Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Sunk my Million Dollar Yacht

26 Nov 2024 · 1 min

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0:35

In this brief monologue, the speaker boasts about acquiring a million‑dollar yacht, a seller‑financed house, and a $4.5 million resort—all with zero out‑of‑pocket cash. He claims these deals, along with hundreds of other rental properties, were funded creatively using seller financing and Section 8 government‑backed strategies, allowing him to achieve financial freedom without any personal capital.

Chapters

This is my million-dollar yacht. No, seriously, that's my only yacht and I let it sink because I got it for free. It came with that seller-financed house over there, which makes me actually a lot of money. I bought it $0 out of pocket. And that resort over there, I also own that. $4.5 million seller-financed, $0 out of pocket. I bought financial freedom on deals like these and hundreds of other rentals, no money out of pocket. Found the deals for free, funded them without any money. I even used Section 8 strategies to buy great multifamily in excellent markets all around the country. Government-backed checks. It's been absolutely amazing. I've been able to do this because we got a little bit creative when we didn't have any money.