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WIP 1798: How to Leverage Other People’s Money to Close More Deals
Manage episode 499920488 series 2391406
If you’re struggling to close wholesale deals because of funding challenges, this episode is your roadmap. Peter Russell breaks down how to slow down, protect your profits, and strategically use other people’s money to get more deals done—without taking on unnecessary risk.
You’ll learn why having a money partner or financial backer is non-negotiable, how to avoid the headaches of transactional funding, and the importance of airtight contracts for both sellers and buyers. Make sure to check the TTP Training Program to get more success in real estate.
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Show notes:
- (0:50) Beginning of today’s episode
- (1:02) On slowing down in wholesale deals and focusing on transactional funding
- (4:30) Ending partnerships
- (5:02) Why transactional funding is a hassle
- (13:05) Protect your profits
- (15:14) Don’t go out making cash offers without a money partner/financial backer
- (22:20) Have a copy for both contract for your seller and buyer
----------
Resources:
- Velocity Advantage Capital Website
- Follow Pete on Instagram
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
1712 episodes
Manage episode 499920488 series 2391406
If you’re struggling to close wholesale deals because of funding challenges, this episode is your roadmap. Peter Russell breaks down how to slow down, protect your profits, and strategically use other people’s money to get more deals done—without taking on unnecessary risk.
You’ll learn why having a money partner or financial backer is non-negotiable, how to avoid the headaches of transactional funding, and the importance of airtight contracts for both sellers and buyers. Make sure to check the TTP Training Program to get more success in real estate.
---------
Show notes:
- (0:50) Beginning of today’s episode
- (1:02) On slowing down in wholesale deals and focusing on transactional funding
- (4:30) Ending partnerships
- (5:02) Why transactional funding is a hassle
- (13:05) Protect your profits
- (15:14) Don’t go out making cash offers without a money partner/financial backer
- (22:20) Have a copy for both contract for your seller and buyer
----------
Resources:
- Velocity Advantage Capital Website
- Follow Pete on Instagram
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
1712 episodes
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