This week, special guest host Scott McGillivray interviews Carmen and Jordan about ‘The Power of Leveraging Real Estate’. This episode goes through how you can acquire real estate, and manage fund renovation costs, closing costs and interest expenses, through private financing. In addition to all this, you’ll also receive some valuable advice from Jordan about getting started in these types of deals, rendering this a truly fascinating and inspiring episode.   Episode Highlights:  

• Breaking down Jordan and Carmen’s ‘home run’ deal
• Working with family on this joint venture
• Instant equity
• Getting creative with private money, leveraging property and interest expenses
• The renovations and how they funded them
• What they are doing with the profits from this deal
• Jordan’s advice to others

Quotes:    “You guys just hit a home run with this deal…a lot of money in a short period of time using none of your own money.”   “Jordan saw the vision.”   “We have a lot of private money behind us, so that’s the key…my negotiating tool.”   “This is the short term strategy.”   “Basically, you baked the interest expense into the loan itself.”   “This is not something they teach you in school.”   “It’s addictive.”   “This is where private financing is such a huge asset.”   “This is called sweat equity.”   “It is important to start.”   Links:   30 Minutes to Wealth homepage: https://www.30minutestowealth.com/