Real Estate Investing with No Money {Part 1}
youtu.be
The video discusses the "three bucket theory" for finding funding for real estate deals. The three buckets refer to different sources of funding: bucket one is for short-term funding, bucket two is for long-term funding, and bucket three is for backup funding. The speaker explains that private lenders and hard money lenders are the best options for short-term funding, as banks are not typically willing to lend money for properties that need work. Lines of credit, such as credit cards or home equity lines of credit, can also be useful for initial rehabs. For long-term funding, the speaker recommends using the BRRRR method, which involves purchasing and rehabbing the property, then refinancing it to get your money back and pay back the initial lender. Small local portfolio lending banks and credit unions are the best options for long-term funding, as they specialize in investment property loans and keep the notes in-house to make money on interest. The speaker emphasizes that there are many of these lenders in every market, so finding one should not be difficult. The video ends with a joke and a call to action to like the video. The speaker also mentions a monthly giveaway for commenters on their videos and encourages viewers to engage with their content.
The video discusses the "three bucket theory" for finding funding for real estate deals. The three b