I Bought a 3-Unit with 5% Down @ 0% Interest!

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Welcome back to another video! In this episode, I dive deep into the strategies and steps to purchase a house without using any of your own cash or credit. From finding deals to underwriting them for maximum profit, I'll guide you through the entire process.

This video isn't just talk (Not on this channel!) - I'm here to show you real results. With transparency at the forefront, I'll show actual settlement statements, purchase prices, and even share property details, giving you a clear understanding of how these deals work.

Let's start with a recent example: a Triplex located in Phoenix. I purchased this property for $670,000 using creative financing. Breaking down the numbers, I took over a first mortgage, utilized seller financing, and secured a private money lender for additional funds.

But how did I find this deal? It's all about being active in your local market and leveraging social media. A shoutout to Allie (@alliekflanagan on IG) the real estate agent who connected me with this opportunity after seeing my presence on Instagram.

Now, let's talk about the transformation. From a rundown property to a stunning Triplex, the value-add potential was evident. With separate meters and room for expansion, this deal offered more than meets the eye. Plus, the option to add a fourth unit and potentially turn it into a five-unit property opened up even more possibilities for cash flow.

But what about the financials? I break down the costs, including the down payment, monthly mortgage payments, and potential rental income. With strategic planning and a focus on Airbnb, this investment has the potential to generate significant cash flow.

So, whether you're in Phoenix, or Las Vegas, and have multifamily properties on creative finance, I'm ready to connect. Let's turn your real estate goals into reality. Don't miss out on future deals - hit subscribe and join me on this exciting journey in real estate investing!

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