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On this episode of Deal Nation we're joined by Matt Porcaro, founder of The 203k Way community and real estate investor who transformed his financial future using a little-known government loan program. Matt shares his journey from struggling engineer to successful real estate entrepreneur through the FHA 203k renovation loan - a program that allows investors to purchase fixer-uppers with just 3.5% down while using the bank's money for renovations.Discover how Matt turned a $10,000 investment in a very dishevled house into $150,000 in equity, creating $2,000 monthly cash flow that still pays him today. He breaks down the 203k process, explains the one-year owner-occupancy requirement, and reveals why this strategy works perfectly for wholesalers looking to transition into buy-and-hold investing.Perfect for investors seeking their first rental property or looking to maximize leverage with minimal cash, this episode provides actionable insights into one of real estate's best-kept secrets."It is the best form of leverage that exists on the planet. I can't think of a different loan product that's any better than this." - Matt Porcaro👩🏼💻 Focused on helping people understand and leverage the FHA 203K renovation loan as an entry point into real estate investing. Subscribe to his YouTube channel - https://www.youtube.com/@mattporcaro📖 Read his book the 203k Secret. Available in here – https://203ksecrets.com/📈 Want more actionable insights from the Launch Control community?✅ Join our REI discussion on Investors Hub! 📣 Open to anyone looking to learn and connect! Jump into the conversation today! 👉 https://www.facebook.com/groups/investorshubrei🚀 Join Launch Control here: https://launchcontrol.usFollow Matt here:Instagram - https://www.instagram.com/the203kway/Facebook - https://www.facebook.com/the203kwayX - https://x.com/the_203k_way
By Launch ControlOn this episode of Deal Nation we're joined by Matt Porcaro, founder of The 203k Way community and real estate investor who transformed his financial future using a little-known government loan program. Matt shares his journey from struggling engineer to successful real estate entrepreneur through the FHA 203k renovation loan - a program that allows investors to purchase fixer-uppers with just 3.5% down while using the bank's money for renovations.Discover how Matt turned a $10,000 investment in a very dishevled house into $150,000 in equity, creating $2,000 monthly cash flow that still pays him today. He breaks down the 203k process, explains the one-year owner-occupancy requirement, and reveals why this strategy works perfectly for wholesalers looking to transition into buy-and-hold investing.Perfect for investors seeking their first rental property or looking to maximize leverage with minimal cash, this episode provides actionable insights into one of real estate's best-kept secrets."It is the best form of leverage that exists on the planet. I can't think of a different loan product that's any better than this." - Matt Porcaro👩🏼💻 Focused on helping people understand and leverage the FHA 203K renovation loan as an entry point into real estate investing. Subscribe to his YouTube channel - https://www.youtube.com/@mattporcaro📖 Read his book the 203k Secret. Available in here – https://203ksecrets.com/📈 Want more actionable insights from the Launch Control community?✅ Join our REI discussion on Investors Hub! 📣 Open to anyone looking to learn and connect! Jump into the conversation today! 👉 https://www.facebook.com/groups/investorshubrei🚀 Join Launch Control here: https://launchcontrol.usFollow Matt here:Instagram - https://www.instagram.com/the203kway/Facebook - https://www.facebook.com/the203kwayX - https://x.com/the_203k_way