The Creative Financing Podcast

On this episode we interview Andy McFarland, who has used Creative Financing from day one in his 17 year career flipping and wholesaling houses. He started when he was 23 after getting fired from his job for skateboarding on a dock where he would unload trucks. Now he currently wholesales and flips houses in 3 different states. But more than the glitz and glamour of the volume and size of transactions that he does, Andy really emphasizes the point that success comes from solving other people's problems. He teaches that, "if you help enough other people get what they want, you can get what you want." That's straight from the mouth of Zig Ziggler. He also stresses the fact that it is far more important to listen and to understand the needs of your Sellers than it is to push your own agenda or expertise. "First seek to understand and then to be understood." which is a quote from the late Stephen Covey who wrote; The 7 Habits Of Highly Effective People. Andy truly embodies these principles in his approach to life and business. The biggest take away from our interview, is Andy's approach to helping and serving people first and foremost, putting your own desires and priorities second. Every Creative Financing Deal begins with meeting the needs of your Sellers. Hope you enjoy. 

To meet Andy in person and be a part of an incredible event visit: https://fliphackinglive.com/2020. This is a high level,  3-day event that brings you the best of the best in the industry today.

And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

This episode is about structuring a deal on properties that Sellers are asking close to fair market value. These are the kind of leads every wholesaler or Flipper out there passes on because there is not a big enough margin in it. But there is another exit strategy that works very well for this scenario and that is wholesaling it to an Owner Occupant or selling on Owner Finance. You can collect a wholesale fee up front or stay in the middle for a number of years for cash flow with a big payday on the back end when your Owner Occupant buys the property. Learn how to do this and you’ll never have a shortage of leads or deals. Enjoy!

And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE. 

This episode is all about deal analysis. We talk about a deal that Jeff found on a Facebook group. We break down and restructure the terms to create better creative financing offers. This is a great episode if you are still learning how to create offers. If you can, follow along with your financial calculator. One of the biggest takeaways is not looking at this deal as a long term rental but rather as a wholesale or flip. And by having the Seller continue to carry the financing using substitution of collateral, therefore creating capital that you can tap into for multiple deals and use in multiple ways. 

And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

On this episode we discuss how you can use other assets you may own as additional collateral to buy properties. For example if you have a property that a Seller is asking 20K down and is willing to carry a note, and you only have 10K but you also own a truck free and clear that's worth 30K, you can offer the Seller the title to the vehicle as cross collateral there. Or if the roll was reversed you could accept other assets as additional security on a note.

And a great way to use cross collateral as a lender is to place a trust deed or mortgage on different properties your borrower may own to secure one note. For example if you have a borrower who wants to buy a flip property and that borrower also owns a rental property, you can lend money on the subject property in first position and record a second mortgage on their rental property. This is an awesome way to get more security on your money and/or offer additional security to your lender if you're the one looking to borrow money.

And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

This episode introduces the concept on how to extend your term with Sellers when you add a blended interest rate. This is a method that allows you to create a longer term with a Seller (if they are fixed on a specific/higher interest rate) by adding a second note and mortgage after a predetermined term. In summary, you can create a lower cumulative average interest rate by creating 2 mortgages and notes at different interest rates, (one lower for a number of years and one higher) with a Seller, secured by the same property that creates a win/win scenario for you and the Seller. The objective is to create long term Seller financing by offering a larger interest rate after a lower introductory period at a lower interest rate. This allows you, the investor, to make a better return up front with principal pay down, and offers a higher interest rate to the Seller, on the back end, for a better return for both parties over the long run. This is a more advanced strategy and one that you need to put into your toolbox, so enjoy!

And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

On this episode we interview Josh Zieglowsky about how he uses creative financing for investing in commercial deals. We talk about how Josh negotiates long due diligence periods on residential properties that are suitable for retail and light commercial, in order to get zoning change and find retail tenants on triple Net leases. Also how he partners with Sellers on deals for development opportunities. Hope you enjoy learning about these new strategies.

Josh Zieglowsky is the founder and president of The Chandler Group. He has built The Chandler Group into an integrated and successful firm. Josh’s primary responsibilities include asset and portfolio management, broker relations, investor and client relations, banking relations, economic and demographic trends, market analysis, due diligence oversight, financing oversight, acquisition and disposition strategies, transaction oversight and business development. 

And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

On this episode we interview Josh Zieglowsky about how he uses creative financing for investing in commercial deals. We talk about how Josh negotiates long due diligence periods on residential properties that are suitable for retail and light commercial, in order to get zoning change and find retail tenants on triple Net leases. Also how he partners with Sellers on deals for development opportunities. Hope you enjoy learning about these new strategies.

Josh Zieglowsky is the founder and president of The Chandler Group. He has built The Chandler Group into an integrated and successful firm. Josh’s primary responsibilities include asset and portfolio management, broker relations, investor and client relations, banking relations, economic and demographic trends, market analysis, due diligence oversight, financing oversight, acquisition and disposition strategies, transaction oversight and business development. 

And to get special access to a step by step video on how to structure create financing offers, text CFP to our hotline at 877-409-8090 or click HERE.

On this episode we talk about the 3 kinds of deals that will be most prevalent in a market downturn such as the one we are facing right now. As we have said before, creative financing works in every market but especially in a recession or market downturn and that's because when property owners have little to no equity you can still structure a deal using terms. And knowing how to use various methods of creative financing is key. You can acquire many properties with relatively little liquidity. So listen to the 3 scenarios we go over and the examples we give. Happy Investing! 

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.

On this episode we talk about the 3 kinds of deals that will be most prevalent in a market downturn such as the one we are facing right now. As we have said before, creative financing works in every market but especially in a recession or market downturn and that's because when property owners have little to no equity you can still structure a deal using terms. And knowing how to use various methods of creative financing is key. You can acquire many properties with relatively little liquidity. So listen to the 3 scenarios we go over and the examples we give. Happy Investing! 

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.

On this episode we talk about the 3 kinds of deals that will be most prevalent in a market downturn such as the one we are facing right now. As we have said before, creative financing works in every market but especially in a recession or market downturn and that's because when property owners have little to no equity you can still structure a deal using terms. And knowing how to use various methods of creative financing is key. You can acquire many properties with relatively little liquidity. So listen to the 3 scenarios we go over and the examples we give. Happy Investing! 

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.