BiggerPockets Real Estate Podcast - Buying Homes with $100 Down & Creative Finance Secrets Most Don't Know

Episode #794 Creative finance is a home-buying hack that most people don’t know about. If you know what it is and how to use it, you can pick up properties for only a hundred dollars, build your rental portfolio faster than ever, and reach financial freedom in mere years. And in 2023, when the housing market is still hot, and home prices have barely cooled off, creative finance could be the solution to no cash flow and overpriced deals. But before you creatively finance your next rental property, you’ll need to know which strategy to use and when to use it. Jenn and Joe Delle Fave used creative finance to move from snowy Upstate New York to sunny Florida after escaping soul-crushing work. Jenn, a former teacher, loved her career, and the time she spent with her kids. But Joe was stuck at the car dealership, working late into the night, sacrificing family time to make more money. He knew he needed a way out but didn’t want to give up the financial security of a W2. Everything changed when he had the “light bulb” moment to try creative finance. Now, Jenn and Joe have run a full-time investing business, picking up pristine properties using strategies like seller financing, subject to, or wrap mortgages. They’ve acquired properties for very little down in some of the most competitive neighborhoods in the country, growing wealth WITH the time freedom they desired. Jenn and Joe give invaluable advice on which strategies work for which seller, the easiest way to get leads sent to you, and how you build wealth with real estate faster. ~~~~ 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 Our Recent Episode with Creative Finance Master, Pace Morby: https://www.biggerpockets.com/blog/real-estate-757?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ What Is Creative Financing And How To Use It In Real Estate: https://www.biggerpockets.com/blog/creative-financing?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Jenn and Joe: BiggerPockets: https://www.biggerpockets.com/users/jennd15?utm_source=youtube&utm_medium=description&utm_campaign=none Jenn Instagram: @jenndellefave or https://www.instagram.com/jenndellefave/ Joe Instagram: @josephdellefave or https://www.instagram.com/josephdellefave/ Facebook: https://www.facebook.com/groups/697698484785637 YouTube: https://www.youtube.com/@creativefinanceplaybook ~~~~ 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 ~~~~ 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 ~~~~ 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-794?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 03:58 Quick Tip 04:38 Live Where You Invest! 08:32 Invest Faster with "Wraps" 21:40 Finding Creative Finance 27:21 Working with Your Spouse 30:44 Escaping the "Golden Coffin" 39:20 Best Creative Financing Strategies 46:06 The EASIEST Way to Find Deals 59:04 Connect with Jenn and Joe!