Is it possible to build a large real estate business without the use of banks? Our guest today, Mike Sumsky, shows us that it’s not only possible – but can be incredibly beneficial! Mike has done well over 100 deals in the past several years using a variety of creative finance methods and shows you how you can do the same.

Listen for great tips on obtaining private money, finding deals by knocking on doors, and other innovative strategies for building your real estate business. Whether you want to overcome a lack of funding or you just want to explore creative ways to raise capital, this is an episode you don’t want to miss!

In This Show We Cover:

Mike’s thoughts on creative real estate investing
How he got his first properties
Investing while losing a job
The beauty of taking action without knowing everything yet
How to get your first deal from knocking on doors
The anatomy of a short sale
Tips on applying for a bank loan
How to learn while doing
Closing on a house with less than 5 thousand dollars
What “Subject To” type deals are
Everything you need to know about private money
How to become “the prize” in each transaction
Plus MUCH more!

Links From the Show:

Books Mentioned in the Show

Connect with Mike

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106: How to Do 100+ Deals Without a Bank (While Raising Unlimited Funds) with Mike Sumsky