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Episode #1,105 Invest in Turnkey Properties with REI Nation: https://info.reination.com/qr?utm_campaign=Bigger%20Pockets%20-%20YouTube%20QR%20Overlay%20Ad&utm_source=youtube&utm_medium=paidsocial Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Learn Creative Finance with “Wealth without Cash”: https://store.biggerpockets.com/products/wealth-without-cash?utm_source=youtube&utm_medium=description&utm_campaign=none Property Manager Finder: https://biggerpockets.com/findapm See Dave at BPCON2024 in Cancun and Email [email protected] For a Chance to Dine with Dave! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none Creative Financing: 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 Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Are high interest rates and large down payments stopping you from investing in real estate? If so, creative finance might be precisely what you need. It’s what today’s guest, Ankit Lodha, used to go from zero rental properties to THIRTY in just a couple of years. Sounds risky? What if we told you Ankit was walking into equity when he bought these deals, keeping him from being overleveraged and helping him build wealth faster? After saving up for over a decade to buy his first property, Ankit quickly realized that building wealth would be a slow grind if he didn’t solve his down payment problem. He was working hard as a data scientist by day, looking for real estate deals by night, and needed a solution to help him creatively buy real estate WITHOUT putting twenty-five percent down on every property. After finding a sweet spot in his local housing market, where he made substantially more rent than other landlords, he knew he needed more properties. Today, Ankit talks about how he scaled from zero to thirty properties using creative financing, seller financing, and traditional mortgages. He’ll talk about how he dodged the high mortgage rates most investors were forced to accept, how he built a team and runs his properties remotely, and the ingenious ways he buys houses for very little down with high cash flow. 00:00 Intro 01:47 Data by Day, Deals at Night 05:51 Moving and Remote Management 11:07 Making 2x His Mortgage 17:15 Building the Team 20:38 Creative Solutions with HUGE Returns 29:16 Low Money Down Strategies 30:11 Next-Level Seller Financing 34:25 Creative Finance Risks 37:41 Long-Term Vision
