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Cody Sperber. How to be a Clever Investor. Episode 422 with The Real Brad Lea (TRBL)

Dropping Bombs

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Can I Overpay for a Property if It Cash Flows?

There's a deed of trust or a mortgage that says who owns it, right? And then there's a note, which is the payment structure. Those two things are separate items. So if once somebody transfers the deed, a trust over to me, i am the legal owner of that property on record,. Which means i get all the tax benefits. When they sell or finance it to me, my name goes on title. Now, we'll have a note between us with the terms of that note, the payment Structure. And then what you'll do is lean the property to secure your note. That's how, that's how the banks work, right? They they give you a

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