Ep #14 - Cory Binsfield: Starting with a distressed owner-financed triplex in 1998, Cory has built a 100+ unit portfolio of small multi-family properties valued at $7 million in his spare time with sweat equity, no partners & lots of creative financing

Published: May 2, 2016, 5 a.m.

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Cory Binsfield: Starting with a distressed owner-financed triplex in 1998, Cory has built a 100+ unit portfolio of small multi-family properties valued at over $7 million in his spare time with sweat equity, no partners and lots of creative finance. His philosophy is buy, rehab, rent, and repeat until rich. He calls it the "Brrrr" strategy.\\xa0

Here\\u2019s some of what you will learn:

  • Immersing yourself in learning
  • Moving from education to taking action
  • Scouting for seller financing
  • How a 12-pack of beer helped close his first deal
  • The benefit of getting face-to-face with your sellers
  • How to use FHA financing to buy multi-family properties
  • Building relationships with bankers to find more deals
  • Solving the biggest puzzle as an investor
  • The simplest model for cash flow
  • Describing the perfect multi-family financing deal
  • The basic rules of real estate
  • The Millionaire Real Estate Investor Book: by Gary Keller

Our Guest

You can learn more about Cory Binsfield at:

Ten to Million- How To Create A Million Dollar Net Worth In Ten Years or Less

http://www.tentomillion.com/

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Want to build Lifetime Cash Flow from Multifamily Properties?

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Recommended Resource

  • Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif

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