The David Greene Show

In today's Mortgage Monday, we delve into how to get into real estate with low money down, analyze the viability of the BRRRR method, and explore investment strategies in today's market. Join David Greene and Christian Bachelder as they break down real case studies, discuss numbers, loan programs, and interest rates for both primary residences and investment properties. Learn about various loan options, the power of DSCR loans, and how to effectively use bridge financing. Don't miss this comprehensive guide to mastering real estate investing! 00:00 Welcome 01:21 Current Market Interest Rates 02:34 The One Brokerage: A Resource for Investors 03:54 Understanding Mortgage Brokers and Loan Products 09:14 Case Study: Oklahoma Property Investments 13:05 Bridge Loans and Hard Money Financing 26:58 Client Success Story: ADU Conversion 29:08 Breaking Down the Investment 29:31 Calculating Returns and Equity 30:26 Financing the Investment 30:50 Forcing and Buying Equity 31:13 Leveraging Equity for Improvements 31:59 Understanding DSCR Loans 34:44 Benefits of DSCR Loans 35:22 Challenges for Business Owners 43:00 Importance of Planning Your Exit Strategy 48:40 Short-Term Rental Income and DSCR Loans 55:29 Summarizing Key Points 57:25 Final Thoughts and Contact Information Contact Christian: [email protected] @theonebroker www.TheOneBrokerage.com Follow David: @DavidGreene DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David: [email protected] Ask a Question: DavidGreene24.com/ask Find me on the “minnect” app Real Estate University: SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join STR Management [email protected] Investor Retreat Subscribe to The David Greene Show! Apple: https://podcasts.apple.com/us/podcast/the-david-greene-show/id1755485708 Spotify: https://open.spotify.com/show/5Nu6kCJTVzM2x2WsujqBOZ Submit your question for David: https://davidgreene24.com/ask

20-year Marine Corp vet Adam Whitney has seen active combat, taken fire, and even mortar rounds in his military career-and was still ambushed by this nightmare deal. What appeared to be a simple, chunky off market opportunity with tons of meat on the bone ended up a deal that had more and more go wrong the longer he owned it. From the simple nick of a septic tank during the rehab to a broken boat dock and weathered sea wall, this canal-front property in an area with very high demand spiraled into well over $100,000 over budget and very little interest from buyers. Two realtors, tons of money, and a failed exit strategy later, Adam survived the nightmare and comes on the show today to share the story, warn other investors what to look for, and what you need to know to make sure this doesn’t happen to you. Continuing my Nightmare Deals Series, we pull back the curtain and share the REAL story of RE investing. Subscribe to The David Greene Show! Apple: https://podcasts.apple.com/us/podcast/the-david-greene-show/id1755485708 Spotify: https://open.spotify.com/show/5Nu6kCJTVzM2x2WsujqBOZ Submit your question for David: https://davidgreene24.com/ask Follow David: @DavidGreene DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David: [email protected] Ask a Question: DavidGreene24.com/ask Find me on the “minnect” app Real Estate University: SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join STR Management [email protected] Investor Retreat DavidGreene24.com/retreat

Don’t know how to invest in RE? Don’t have money? Don’t have experience? Just find a partner who does! Many wanting to get into RE as inexperienced newbies found a partner to jump into the waters of the unknown with-only to find themselves drowning. When you need to get out of a bad partnership but don’t know where to start, it can feel overwhelming. Today’s guest Elijah Underwood specializes in protecting the interests of those looking to terminate a partnership and get equity out of a deal. You don’t want to miss hearing what to do to save yourself when a deal goes bad if you’ve ever considered buying or inheriting RE with someone else! Follow David: @DavidGreene DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David: [email protected] Ask a Question: DavidGreene24.com/ask Find me on the “minnect” app Real Estate University: SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join STR Management [email protected] Investor Retreat DavidGreene24.com/retreat 00:00 Introduction 00:05 Meet Elijah Underwood: Real Estate Broker and Attorney 00:27 The Reality of Real Estate Partnerships 04:02 Understanding Partition Law 05:57 Advice for Entering Real Estate Partnerships 07:06 Real-Life Stories and Legal Challenges 13:31 Tips for Structuring Partnerships and Keeping Records 27:54 Final Thoughts and Contact Information

Nightmare Deal Series! In today’s show, I interview Chelsea Kopacz who shares her nightmare deal and the details that went into it. Chelsea stepped into her first RE deal through OOS investing in the Indianapolis area. The plan was to BRRRR a cheap out-of-state property, start a portfolio, learn a little bit, and keep the momentum going with the next one. Introduced to a wholesaler who also connected her with a lender, things started off well before they turned south. Using the information in my book Long Distance Real Estate Investing, Chelsea had clear and frequent communication during the rehab process with her contractor, who also ended up being her wholesaler…and property manager. What started off smoothly quickly turned south when Chelsea’s tenants stopped paying rent shortly after being placed in the property. Things got worse when she learned her PM/Contractor/Wholesaler was actually a scam artist who frequently ripped people off in similar ways. If you want to learn what to look for, what red flags to spot, and how to avoid this happening to you, check out Chelsea’s story today! Follow David: @DavidGreene DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David: [email protected] Ask a Question: DavidGreene24.com/ask Find me on the “minnect” app Real Estate University: SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join STR Management [email protected] Investor Retreat DavidGreene24.com/retreat