Investing in Real Estate with No Money Down | BiggerPockets Podcast #92

[@mrkrabs622]

Show starts at 7:00

[@TheBalloonBandit]

Really loved the show. I will be joining Bigger Pockets. I have been collecting real estate info for about 2 weeks now. My only issue is I am penny-less from a long hard divorce which cause me to loose my job, my money, my car and contact with my daughter. I really want to regain what I once had and be a better person for my Kids. I am now taking anti-depressants for my clinical depression and am filling more inspired to change my life for the better. So thanks for the shows. They are very helpful and informative. JC

[@JKLM_Family]

Amusement with a Twist ... did you ever get to invest or get property?

[@JarinXeno]

Went MGTOW now he is a millionaire.

[@byredsirens6330]

Hi, please post the article, "What to do when tenants don't pay rent".

[@Mariusann68]

this has to be the luckiest guy in real estate history

[@wilbertd7387]

I enjoyed your informal, relaxed but value packed interview. I also liked the Letter Of Intent tips.

[@AxelBuendia]

Josh and Brandon, you make RE Podcast Fun and Amazing! You are Funimazing! Seriously, you guys are awesome!

[@dire67]

Listening to this, knowing what little I know, I think I'll do fine. Thanks for the encouragement.

[@selinabanda8789]

This is what I call determination and listening to your intuition. I like it

[@IAmAwesomeSoAreYou]

Great podcast! I find Brandon's strategies and stories very interesting. Keep it up!

[@kasayounga330]

Great cast, just getting back into it. See you on BP. I enjoy the detail, makes things real!

[@FastEddie3000]

Shane Ratzell I wasted the last few days trying to find good content to no avail. These guys are a joke. Unsubscribing

[@davidleal1266]

wow such an amazing podcats! I came just to know a little bit more about the book, and to do decide if i should buy it or not. I was expecting to watch only 10 min of the video and I end up watching it all . And now I joined all your social medias and I'm thinking of buying the whole package. First time this happen, I tend to be really picky. Great job, keep it up

[@UnicornMeat512]

I dig it. I've been looking for ways to invest my money and you've sparked my interest. I've subscribed and look forward to watching more of your videos.

[@sheikareid6601]

Hey. This is a great video. For people who are first starting off, if we want to shop around partnership opportunities, who carries the costs over the duration of the loan? Like the taxes and monthly payments? Also, can you speak to finding the right partner if your dad isn't able to support you?

[@loribray17]

love listening to you guys! so fun and empowering. thanks

[@Lawrence_of_Asia]

Thanks for the brilliant podcast’. You guys are adding so much value to folks! 🙏🤗🙏👍😝🙏

[@LK-pc4sq]

Brandon, Still do not understand how the bank was able to qualify you for your first loan if you did not have any credit?

[@jacobdavid3183]

in 2007 the bank would approve anybody, even with bad credit. which is why the market crashed in 08

[@ZAMISTUDIOtv]

Do you have a station on xm radio, how would I listen in my car?

[@maikelkhella3608]

Hey Brandon, I wanted ti know if the strategies described in your book could be used internationally. I am in Italy and would like to read your book, but I wanted to know the kniwledge was specific to US or whatever (ex.: laws, ecc...) Thank you very much!

[@QualityChildcare1]

Is it better with start with a single family home or 2unit etc..?

[@VDMpeniel]

Guys, how do I learn the basics of this. The numbers, for example????

[@kathynguyen2295]

How funny,, I've been following Bigger Pockets now for few months and thought it was Brandon Turne and David Greene's show/podcast until today.

[@markbedoya1450]

I'm upset that I can't find the audiobook for rental property investing written by brandon turner. It was on youtube not long ago. I bought the book to follow along and now I can't find the audio :(

[@powerballpythons]

Mark Bedoya It's on Audible. Btw the narrator is terrible.

[@CSquared360]

Great podcast man! I will be revisiting it in the future. I want to go to other countries and do real estate. Dubai, Ethiopia and Brasil. I have been to all these places and have some good connections there...

[@janbailey-smith3164]

Where can download the Cold Calling Scripts fir the leads and opportunities? I want to learn.

[@LeaShiip]

Starts at 6:00

[@southbrookplantation778]

Love this story!

[@byredsirens6330]

Pretty awesome podcast; informative and fun.

[@SeanPGribbons]

No money down financing is great you have to know what you’re doing but I’ve done several deals and have had great success.

