016: Wholesaling and Seller Financing

We specialize in providing flexible short-term hard money and transactional loans for real estate projects. We also invest in equity of strong real estate projects with proper leverage and strong sponsors.

016: Wholesaling and Seller Financing

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My guest today is Larry Goins, master blaster of wholesaling real estate and seller-financing. I met Larry at the Collective Genius Mastermind, we have known each other for many years. Larry has 30+ years experience in a wide variety of real estate. Today we focus on his Filthy Riches program and his HUD strategy.  Larry offers some great advice for my listeners today and delivers a wonderful episode.

MINUTES MARKERS

00:00 — Introduction to the Big Mike Fund Podcast.

00:23 — Welcome Larry Goins to the podcast.

01:50 — Larry’s life on the lake and his passion for real estate.

03:46 — Larry’s most successful deal to date.

04:30 — Larry’s books and general real estate experience.

05:04 — Why Larry focuses on wholesaling and seller-financing.

05:30 — Why real estate investors need to be marketers as well.

06:25 — The basics of seller financing and the Filthy Riches program.

07:00 — How Larry creates a Filthy Riches property.

08:50 — When Larry decides to do a contract for deed arrangement.

12:00 — How contract for deed varies state to state.

12:44 — Larry’s HUD experience and his strategy.

14:05 — Where to find Larry’s book HUD Homes Half Off.

15:00 — Larry’s favorite books.

17:25 — Why Traction is a great real estate tool.

18:00 — Larry’s favorite production tool.

19:10 — Larry’s opinion of the current market.

21:06 — A deeper look at value investing and cash flow investing.

21:45 — Larry’s contact information.

22:46 — Larry’s parting words to the audience.

23:07 — Thank you to Larry for joining us.

23:15 — Outro to the Big Mike Fund Podcast.

RESOURCES

Filthy Riches

HUD Homes Half Off by Larry Goins

Lessons from the Richest Man Who Ever Lived by Steven K. Scott

The 4 Disciplines of Executions

Traction — Gino Wickman