How to Buy Houses with Creative Funding w/Mitch Stephen
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To create and foster long-term success, we need to find more creative ways to finance our investments. Is there ever an appropriate time to use our own money to buy houses? What should we be doing with the money generated from temporary strategies, and where are the best places to invest for forever strategies? On this episode, veteran real estate investor and author of the My Life & 1000 Houses Series, Mitch Stephen shares his insights on creative funding.\\xa0\\xa0
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Takeaways + Tactics\\xa0
No matter how much money we have access to, we should never use it to buy houses. Have creative strategies in place and use private money.
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Use the money generated from temporary cash strategies to fund \\u2018forever\\u2019 strategies. All the money we make from temporary strategies should be put back to work.\\xa0
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One of the best places for us to invest in is a storage facility, where we can avoid too many overhead costs.
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Guest Bio-\\xa0
Mitch Stephen is a real estate investor, and the author of the My Life & 1000 Houses book series. With over 25 years of industry experience, Mitch has bought over 2000 houses in San Antonio. Today, he specializes in owner financing properties to those left behind by traditional lending institutions. Mitch is a firm believer in the value of integrity, and gives speeches on its importance.\\xa0
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To find out more about Mitch, and to purchase his books, head to https://1000houses.com
reivault.com/1000houses
Canyonlakestorage.com
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