Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

over 1 MILLION on my first deal‼️ #realestateinvesting

13 Jun 2025 · 1 min

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In this concise monologue, Christian Osgood recounts how his very first real‑estate transaction generated over a million dollars in profit without any personal cash outlay. He purchased a long‑listed property that had been on the market for 12 years for $2 million, secured three strangers to each contribute $100 k for the down payment, and used seller‑finance terms to close the deal. After refinancing the property—now appraised at $4.2 million—he repaid the investors and walked away with a little more than $1 million in net cash. Osgood emphasizes that the result was not luck or market timing but a repeatable strategy involving seller financing, partner capital, and strategic refinancing. He ends with a rhetorical question about a “38‑plex,” inviting viewers to consider scaling the approach.

Chapters

While other people were busy flipping their first house, the first property I renovated, I was able to keep. I bought $0 out of pocket and this made me over $1 million. One deal right off the bat, 7 figures. Was it just lucky? Was it just the market? I don't think so. This thing was on market for 12 years. Anyone could have bought this. It was a significant project. There's a lot of people not paying, but the price was amazing. I got 3 people I never met to believe in me, give me $100,000 to do the down payment here. When we refinanced, we paid them off and pocketed a cool million dollars. Actually, a little north of a million, but you get the point. We bought for $2 million, it appraised for $4.2 million. Now we have this whole thing without any partners. This is how you play the seller finance game. What color is your 38-plex?