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352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms
Episode 352

352: Rookie Reply: Seller Financing & How to Buy MORE Real Estate on YOUR Terms

Seller financing is a great way to fund real estate deals on YOUR terms. But why would a seller agree? In this episode, we’re taking a deep dive into the topic—showing you how to pitch seller financing like a pro and get your offer accepted! Welcome back to another Rookie Reply! Beyond seller financing, Ashley and Tony discuss the ins and outs of scaling a real estate business and some of the most common mistakes that rookie investors make along the way. You’ll also learn why you should keep a mortgage in one person’s name, how to minimize your debt-to-income ratio so you can scale faster, and how to identify the perfect loan products for your portfolio. Finally, good contractors are hard to find, but our hosts deliver some expert advice on how to negotiate with them and protect yourself! If you want Ashley and Tony to answer a real estate question, you can submit a question here, post in the Real Estate Rookie Facebook Group, or call us at the Rookie Request Line (1-888-5-ROOKIE).

Real Estate Rookie

December 28, 202344m 48s

Show Notes

We got to talk a WHOLE lot of real estate in 2023. With topics ranging from partnerships to home renovation hacks, we covered a ton of ground this year and hope the information helped YOU on your real estate investing journey!

Today, we’re taking a trip down memory lane—reflecting on all of the amazing guests and conversations we had on the show over the last twelve months. For this very special episode, we’ve handpicked a few of our favorite moments to share with you. Whether you’re looking to find your first deal or already own several rental properties, we hope this compilation gives you the inspiration and motivation you need to start the new year off strong!

Tune in to learn everything from getting your spouse on board with real estate to replacing your W2 income with rentals. You’ll find out why house hacking is perhaps the best entry point to real estate investing and why rental arbitrage is a cheat code for easy cash flow. You’ll even learn about the “open house” hack that one rookie investor uses to estimate rehab costs, as well as some clever ways to get more money out of your current portfolio!

Here is the link to the Spotify playlist for the full episodes clipped for this show!

In This Episode We Cover:

The best ways to pitch seller financing (and get your offer accepted!)

Pitfalls to avoid when taking on more real estate debt

Scaling your real estate business faster with UNIQUE loan products

How to negotiate pricing with contractors for your home renovations

Why you MUST build your own scope of work when getting contractor bids

And So Much More!

Links from the Show

Find an Agent

Find a Lender

Ashley's BiggerPockets Profile

Ashley's Instagram

Tony's BiggerPockets Profile

Tony's Instagram

Real Estate Rookie Facebook Group

Join BiggerPockets for FREE

Ask Us Your Investing Question

Apply to Be a Guest on the “Real Estate Rookie” Podcast

Why Self-Storage Beats Rental Properties

How to Use Public Data to Find Real Estate Deals That 99% of Investors Miss w/Ariel Herrera

From Prison to Real Estate Investor Making $71K/Year from ONE Rental w/Matt McDermott

How Nancy Rodriguez from ‘Love Is Blind’ Hit Financial Freedom BEFORE Fame

How to Buy a Rental Property with NO Money OR Credit

The Rookie’s Step-by-Step Guide to Home Renovation Projects

The Step-by-Step Guide to Finding the BEST Off-Market Real Estate Deals

Books Mentioned in the Show

The Book on Estimating Rehab Costs by J Scott

The Book on Flipping Houses by J Scott


Check the full show notes here: https://www.biggerpockets.com/blog/rookie-352

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