JF3280: Joseph DelleFave - Secrets to Creative Finance with No Cash and No Banks

Published: Aug. 28, 2023, 6:49 a.m.

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Joseph DelleFave, a seasoned real estate investor, takes us deep into the world of creative financing strategies for commercial real estate investors. Joseph shares his expertise on finding and structuring deals using unique methods that often fly under the radar. He covers a range of topics from leveraging Facebook groups to generate off-market leads to the intricacies of non-recourse debt and land trusts. This episode is a goldmine of practical advice for commercial real estate investors looking to expand their toolkit and capitalize on unconventional financing opportunities.

Key Takeaways:

  • Leveraging Facebook Groups for Off-Market Leads: Joseph reveals his approach to sourcing off-market leads by tapping into the power of Facebook groups, enabling him to target any market across the country quickly and efficiently. With a well-crafted message, Joseph generates free leads by posting in these groups and engaging with potential sellers.
  • Unlocking the Potential of Creative Financing: Joseph delves into the world of creative financing, a strategy that enables investors to acquire properties without the traditional hurdles of bank loans or cash purchases. He discusses the importance of non-recourse debt and explains how he structures deals to retain the seller\'s mortgage in their name. Joseph also sheds light on the benefits of using land trusts for privacy and legal protection.
  • Navigating Challenges and Opportunities: The conversation explores the potential challenges and benefits of creative financing. Joseph shares his insights on addressing seller concerns, dealing with lenders, and educating title companies and attorneys. He emphasizes the significance of transparent communication and the role of legal experts to ensure smooth transactions and avoid pitfalls.

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Joseph DelleFave | Real Estate Background

  • Co-creator of the Creative Finance Playbook
  • Portfolio:
    • Rent-to-own homes
  • Based in: Tampa, FL
  • Say hi to him at:\\xa0
  • Best Ever Book: Think and Grow Rich by Napoleon Hill
  • Greatest Lesson: So many of your biggest challenges are mental. If you can free yourself of those struggles, you can really start to harness your potential.

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