🚀 Replay: The Novation Strategy That Doubled Rich's Business
Missed our last Wealthy Wednesday? This convo between Rich Wonders and Nikia Porter might be the most actionable session yet if you’re looking to scale smarter in real estate 💰
We covered everything from Rich’s journey out of debt → financial freedom through novation, to tactical breakdowns on how to:
- Ethically close off-market deals using realtors
- Avoid wholesaling red flags
- Use FHA 203k loans to close bigger deals with less capital
🎯 Key Topics Covered
✅ What is novation and why it's a game-changer for wholesalers✅ Rich’s real deals: $34K–$89K profits across multiple states✅ Why flat fee brokers = rookie mistake✅ The exact seller discovery → negotiation → closing flow✅ The new FHA 203k update (includes first 12 months of payments!)✅ How to ethically communicate with sellers & realtors✅ Building a vetted network of novation-friendly partners
🧪 Action Items
📎 Access Rich’s Free Novation Masterclass → Classroom🤝 Join our Realtor-Novation Collaboration Meetup → [San Diego invite]📩 DM Nikia for intro to the vetted agent network
Let’s get you funded 💼