07.15.2020 - By BiggerPockets
Today: how Lexington, KY investor Charlie Ashley uses lines of credit and construction loans to build his portfolio while working full-time.
Charlie walks us through his year-long education phase, his first couple deals, and the expensive lessons he learned while renovating a property he lovingly calls "The Pit"!
Sure... finding deals is important. But today you'll learn how understanding financing has helped Charlie gain a lot of momentum quickly – and how every new investor can do the same.
Thanks for spending time with us every Wednesday. If you like what you hear, let us know with a rating and review in Apple Podcasts... or share this episode with a friend or family member!
Links from the Show
Real Estate Rookie Facebook Group
Felipe's Instagram
Ashley's Instagram
BiggerPockets Podcast
BiggerPockets Podcast 329: Financial Freedom Before 30 Through Just 10 Deals With Felipe Mejia
BiggerPockets Podcast 384: Losing $60k on His First 2 Flips so You Won't Have To with Spencer Cornelia
Rookie Podcast 17: 3 Rentals in His First Year & the Power of a Real-Life ‘Rich Dad’ Mentor with Derrick Ziglar Jr.
Google Sheets
Check the full show notes here: http://biggerpockets.com/rookie20
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