30 Apr

Ep. 132 – Buying Without Banks, with Kevin Bunzeluk

In this episode, Kevin talks about how to buy real estate without using the banks.

Key Takeaways:

– Once you figure out how to raise money, it’s really quite simple.
– Whatever your challenge is, work towards overcoming it and then move to the next one.
– If you can make bank money work, it’s a good option to consider.
– The bank is your partner, but if you don’t go with them, you need another partner.
– When fixing properties, it’s nice to not have a mortgage payment.
– Banks look at your background, private lenders are more concerned about equity.
– A partner should have a different skill set than you do.
– You need a partner that you like and work well with…are your goals aligned.
– Don’t convince people to invest in real estate…if someone who knows they should invest in real estate and convince them to invest with you.
– Money partners are investing in you before the property.
– Under promise and over deliver to make your partners come back for more…having happy investors in important.
– If you want to grow a large portfolio without any of your own money, jv partners are a good way to go.
– Where do you find investors for your deals.

Kevin Bunzeluk is the host of LifeStyleHousing Radio. Click the ‘about kevin’ page to learn more.

Meet Kevin Bunzeluk at www.lifestylehousing.ca

50 thoughts on “Ep. 132 – Buying Without Banks, with Kevin Bunzeluk

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