Financial Freedom in 3 Years by Scaling with Small Multifamily

Рет қаралды 42,674

Күн бұрын

Пікірлер: 28

@netkev92 7 ай бұрын

I enjoy the shorter rookie format. Soaking them in like articles during my drive to and from work. I’m listening for the next tidbits for growth.

@NikkiDontStop 8 ай бұрын

Amazing content, loved the guest! Thanks for sharing. Definitely have him back on!

@ArchlineCapital 8 ай бұрын

Thanks Nikki, glad you enjoyed the content!

@themultifamilywealthpodcast 8 ай бұрын

Amazing content! Many investors fail to find good deals because they haven't analyzed enough properties. Analyzing multiple different properties is really crucial for successful real estate investing.

@ArchlineCapital 8 ай бұрын

Appreciate the comment! You're spot on. The flip side of analysis paralysis is not taking action-- just start "muddying" through deals and people will start to realize what's needed to succeed.

@Terazmus 2 ай бұрын

How do you guys analyze deals currently?

@mrjcolbert1 5 ай бұрын

Good job Dan! I was in the IROP class with you last year. Wishing you continued success in the future!!!

@Royaldane375 3 ай бұрын

Superb guest! Really good episode. Need to have him back to dive into specifics! PS: BP now thinks it owns its guests by not providing their direct contact info. I don’t care about his BP profile, get me his direct contact info!

@delontamcclain4571 8 ай бұрын

Thanks for the awesome content (some horror story, lol) very informative. Keep the episodes coming !!!

@ArchlineCapital 8 ай бұрын

Thanks for the feedback! In the moment, it seems insurmountable, but looking back you realize how much you can overcome.

@apartmentinvestingforbeginners 7 ай бұрын

Great video. I'm looking to do the same. I got a deal on a small cost of entry and I will own a 5 building 28 door portfolio

@richardjudge2322 8 ай бұрын

Thank You Tony and Ashley

@thriftyminia 4 ай бұрын

3:53 “paint or get off the ladder” - Dave Ramsey

@kmaligi 3 ай бұрын

Incredibly informative. What’s the name of the Real Estate Grouo you joined in Houston?

@DameonRomoser 7 ай бұрын

Great episode

@amberterry2090 8 ай бұрын

Curious about his first deal....hard money close and then refinance....how much money is lost doing the double close? I've considered doing a similar method on my first property to cash close and then refi later, as the cash close offer is much stronger, but want to factor the costs in of the 2nd close. Not sure what is different if anything on the 2nd close cost?

@ArchlineCapital 8 ай бұрын

Good question-- we actually didn't use Hard Money. We used a Construction Loan that was 1 year, interest only, ~4-5% APR, and then we refinanced with the same company. The benefit is that we did not have to pay points (1-3% up front) or have a high interest rates like Hard Money (10-12%), the drawback is that we had to do a standard 45 day close, but it wasn't a problem as the property was on the MLS. Hard Money is not a bad option if you have the right lender, contractor, and a clear timeline and ARV for refinance. Good lenders will help you make sure the deal works.

@amberterry2090 8 ай бұрын

@ArchlineCapital thanks! But that was still a double close right? Trying to understand the cost difference on closing once vs twice

@ArchlineCapital 8 ай бұрын

@@amberterry2090 Yes it was a double close. I wouldn't worry about the fees from closing once or twice-- the bigger issue is the financing in the interim, and the value you can add. If the fees from a 2nd close kill a deal, I wouldn't do the deal. You only do this when: 1. You can't get conventional financing up front because of the state of the property 2. You need to close quicker than conventional financing, less than 45 days

@janitoronfire 6 ай бұрын

37:25 Lifestyles 😊

@sethjones6235 5 ай бұрын

Great story Dan. What part of Mo ya from?

@TerryNaranjo 2 ай бұрын

I keep seeing in my mind that its Tony singing the intro and outro song. Is that you Tony?

@JevonMusicGroup 8 ай бұрын

Not the "backsplash" again. 🤣

@KaiSosceles 15 күн бұрын

You dont have to scrape togetrher everything you have and risk it all...but uh...dude started with 650k net worth, lol. Not saying you have to be up there to get started, but this dude put /so/ little risk on the table compared to what i imagine most people have to in order to get into real estate.