Interested in real estate investing... but wary of taking on debt?
That's the situation Sarah Brandenberger found herself in, and today shares her journey from a staunchly anti-debt "penny pincher" to a creative financier raising private money!
Sarah also gives us the goods on portfolio loans – including a ninja tip that allowed her to tap the equity in multiple properties and use those funds to take advantage of a smokin' deal. You'll learn what documents to bring when asking for a loan – whether you're meeting with a bank or a private individual. And Felipe throws in a Home Depot shopping hack for good measure.
Give Sarah a follow on Instagram (@nerdsguidetoFI) and let her know what you thought of this episode... and share this episode with a friend or family member who would find it inspiring.
In This Episode We Cover:
How Sarah changed her mindset about "good debt"
15-year vs. 30-year mortgages
The data and documents she shares with potential lenders
House hacking by turning her basement into a rental
Unlocking "the power of a cash offer" with private money
Tapping the equity on multiple properties at once
The loan that's invisible to other banks
Using checklists to estimate rehab costs (even when you're brand new)
Using Avail to manager her rentals
And SO much more!
Links from the Show
Real Estate Rookie Facebook Group
Felipe's Instagram
Ashley's Instagram
BiggerPockets Podcast
Cozy
Zillow
Buildium
Dave Ramsey
Mr. Money Mustache
Madfientist
Paula Pant
Stealthy Rich
BiggerPockets Forums
Rookie Podcast 01: From 4 Years of Analysis Paralysis to 4 Cash-Flowing Properties with Lauren and Kyle Clugston
The Home Depot
Avail
Rentals to Wealth
Investor Girl Brit
Real Estate Old School
Check the full show notes here: link
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