5. Understanding seller financing, the awesome benefits of house hacking, and how Dave Ramsey principles can be applied in real estate | Coach Chad Carson
Episode description
I am so excited to bring you this interview with Coach Chad Carson. I LOVE the stories Chad shares in the episode. He talks about creative financing, seller financing, and how he even bartered his motorcycle to serve as a downpayment on a home. We cover a TON of information, from the ideal loan term, to how to learn your neighborhood grades to aid in your investing strategy, to the types of investments Chad has beyond real estate. My favorite parts are learning about how we creates his selling financing deals, and generates leads with letter campaigns. We take a deep dive into debt, risk, and how the Dave Ramsey debt snowball can be applied to the world of real estate as well. Hear how Chad preps to ride out the impact of Corona Virus by being proactive with tenants. We share a love of diversification, and how single-family homes can provide this. We dive into what is “enough” when it comes to your portfolio, non-traditional house hacks, and the importance of savings rate.
More Learning:
Chad’s guide to seller financing
Books to read: Your money or your life.