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345: 69 Doors from ONE Real Estate Deal Using Other People’s Money w/Andrew Freed

345: 69 Doors from ONE Real Estate Deal Using Other People’s Money w/Andrew Freed

FromReal Estate Rookie


345: 69 Doors from ONE Real Estate Deal Using Other People’s Money w/Andrew Freed

FromReal Estate Rookie

ratings:
Length:
52 minutes
Released:
Dec 5, 2023
Format:
Podcast episode

Description

Taking down a $6.5 million real estate deal might seem like an unlikely feat for a rookie investor, but it’s not if you use other people’s money. When today’s guest had a large portfolio of multifamily properties fall into his lap, he exhausted all of his resources to bring it home—dodging multiple curveballs along the way!
In this episode of the Real Estate Rookie podcast, we’re diving into the world of syndication with investor Andrew Freed. Real estate syndications can be a great way to build a real estate portfolio without using much of your own money, but this investing strategy also requires careful planning and coordination. The biggest challenge for most investors? Raising capital. And that was certainly the case for Andrew, who only managed to scrounge up the funds he needed during the eleventh hour.
While you may not plan on tackling a multimillion-dollar syndication deal any time soon, there are several important lessons that every rookie investor can take away from Andrew’s latest deal. In this episode, you’ll learn how to find the BEST deals through local real estate meetups, how to raise a TON of capital by leveraging your own network, and how to bring a deal to potential investors!
In This Episode We Cover:
How to build a large real estate portfolio using other people’s money
Finding RARE deals by attending your local real estate meetups
Leveraging your network to raise capital for syndications
The best ways to present a syndication deal to potential investors
How to negotiate financing terms on a large commercial loan
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Ask Us Your Investing Question
Apply to Be a Guest on the “Real Estate Rookie” Podcast
Grab Your Copy of “Real Estate Partnerships”
24 Units in 2 Years by Making Your Rentals Match the Market w/ Andrew Freed
Use the BiggerPockets Glossary to Learn Key Real Estate Terms
Learn More About Tony’s Latest Syndication Deal
Get Your Syndication Questions Answered by SEC Attorney Bethany LaFlam
Connect with Andrew:
Andrew's BiggerPockets Profile
Andrew's Instagram

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-345
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com
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Released:
Dec 5, 2023
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.