[@TtTt-qx3hz]

such a long podcast ,it doesn't really seem to say much of anything

[@ashburnconnecttv7860]

Too much chit-chat - HELLO!

[@AaronBowman]

Love the content

[@sarataylor8374]

Is there by chance a list of those people who have the funds to invest but don't want to do the work, that are looking for people like me to get the job done? A list of those who want to partner up?

[@yupyup4049]

Someone please help me I'm 17 and want to get my real estate license when I'm 18 and also what to get into real estate investing i don't have a lot of money to and where I live (hawaii) house don't go for 80 grand more like 800 thousand. Please someone help me

[@marctrevino2892]

lmao. Throw pounds of chocolate. He really did contemplate killing the dogs.

[@RecoveredRidleyTruther]

Facebook online yard sale use how I found tenant buyers for my lease option

[@sarataylor8374]

What is pop? Yea you need to be from up North to know that lol...love it!

[@JarinXeno]

I keep seeing people talk about using resident managers. I would rather a pay a professional. Why not go with a management company?

[@doloresgercar8788]

Jay Kaulitzke ,high cost to manage the property

[@Akeem.nyc8]

I am 15 years old finding this interesting. What should I major in college?

[@brandongodbolt3612]

Business Management

[@MomciloUzunovic]

You don't need a collage. You're attending one here and right now on this podcast. All you need is motivation and passion for what you love.

[@paulrosenberg5164]

you definitely don't need advice from someone that tells you not to go to 'collage'

[@StudiosJJay]

This seems interesting.

[@marcussmith1286]

Good stuff I will acquire 30 units years and retire

[@doloresgercar8788]

I'm older now & have 7 properties that I want to sell 2 of them. One of them needs work & I will be taking a big loss but just can't fix it up because health reasons. plus just can't find a honest contractor

[@passiveincomeac]

good stuff

[@TucsonExtendedStay]

#R Turner What is pop? Yea you need to be from up North to know that lol...love it! @Mr Krabs

[@TucsonExtendedStay]

#Phyllis Rockower man you guys don't look anything like I imagined. I thought of Josh as being a scrawny guy in his mid 20s @Luis Anthony Rios

[@JaysonMassey]

Brandon, Did you share info on how to look like a super tough lumberjack? Asking for a friend.

[@williamv9963]

+Micah Queen you can look into FHA loan with a 30 year fix.

[@vinbuscusC]

How do you buy a 500 grand apartment complex with a minimum wage job? You made like some money on other houses but I don't understand.

[@randyn2934]

you can't aim lower and start small then grow into $500k stuff gotta be patient buddy.

[@usheffi]

you need money to flip though and dad backup lol

[@94rosales]

I think if the people in the comment section spent more time on bp and listened to their podcasts, they wouldn't mind hearing these guys yap for 2hrs lol love the podcast guys

[@jacobhardman6901]

You said time for a quick tip but then you just promoted your book lol

[@tespiller]

@82 bottles Correct.

[@xxxxx913]

Brandon's face is same color as his shirt (red) :D just kidding , love you guys!

[@luisanthonyrios401]

What if you don't have a track record.

[@Van-..-z._-_z.-._-._.-z.]

Or a wealthy Dad or a market Pre 2008 where you could buy anything anywhere

[@biggerpockets]

82Bottles Hah that would be nice (this is Brandon). But my parents have never made over $50,000 a year in their life, and only the first house was purchased before 2008 :)

[@rocpilon]

82Bottles Luis Anthony Rios Pretty sure you could create one if you got rid of your excuses and self limiting beliefs.

[@Van-..-z._-_z.-._-._.-z.]

Roc Pilon Roger that

[@REICLosAngeles]

Luis Anthony Rios FSBOS dont ask for track record.

[@miamiheat42193]

"cans of pop?" lmao

[@rosequeen7829]

I'm 20 and I want to buy a house I have no credit and little to no money , where can I go to get a loan , please help

[@biggerpockets]

+Micah Queen You are in the same position as MANY others. You can look to private lenders or hard money. Unfortunately, most lenders require a minimum credit score of 640 and a work history of 2 years which is what gets a lot of young investors. Check this article out - www.biggerpockets.com/renewsblog/2016/03/23/start-taking-action-real-estate/ I hope this helps! Either way, keep going and don't stop!

