Master creative financing and you beat other investors. One speaker closed a $20 million multifamily deal with zero bank debt by structuring the capital to fit the property, not the other way around. Find the deal first, then build the financing around it.
Chapters
It's all real estate specific. It's what keeps it creative. Real estate's an imperfect market. Nobody knows everything at the same level of all the other players in the space. And so if you have competitive advantage because you know how to structure creative deals, you can take advantage of an imperfect market. If you know how to structure different debt structures, you can buy real estate without any money. But it just comes down to you find the deal and then you structure the debt. And if you can't get 100% debt, you structure the equity.
And it's always in that order. It's deal first because you're going to customize your debt and equity to the deal. And this is how you're able to do 20 $20 million in multifamily real estate with zero bank debt is this way.