Episode 34: Mo’ Money, Mo’ Problems? | bonniegalam.com

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Episode 34: Mo’ Money, Mo’ Problems?

November 17, 2021

In this week’s episode, Bonnie kicks off “financing month“ with a discussion about how to legally use and leverage and some horror stories from investors who have royally messed up the loan stuff. Bonnie also shares some best practices when it comes to creative financing and a behind the scenes look at why lending practices are the way they are.

In this week’s episode, Bonnie answers listeners’ questions about financing your portfolio. Unless you’re Dave Ramsey buying your portfolio with all cash, then you’ll want to tune in to learn more about legally leveraging other people’s money.

In this episode, here’s what we’ll cover:

  1. When to use HELOCs vs. Cash out refi’s to scale your portfolio

  2. The quirks of Seller financing and how to protect yourself and the seller

  3. How investing with an LLC is different and what happens if you want to transfer it into an LLC later?

  4. My thoughts on Equity vs. debt partners?

Links mentioned in this episode:

  1. Episode 26 of the Podcast about BRRRR with Palak Shah

  2. Episode 32 of the Podcast about Legal Creative Financing

  3. BRRRR by David Green

  4. FREE Ultimate Legal Checklist for Real Estate Investors

  5. Good Bones Real Estate Investing Podcast Facebook Group

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Now if you’re feeling extra loving, I would be really grateful if you left me a review over on iTunes, too. Those reviews help other people find my podcast and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. Thank you!

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    This is not a law firm. Nothing on this site should be construed as legal advice. Bonnie does not provide you or your company legal advice. We simply provide legal information and education for you to customize and use on your own and have reviewed by your own local attorney. Bonnie is an attorney licensed in NJ and PA, but is not practicing law or establishing an attorney-client relationship with you, ever through Bonnie Galam LLC. Some states may consider this attorney advertising (although it isn't intended to be). Thank you!

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