Flipping America 424 No Equity Investing, Part 1

Published: Oct. 23, 2020, 4 p.m.

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What do you do when you\\u2019re speaking with a seller and realize they have no equity in their home? Most of us will apologetically tell the seller there\\u2019s nothing we can really do and move on to the next lead. Today we are going to learn that we have other options - options that could be very profitable for us.\\xa0

Bill and Dwan Twyford have been investing in real estate for more than 20 years and have made money on dozens of \\u201cno equity\\u201d properties. In a few minutes we are going to listen in on a call they made recently with the Flipping America REIA. This has been one of our highest rated calls in 2020. You won\\u2019t see the visuals, but you can hear the explanation and it will open up possibilities for you.\\xa0

If you want to be ON these calls, it\\u2019s easy and it\\u2019s free. Just point your web browser to flippingamericaREIA.com. The upcoming topics and links are right there on the home page. You can click and sign up. The calls happen almost every Wednesday at noon and Thursday at 7.\\xa0

How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 877-55-ROGER (877-557-6437) \\xa0 ext 1. Leave your message or your question.\\xa0

Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don\\u2019t mind.\\xa0

Sponsors

American IRA: www.americanIRA.com

The Flipping America Buyers Club bit.ly/flippingamericabuyersclub

Announcements:

  • The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.\\xa0\\xa0
  • Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It\\u2019s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .\\xa0
  • \\u201cReal Estate Investing Quick Start\\u201d Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

News

Questions

  • Marta, Pensacola, FL \\u201cI am wondering if you ever break your own MAO rule?\\u201d\\xa0
  • Sandra, Evanston, IL \\u201cI\\u2019m new to flipping houses and as we are getting on toward winter time, I\\u2019m wondering whether it\\u2019s possible to do this over the winter.\\u201d
  • Marcus, Tampa, FL \\u201cDo you think it\\u2019s too late to get into real estate investing? It seems like everybody is doing it and with so much competition I can\\u2019t find a deal worth doing.\\u201d
  • Carmen, Rossville, GA \\u201cIs it too late to join the Buyers Club?\\u201d
  • Pamela, Phenix City, AL \\u201cHow do you decide what color to paint a house?\\u201d
  • Raymond, Baltimore, MD \\u201cI got a new job - have to be there in 4 weeks. 250 miles away. So I need to sell my house. It\\u2019s worth $325-350k. I owe $260k on it. I don\\u2019t really have enough time to sell through a realtor. An investor is offering me $5,000 and take over my payments. The amount seems low and would this impact my ability to buy another house?\\u201d

Motivational Quote:

\\u201cAlmost all success happens outside your comfort zone.\\u201d\\xa0

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