Protect Your Wealth

Ep 63: Buying Your First Investment Property with 3.5% Down


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Buying Your First Investment Property with 3.5% Down

Welcome to episode 63 of The Multifamily Millionaire: Real Income From Real Estate with Jason Lee. This week Jason welcomes Matt Porcaro and picks his brain about how he teaches investors to purchase their first property with 3.5% down.

After 4 years of trying and failing at multiple different strategies to break into real estate investing, Matt Porcaro learned about a little-known government-backed renovation loan that allowed him to do a live-in house flip, turning a minimal $9500 down payment into $130k in equity and $2k a month passive cash flow in just 12 months.

After being asked constantly by friends and family how he did it, Matt created a community dedicated to leveraging this strategy called “The 203k Way”. He helps aspiring investors get their first or next cash-flowing, high-equity investment property - with only a 3.5% down payment by leveraging renovation loan products.

 

To download your free Real Estate Deal Analyzer just head to https://jlmrealestateinc.com/free-product/. With this guide, you’ll be able to easily understand your real estate deals. 

 

Here is what to expect on this week’s show:

  • Why Matt decided to get into real estate
  • The biggest misconceptions about using a 203k Loan
  • Why you should only put down 3.5% on your first property
  • His advice to first time investors
  • How he's been able to snowball his 203k method into greater success

  • Relevant links:

    https://www.the203kway.com/

     

    Connect with Jason:

    Instagram: https://www.instagram.com/jasonjosephlee/?hl=en

    YouTube: https://youtube.com/channel/UCWNrpNXpGuujHMVZJWmBLsw

    LinkedIn: https://www.linkedin.com/in/jason-lee-3b7806115/

     

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    Protect Your WealthBy Jason Lee

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