287: Putting Together Real Estate Deals Using Creativity Instead of Cash with Shiloh Lundahl 01:22:09

    <p>How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with <strong>Shiloh Lundahl</strong>, a real estate investor who specializes in putting together deals using a variety of different no- and low-money strategies in some pretty unique combinations. From utilizing business lines of credit, to bringing in partners, to hard money, to lease options and beyond, this episode will give you tons of ammunition for your own creative finance deals. And don’t miss the incredible strategy that Shiloh uses today to make 300 percent more per deal than if he were to flip the home. It’s pretty darn fantastic!</p><p>In This Episode We Cover:</p><ul>

Links from the Show

• BiggerPockets Forums
• BiggerPockets Bookstore
• BiggerPockets Webinar
• BiggerPockets Landlord Forms
• BiggerPockets Pro
• Dave Ramsey
• BiggerPockets Podcast 275: Buying 300 Homes While Working a Full-Time Job with Attorney Rob Oliver
• Lease Option Video

Books Mentioned in this Show

• Long Distance Real Estate Investing by David Greene
• Rich Dad, Poor Dad by Robert Kiyosaki
• Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
• The Book on Investing with Low or No Money Down by Brandon Turner
• The Richest Man in Babylon by George S. Clason
• Shoe Dog by Phil Knight

Fire Round Questions

• I’m a little confused between lease option, lease purchase, and subject to. Doesn’t the existing financing stay in place for all three?
• Have you ever done a lease option agreement with seller for 6 months and lease option the property to buyer for 3 months?
• Lease Option Contract vs Rental Agreement & separate Option Agreement
• Am I crazy for considering a lease option to get out from under a low performing property?
• When you are lease optioning homes to tenants/buyers, what percentage actually end up exercising the options?

Tweetable Topics:

• “Frustration comes from unmet expectations.” (Tweet This!)
• “Each deal I learn quite a bit from it.” (Tweet This!)

Connect with Shiloh

• Shiloh’s BiggerPockets Profile
• Shiloh’s Company Profile

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