Get done-for-you real estate investing with RADD Inner Circle: https://icradd.com/join
Want to get into real estate development? Great. But don’t make this debt mistake because you could put your ENTIRE deal at risk. The “death by debt” deals aren’t new to veteran investors like James Dainard, and with today’s mega-high mortgage rates and snails-pace permitting time, getting your debt wrong on a real estate development deal could absolutely DESTROY your profit while you sit hopelessly on the sidelines.
So, how do you get around this? James has a straightforward solution that’ll allow you to eliminate all the expensive, lengthy hard money loan payments while giving a seller EXACTLY what they want. Doing this correctly could TRIPLE your return and turn your base hit development deal into a grand slam.
Let RADD Inner Circle find, rehab, manage, and sell properties FOR you: https://icradd.com/join
~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
~~~~
Watch James on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
~~~~
Hear James on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
BiggerPockets: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
~~~~
The Beginner’s Guide to Real Estate Development:
https://www.biggerpockets.com/blog/rookie-319?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Real Estate Development: 5 Tips for Completing Your First Development Deal:
https://www.biggerpockets.com/blog/2013-09-09-real-estate-development-2?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Connect with James on BiggerPockets:
https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Learn More from James:
https://jamesdainard.com/
~~~~
Subscribe to ProjectRE with James Dainard:
https://www.youtube.com/channel/UCEn-t8zRFsGeI4b8X3cX71A
~~~~
Follow James on Instagram:
@jdainflips or https://www.instagram.com/jdainflips
Disclosure for RADD Inner Circle (RADD IC): For more information, please visit www.icradd.com/. Prospective investors should consider investment objectives, risks, charges, and expenses carefully and consult with a certified public accountant (CPA), tax advisor, or legal advisor before making any investment decision. For additional information, visit www.icradd.com/disclosures.
00:00 How to Get into Real Estate
00:28 Sponsor: RADD Inner Circle!
01:16 Development vs. Flipping
02:39 This Could Trap You!
03:27 Check This BEFORE You Start
06:00 This Will DESTROY Your Profit
08:02 Real Numbers On a 6-Unit Deal
09:10 Options to Give a Seller
10:17 Don’t Let Development Debt Drown You!
