In E008 Carmen did a fantastic job spilling the beans on how to make big money in real estate development and multi family investing. Being an ambitious, and experienced real estate investor, Carmen Campagnaro pairs her knowledge of creative financing, institutional lending and her experience with high-value real estate along with her strong contacts in urban planning to make big things happen on a daily basis. Some specific topics that were covered were as follows:
* Investing in multi family properties* Carmen's approach for 'beginners'* the basic framework for land development* working with teams of experts such as urban planners and mortgage brokers* commercial financing multi-residential/multi-family financing options and structure* BRRRR on a large scale
Many probably aren't aware of this but as Carmen discusses in the episode, it's actually easier to buy multi family buildings in the $1-3 million range than it is for many to qualify for a $600,000 mortgage personally. My big takeaway from all of this is that's it's extremely important to ask the expert because it can both save and make you loads of money!
Contact Links:Andrew Hines - on instagram @theandrewhines or
[email protected] Campagnaro / Pro Funds Mortgage -
[email protected] or 1.888.330.3866
Resource Links:Carmen's Airbnb - https://www.airbnb.ca/rooms/21427035?s=51&guests=1&adults=1Carmen's commercial/multi residential cash flow sheet: http://profunds.ca/pdf/cash_flow.xls
Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free