BTM184: No and Low Money Down Home Loans with Matthew Gouge
Does your mortgage broker invest in real estate? If not – It’s possibly one of the best way to make sure that they have your best interest at hand as an investor. The only way to think like an investor is to be one.
Today’s guest, Matthew Gouge aka Matt The Mortgage Guy negotiated over 250 loans last year alone for his clients – all while actively building up his real estate portfolio of single family homes and small multifamily residences. On today’s show we discuss exactly how first time homebuyers as well as seasoned investors can take advantage of the popular no and low money down loan programs that are offered to most people. With interest rates at an all time low, what are you waiting for?
Key Points From This Episode:
- The difference between the 4 no and low money down loans
- The power of house hacking a 4-plex
- Why the 2021 real estate growth is nothing like the 2006 real estate growth
- Why Matt doesn’t recommend a down payment assistance program
- How to use a owner occupied mortgage to grow your investment portfolio
Links Mentioned in Today’s Episode:
Recommended Book:
Shoe Dog by Phil Knight
Lifestyle Design App:
BTM180: The Biggest Problem Deciding Your Real Estate Way To Wealth
Ever thought about using real estate investing as a wealth vehicle but never quite made the jump?
It can be terrifying for many of us but with just a little faith, it tends to pay big dividends – figuratively and literally.
There’s no arguing that there’s a wealth of knowledge out there in terms of different ways to invest in real estate. This podcast on its own has been able to procure guest after guest who’ve made their millions in real estate.
The question is…
How does all of this help you? What should you listen to and what should you filter? How can learning someone else path to real estate wealth help/hurt your own process?
The waters are murky and many find themselves paralyzed for this exact reason. This episode was created to guide you safely and sound (and dry) across the chasm to your ideal lifestyle design.
Links Mentioned in Today’s Episode:
BTM175: The Making of 62 Passive Income Streams thru Music and Real Estate with Bryan Miller
Today’s guest, Bryan Miller, is an artist by day and investor by night.
The award winning musician has built an investment portfolio with 60+ streams of income and enjoy a portion of the cash flow from 25,173 rental units which include single family rentals, self-storage units, mobile home pads, retail strip malls, trust deeds and multi-family apartments.
It’s easy to think that very few could reach these accolades until you realize that Bryan started out by cutting costs and saving $800 per month for 3 years to get the ball rolling. His story goes to show that when you combine financial literacy with massive action, the results can be outstanding.
Todays episode comes with a breath of inspiration as well as a few potential income streams to consider for your own portfolio.
Links Mentioned in Today’s Episode:
Recommended Book:
The Millionaire Real Estate Investor
Listen to this books for free with Audible!
Lifestyle Design App:
BTM143: Top 2020 Real Estate Investing Strategies (Debunked & Explained)
What are the top strategies that new real estate investors should look into this new decade:
Flipping?
Rental properties?
Apartments?
Wholesaling?
Or creative strategies like Owner Financing?
Subject-to?
or maybe even a tenant buyer strategy or two?
On today’s episode, not only will we take a deep dive into each of these strategies but we’ll discuss what’s working in 2020 and how to select a vehicle based on your goals, experience, resources and timeline.
This is a fun filled jam packed episode that is going to expand your thinking when it comes to risk and no money down strategies in real estate as well as serving sellers and buyers as an investor while still making massive profits.
Key Points From This Episode:
- What the Motivated Seller Method (MSM) is and how to implement it today
- How to profitably overpay for properties
- How to get a deal done with any seller in any market
- Massive profit exit strategies for your investments
- The idea of serving
- How Daray navigated through these strategies in the past 4 years
- Another way to use OPM (Other People’s Money)
- How to structure 3 large paydays for every deal
- Cash Flow vs. Lump Sum Cash and how to get both simultaneously
Links Mentioned in Today’s Episode:
BTM142: Student Spotlight – 46 Leads, 1 Contract & $40,000 in 5 Days (risk free)
Today’s episode features one of my very own coaching clients who just got started building his real estate empire.
We go behind the scene of one of our private one-on-one coaching calls to show you the strategic planning that goes behind the 40K checks on the deals that we do.
You will also get to witness a live seller call smack dab in the middle of my coaching session with Josh. This live seller call will be invaluable to your understanding of an initial call with a homeowner and negotiating tactics.
Josh, today’s student spotlight, and all of the Before the Millions coaching clients are building up their real estate empire using the Motivated Seller Method, the most comprehensive program for profiting from real estate deals with motivated sellers and the only implementation course of its kind.