I found a 96-unit deal that was in bad shape. Only 20% occupied. Pipes and HVACs were stolen. Some units didn’t even have water or heat.
We picked it up for $1M, but no bank would touch it. Too distressed, too much work, not enough cash flow.
That’s when something I learned years ago came back to me. I had studied “No Money Down” strategies from Robert Allen early in my journey. Back then, it sounded almost impossible. But now, facing this deal, it made perfect sense.
We went back to the seller and asked for seller financing. She said yes—$150K down, $850K carried at 4.5% interest-only.
Then we raised $1.2M from private investors to renovate.
Total cost: $2.2M.
Sold it 2.5 years later for $3.7M.
Made over $1.5M profit.
Now, I’ve had people tell me, “No one does seller financing anymore.”
But that’s not true. You just have to know where to look and how to ask.
Look for:
• Tired landlords with equity
• Properties that won’t qualify for bank loans
• Owners who care more about cash flow than cash out
And seller financing isn’t the only way to get creative. You can use private capital, partnerships, lease options, or even credit lines to structure deals that work.
We’re breaking all of this down tonight, May 14 at 8PM EST in a live session: How to Get 0% Funding.
If you’ve got deals but not enough cash, this is for you. Drop “FUND” in the comments or send me a DM and I’ll get you the link.