500 K Short and 30 Days to Close - A Donahue Baker
Episode description
The best solution is creatively finding alternative solutions work best for solving the problem. A Donahue Baker gives tips on finding funding as a real estate developer and developing new ways of closing the deal. He talks about leveraging his network, finding alternative means for funding, and understanding business credit. A Donahue Baker is a CPA by trade but is currently a Real Estate Developer.
Join A Donahue Baker as he delves into his missteps as a real estate developer, and creatively coming up with 500K to close a deal.
KEYPOINTS
Finding alternative means for funding
Deal sourcing
3 Tiers of Section 8
Understanding business credit
SEGMENT TIMESTAMPS
- 05:00 – Misstep 1: Not having the funding. Finding alternative meanings of funding.
- 13:15 – Forming strategies for success. Building and leveraging network.
- 17:00 – Leveraging business credit. Get it under contract.
- 23:00 – How to build business credit. Entities (LLC, S-Corp, etc.)
- 26:00 – Words of wisdom.
"When you find a deal, even when you don’t have the money, the first thing you do is get it under contract." – A Donahue Baker
RELEVANT LINKS
A Donahue Baker
- Website: https://adonahuebaker.com/
- Instagram: https://www.instagram.com/adonahuebak...
- Facebook: https://www.facebook.com/adonahuebake...
- Twitter: https://twitter.com/adonahuebaker?lan...
- YouTube: https://www.youtube.com/channel/UChzl...
RECOMMENDED READS
- Generational Wealth That’s The Key – A Donahue Baker
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