69 min listen
344: “No Money” Real Estate Investing with Gabriel Hamel
344: “No Money” Real Estate Investing with Gabriel Hamel
ratings:
Length:
78 minutes
Released:
Aug 22, 2019
Format:
Podcast episode
Description
Over 25 seller financed deals in a few short years! Today’s guest, former service member (and diamond pushup world record holder) Gabriel Hamel, sits down with Brandon and David to share how he built a portfolio of over 140 units (in an expensive market) using creative methods and seller financing to make deals where other investors miss them!Gabriel shares how he started investing in a tough market and used sub-prime lending (successfully) to house hack his first few properties. He gives some awesome advice on approaching sellers with seller financing proposals, structuring the offers, and showing them how it’s a win-win. He also gives great advice on finding gentrifying markets, walking away from closings with money in his pocket, and applying a mindset to real estate investing that helps him succeed in all aspects of life! Gabriel has very practical, down-to-earth, useful advice and shares it willingly.This is an episode for both newbies and experienced investors to download today!Listen to the full episode here: http://biggerpockets.com/show344In This Episode We Cover:Started with sub-prime lending and it worked outHouse hacked his first and second homeOwns 140 units nowHow he got started buying properties in a scary market from 2009-2012Why he began with seller financingHow he found his first off-market dealsSeller financing wizardryWhat he looks for in improving neighborhoodsHow he’s been able to walk away with cash at closing—better than no moneyWhy he focuses more on terms than just priceHis advice for having a success mindset in ALL areas of lifeWhat he looks for in a dealHow he scaled to over 100 unitsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelBrandon's InstagramDavid's InstagramWant to host your own BiggerPockets podcast? Pitch us!GoBundanceSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 22, 2019
Format:
Podcast episode
Titles in the series (100)
#13: Buying Real Estate with Seller Financing and Speculating with Leon Yang: Traditional cash flow investing and bank loans are the most common methods used for buy-and-hold investors, but it's not the only way. Today’s episode of the BiggerPockets Podcast looks at some alternative methods of real estate investing that we... by BiggerPockets Real Estate Podcast