BiggerPockets Real Estate Podcast

794: Buying Houses with $100 Down and Creative Finance Secrets Most Don't Know


Listen Later

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. 

In This Episode We Cover:

The EASIEST way to get dozens of off-market properties sent to you EVERY DAY

The best creative financing strategies and when to use each

Wrap mortgages explained and taking advantage of someone else’s low mortgage rate 

Time freedom and the “golden handcuffs” that stop you from accomplishing your dreams

The one thing you should ask EVERY seller before you buy a property 

Investing with a spouse and the benefits of building a business together

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Rob's BiggerPockets Profile

Rob's Instagram

Rob's TikTok

Rob's Twitter

Rob's YouTube

Hear Our Recent Episode with Creative Finance Master, Pace Morby

What Is Creative Financing And How To Use It In Real Estate

Connect with Jenn & Joe:

Jenn's BiggerPockets Profile

Jenn Instagram

Joe Instagram

Jenn & Joe's Facebook Group

Jenn & Joe's YouTube


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-794

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

BiggerPockets Real Estate PodcastBy BiggerPockets

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

16,512 ratings


More shows like BiggerPockets Real Estate Podcast

View all
Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,567 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

702 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,852 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

833 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,917 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,585 Listeners

ChooseFI by ChooseFI

ChooseFI

5,153 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,085 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

618 Listeners

BiggerPockets Business Podcast by BiggerPockets

BiggerPockets Business Podcast

693 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

724 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,822 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

319 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,132 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

132 Listeners

On The Market by BiggerPockets

On The Market

903 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

851 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners