Nathan Payne explains why he buys homes at steep discounts: to cover overhead, protect his family's income, and buffer against renovation surprises that eat into profits. He taps a network of cash buyers willing to pay more, asking permission to present deals to them as a collaborative risk strategy.
Chapters
This is the painless way. This is how I like to do it. I like to say, look, if, if it's with— if it's close, this is what I do. For me and my company, because, you know, we have a lot of, uh, overhead, we want to make sure that, you know, I got to feed my family, I got to buy it at a deep discount. Not because I'm trying to like just take it from you, I just need to have that margin so I can be safe. Because I've gotten— you can explain this because, you know, I've gotten deals where when you start flipping stuff, it just You find out more problems, the house gets more expensive. So for me, that's usually where I'm gonna be. But I actually know a couple people in my network that I think might be able to pay more than I can. I'm not sure, but would you— would it be okay if I just ran this by a couple of my— the cash buyers that I work with, that I partner with on deals?