Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

What Was Your First Real Estate Deal Like? #shorts

20 Jul 2024 · 1 min

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0:43

In this YouTube short, the speaker recounts their first real estate transaction, describing it as a textbook example of a zero‑down deal. A motivated seller of a vacant property, eager to avoid commissions and unable to meet their price expectations, agreed to sell. The speaker’s team quickly listed the house, and a qualified buyer with a solid down payment and reliable monthly income stepped in and purchased the property immediately. The narrative highlights the key elements of a creative, low‑risk acquisition: motivated seller, no down‑payment requirement, swift market listing, and a financially stable buyer.

Chapters

I think the highest point would be just like a textbook deal, right? Where we got in zero down, the seller was your typical seller who just couldn't sell their house for the price they wanted, didn't want to pay commissions or fees. It was a vacant property. So they were just, they had an additional cost per month and needed a different creative way to sell it, right? We came in, swooped up the house, put it on the market, and a buyer Right away came in a very qualified buyer with a decent down payment and, you know, great income monthly to support it.