BiggerPockets Real Estate Podcast - 130 Multifamily Units With This Simple Seller Financing Strategy

Episode #799 You can build a multifamily real estate portfolio without a ton of money, risk, or time. Cody Davis and Christian Osgood built their multimillion-dollar rental property portfolio in a matter of years, using strategies that ANYONE, no matter their experience level, can use. But, how they do things is a little unconventional and probably goes against everything top real estate investors have been telling you. While the world looked to lock down as much debt as possible during 2020-2021’s low mortgage rates, Cody and Christian sought something else. This dynamic investing duo wanted long-term debt on excellent properties that could be paid off quickly, enabling them to own their portfolio outright. This meant that Cody and Christian would have to sacrifice a substantial amount of cash flow, keep their spending low, and only buy the best properties out there. How Cody and Christian bought the properties is a strategy you most likely haven’t heard of before. It’s so ingenious that if you follow the same steps as Cody and Christian, you’ll be able to get THE best properties, at the best price, from a seller who WANTS you to make money off them. Doesn’t sound possible in such a cutthroat industry, does it? Stick around to learn the EXACT steps Cody and Christian took to build their low-risk, high-reward, eight-figure portfolio. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ Hear Cody and Christian’s Previous Episodes: Cody: https://www.biggerpockets.com/blog/biggerpockets-podcast-554?utm_source=youtube&utm_medium=description&utm_campaign=none Christian: https://www.biggerpockets.com/blog/real-estate-605?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ How Cody Davis Acquired 81 Units By The Time He Turned 21: https://www.biggerpockets.com/blog/81-units-by-21?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ The Definitive Guide to Using Seller Financing to Buy Real Estate: https://www.biggerpockets.com/blog/2013-11-05-seller-financing?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Cody and Christian: Cody's Instagram: @doingcodythings or https://www.instagram.com/doingcodythings/ Christian's Instagram: @christianosgood or https://www.instagram.com/christianosgood/ Christian's BiggerPockets: https://www.biggerpockets.com/users/christiano12?utm_source=youtube&utm_medium=description&utm_campaign=none YouTube: https://www.youtube.com/@Multifamilystrategy Website: https://multifamilystrategy.com/ ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Rob (Robuilt): Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto Twitter: https://www.twitter.com/robuiltchannel YouTube: https://www.youtube.com/c/Robuilt ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://www.biggerpockets.com/blog/real-estate-799?utm_source=youtube&utm_medium=description&utm_campaign=none Recorded at Spotify Studios LA. 00:00 Intro 02:57 Quick Tip 03:28 Where to Find Seller Finance Deals 15:59 Buying Off-Market Deals…On Market? 17:45 Cody and Christian’s Current Portfolio 21:45 3 Simple Steps to Seller Financing 32:23 NEVER Lose Your Wealth 48:53 Cities, Cap Rates, and Building a Business 55:12 Connect with Cody and Christian!