it is essential to consult with an attorney.

Ideas Worth Sharing:

  • “Hard money lenders are short term loans. Usually 12 months or less.” – Nick Painz
  • “Private money lenders don’t conform to traditional lenders and that means you have more flexibility when it comes to the terms of the loan.”Nick Painz
  • “For people that are walking around with a lot of credit card debt but they have a lot of equity in their home, what you should be doing is a home equity line of credit and then consolidating that line of credit card debt.”Nick Painz

Resources In Today’s Episode:

Enjoy the show? If you like the LIV BYG podcast …

Never miss an episode by subscribing via Apple Podcasts, Spotify, Stitcher, Google Podcasts, Amazon Music, or by RSS!

Leave a Comment

Your email address will not be published. Required fields are marked *