Welcome to a new episode of Get Creative! Today, we have Gregory Crane, a member of the Gator Tribe and the Subto community. In this episode, Gregory shares his journey into real estate investing, highlighting a successful private money partnership deal he executed in Knoxville, Tennessee. He discusses the importance of networking, creative financing strategies, and how collaboration within the community has helped him thrive.

Highlights:

"Networking is key; meet as many people as you can."

"A wrap exit allows buyers to bypass traditional mortgage hurdles."

"You can get paid three ways in a wrap deal: at closing, monthly cash flow, and upon sale."

"Resilience is crucial; not every deal will go smoothly."

Timestamps:

01:06 Introduction of Guest: Gregory Crane

01:41 Gregory's Background in Real Estate

03:58 Importance of Networking in Real Estate

04:26 Understanding Wrap Exits and Their Viability

06:24 The Buyer’s Situation and Deal Structuring

07:23 Marketing Strategies for Finding Buyers

11:02 Role of Transaction Coordinators in Deals

13:18 Growth Through Community Engagement

15:03 Resilience in Real Estate Investing

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