[@Ivanachuljakcribb]

+BiggerPockets how can you find a hard money lender and the ones i've found only give loans to flip a house and the interest rate is like 12% .... so lets say I buy a house and flip it and it sells .... by the time I pay off the lender you probably won't make a dime

[@timanderson5514]

Your dad

[@investmentpropertybar]

Hi Ivana the intererest rates are high however as an investor factor that in. This is one of the reasons as real estate investors we have to get houses at a huge discount to be profitable after all the expenses we have to pay.

[@investmentpropertybar]

I started with family and friends. You would be surprised that people you know already have money and they are looking for ways to make more interest than the banks are currently paying.

[@FinancialFiguresandFacts]

is Brandon Turner rich?

[@paystar3436]

His parents are most likely according his first by STORY. FACTS do not add up bought the banks during that period. Not a guess... I was successfully invested during years 2000 era used OWNER FINANCING as only way.. Banks no credit or property.. no ways unless your friend somehow owned a bank !!!

[@nameredacted1325]

How to invest in RE with no money down tldr: 1. Get a loan during a boom when lending standards are lax 2. call Brandon's dad and get the money from him. Your welcome 👍

[@paystar3436]

Wait ... the bank approved a loan... your LUCKY DAY ! So... no appaisal or B.P.O. required to qualify for the LOAN ? So.. where did you get the 25k rehab money from ? What bank would conventional loan you a construction or rehab loan WITH NO CREDIT ? DATE 2019.. yeah Private money is available now based on property value with 1st position on your title... but banks today cannot even clear a check from another bank for $2000 WRITTEN on the bank your trying to cash it at.. bank states ".. there will be a waiting period .. to cash this LARGE OF A CHECK. " Or.. put a $2k check that is good from Chase Bank into my Credit UNION and each bank blames the other that the money is not to be found by either bank for 10 days !!! Banks.... no. Private Money maybe. So not helpful Brandon. Wish it was.. but my current experience is and facts about banks at the moment are contrary to what your saying unless your parents signed for you to get loans for property to buy. Curious.. but info just not helpful (with Bank Qualified Real Property Loans that are not available to people with no credit that do not own any property at the moment. ) Dissappointed .

[@LK-pc4sq]

WOW LOL if you did not come up with other properties to buy and rehab, your contractor would have no work and would not pay you rent for the place you rented to him. Funy ;)

[@tena210]

20:24

[@chrisa7672]

Cool it with the jokes and just give us the info.

[@FastEddie3000]

Chris A for real. Top ot off with Dumb ass jokes. Lol

[@tonyoliver2330]

man you guys don't look anything like I imagined. I thought of Josh as being a scrawny guy in his mid 20s

[@andrewcoulson574]

Life Hack: showing a house with noisy dog neighbors? Grab some meat. Make into a ball. Cover in tons of peanutbutter. Toss it over. Disclaimer: not responsible for any legal action that follows. Double disclaimer: this is a joke. Please don’t attempt. Turns out people don’t like that.

[@bryanpereira5442]

Didnt talk about how to prospect with for sellers with no money down, how to reach out to hard lenders, etc. partners, lease options, very poorly done!

[@mrkrabs622]

Thumbs down because 5 and a half minutes in and the show still hasn't started.

[@FastEddie3000]

Mr Krabs every show is like this. The last one I tried watching didnt start for 15 minutes. Just messing around laughing for no reason then not much content when it's all done

[@Urielgamboa94]

Have gotten nothing out of this already listened to 12minutes... have gotten nothing out of this Just his little bouncing everywhere stories Answer the topic guys lol

[@TucsonExtendedStay]

#Gr. Young Is there by chance a list of those people who have the funds to invest but don't want to do the work, that are looking for people like me to get the job done? A list of those who want to partner up? @daddy_ax

[@TucsonExtendedStay]

#computerfastrepair #ChilledLion Damn I wish I had a dad. @Lorin K @David Leal

[@jamesbridgman7933]

Extended Stay Tucson

[@chrisdorsey5453]

So essentially. You need a rich daddy to get you out of trouble. Smh! Useless

[@christianperdomo7701]

U guys talk to much

[@robertwelch8346]

more like a comedy show to me. childish

[@lt6731]

BP is BS just my observation.... Never solid relating information always some kind of help or luck involved then self praising for hard work lol really I've listened closely to you and You really didnt do anything on your own

[@parishilton6727]

lol what a crock of crap