<p>On today’s episode of <a href="https://www.biggerpockets.com/podcast">The BiggerPockets Podcast</a>, we’re pumped to introduce you to <strong>Damion Lupo</strong>, an experienced real estate investor and hard money lender who has seen it all in real estate—both the good and bad! You’ll learn how it was Damion’s naiveté that led to his early success (and why naiveté matters), as well as the traits that helped Damion build up an <strong>incredibly successful cash-flowing business</strong>. And don’t miss Damion’s story of the murdered security guard or his golden answers to the question, “How do you get a lender to say yes?” </p><p>In This Episode We Cover:</p><ul>
Damion’s first deal that he financed with his Visa card
How you can be naive and still make it
A discussion on whether it’s harder to find deals nowadays
What you should know about driving for dollars
The deals he has done so far
The murdered guard story
Why he wants to be the bank
What exactly a lease option is
How he structures his partnership
A discussion on whether people should get an LLC or not
Damion’s view on cash flow
What he did to get through the downturn in 2008
Advice for those who want to be hard money lenders
Tips for convincing a hard money lender
What’s next for Damion
And SO much more!
Links from the Show
Books Mentioned in this Show
Tweetable Topics:
- “With real estate, there was this unlimited potential that is really only limited by me and my thinking.” (Tweet This!)
- “You can create massive financial wealth with real estate with an 8th grade education. Really, it’s up to you.” (Tweet This!)
- “People don’t realize the laws of selling. You don’t close deals on your first time.” (Tweet This!)
- “The way you do anything is the way you do everything.” (Tweet This!)
- “The worst teacher is success.” (Tweet This!)
Connect with Damion
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