Lifestyle Housing Radio
Ep. 132 - Buying Without Banks, with Kevin Bunzeluk
Key Takeaways:
- Once you figure out how to raise money, it's really quite simple.
- Whatever your challenge is, work towards overcoming it and then move to the next one.
- If you can make bank money work, it's a good option to consider.
- The bank is your partner, but if you don't go with them, you need another partner.
- When fixing properties, it's nice to not have a mortgage payment.
- Banks look at your background, private lenders are more concerned about equity.
- A partner should have a different skill set than you do.
- You need a partner that you like and work well with...are your goals aligned.
- Don't convince people to invest in real estate...if someone who knows they should invest in real estate and convince them to invest with you.
- Money partners are investing in you before the property.
- Under promise and over deliver to make your partners come back for more...having happy investors in important.
- If you want to grow a large portfolio without any of your own money, jv partners are a good way to go.
- Where do you find investors for your deals.
Kevin Bunzeluk is the host of LifeStyleHousing Radio. Click the 'about kevin' page to learn more.
Meet Kevin Bunzeluk at www.lifestylehousing.ca