Getting 150+ Multifamily Units With Owner Financing - Cody Davis

Get my new book: https://bronsonequity.com/fireyourself

Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation

How do you buy multi-family properties without any money down? Here to discuss seller financing is our guest Cody Davis.

Cody is a Real Estate Consultant and Commercial Real Estate Investor, joins us to share his journey from a gymnastics career to building wealth through real estate. At 19, Cody entered real estate with $3,000 saved from coaching gymnastics. Intrigued by success stories, Cody obtained his real estate license, setting the stage for a remarkable journey.

Nine months later, Cody's interest in multi-family properties grew as he observed older individuals thriving in the apartment deal space. Influenced by reads like 'Rich Dad Poor Dad' and 'Deals on Wheels' by Lonnie Scruggs, Cody delved into the mindset of real estate investing. His breakthrough came with seller financing during a deal in central Washington. A 12-plex caught his eye, and within 45 days, Cody closed the deal with zero dollars out of pocket.

In this episode, Cody talks about seller financing, shedding light on the intricacies of this strategy. He delves into the concept of long-term fixed-rate notes supported by real estate, providing a foundation for understanding financial mechanisms. Cody shares insights into his journey to financial freedom, illustrating how he navigated challenges and seized opportunities in the real estate landscape.

Further, Cody discusses financing a property without relying on equity partners, offering a unique perspective on individual empowerment in real estate ventures. He also shares his experiences and lessons learned from the world of hotel and motel conversion, providing a comprehensive view of diverse investment avenues.

Join us as Cody shares insights and advice on building a real estate portfolio. This episode isn't just about buying properties; it's a masterclass in turning minimal investments into substantial financial gains. Tune in now to discover Cody's approach to success in seller financing and creating wealth through strategic real estate ventures!

TIMESTAMPS

00:54 - Guest Introduction: Cody Davis

03:04 - Introduction to seller financing

04:48 - Long-term fixed rate notes supported by real estate

10:19 - Cody's Journey to Financial Freedom

15:19 - Financing a property without Equity Partners

20:19 - Learning Hotel and Motel conversion

25:08 - Cody’s advice for building a portfolio

Connecting with the Guest:

Linkedin: https://www.linkedin.com/in/cody-davis-748049180/

Instagram: https://www.instagram.com/doingcodythings/?hl=en

Youtube: https://www.youtube.com/channel/UCkoxbEU_hoEpH8T-QUHR4nw

Linktree: https://linktr.ee/codydavis2020

#RealEstateInvesting #SellerFinancing #Multifamily