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221: Getting $20k Cash And A New Rental From One BRRRR Deal
Manage episode 443983080 series 3441909
A tartalmat a DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
In this episode, we explore Ryan’s first BRRRR deal, where he turned a $1,000 purchase into an $85,000 refinance check—$65k of that covering renovation costs and $20k in pure profit. Learn how Ryan used the BRRRR strategy (Buy, Renovate, Rent, Refinance, Repeat) to secure a rental property and extra cash in his first year. If you’re ready to shift from wholesaling to long-term investing, this episode has the insights you need!
KEY TALKING POINTS:
0:00 - Introduction
0:44 - Ryan’s First BRRRR Deal
2:38 - Common Questions People Ask About BRRRR
4:23 - Clearing Up The Confusion About Refinancing
5:34 - Getting A Check For $85,000
7:42 - Another Common Misconception About Investing
8:36 - Taking A Closer Look At The Rehab For Ryan’s First BRRRR Deal
9:46 - Is A BRRRR Deal A Realistic Approach For New Investors?
11:30 - How Could New Investors See If They Qualify For Credit?
12:12 - What If You Don’t Qualify?
13:44 - Ryan’s Coaching Program
17:01 - Getting In Touch With Ryan For Coaching
17:42 - Outro
LINKS:
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Coaching: Ryan Haywood
https://www.skool.com/deal-flow-academy/
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
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