Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

There are dozens of ways to use creative finance! $0 can buy any property

21 Mar 2024 · 1 min

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In this segment, Christian Osgood explains that the majority of his real‑estate portfolio has been acquired through creative financing, especially over the past year. He notes that while many investors were focused on price, rising interest rates forced a shift toward securing favorable terms. Osgood’s most recent deals were financed with hard‑money loans, allowing him to win on price despite higher rates. He highlights consistent success with hotel acquisitions, the purchase of an RV park, and a detailed case study of a 25‑unit waterfront property bought for $375,000 that is projected to stabilize at around $1 million. The property requires septic/drain‑field work and collection improvements, which Osgood identifies as areas within his expertise.

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So how did you finance it? Did you buy them with creative financing or— Yeah, so I bought almost all my portfolio with creative financing, especially the last year. I think a lot of people still really wanted the price they could get the prior year, but interest rates had doubled or tripled. So it's like we won on terms a ton. Last two transactions I did were both done with hard money. Hard money because we won on price by a ton on these. And with the hotels, that's been really consistent for me. We also bought an RV park. Also on the water, same, same water that our resort's on. So this one makes a little bit more sense for us. This project, we bought it for $375,000, 25 units on the water. It's valued at around $1 million when it's stabilized. It just has a shot septic drain field and needs to work on its collections, which is like super in our wheelhouse.