Ep 459: Offering Mortgage Solutions to Single Family Buyers/ Sellers

In this episode, host Daniel Martinez interviews a team of four experts in solar financing and single-family housing: Angel Perez, Alex, Verge, and Mitch. Each guest shares their unique skills and experiences in real estate, ranging from agent and seller communication, automations, acquisitions, disposition, and extensive background in property management and real estate investment. Mitch, with the most experience, emphasizes the team's collective effort and their approach to buying properties subject to existing loans, thus aiding sellers in difficult financial situations and providing opportunities for buyers who traditionally don't qualify for mortgages. The team discusses their operational strategies, including working with loan officers and leveraging seller financing to serve underappreciated communities, highlighting their commitment to providing valuable solutions in the real estate market. 0:00: Introduction of Guests and their Roles Daniel introduces the episode's guests: Angel, Alex, Verge, and Mitch, who are part of a team specializing in solar financing and single-family housing. Angel talks about his role in communicating with agents and sellers and building automations to maintain quality control, despite being relatively new to real estate. Alex and Verge share their experiences and specialties in acquisitions, dispositions, and system integration within the real estate industry. 2:09: Mitch's Extensive Real Estate Experience Mitch details his extensive background in real estate, including closing over a thousand transactions, flipping houses and apartments, and his current focus on purchasing properties subject to existing loans across the country. He emphasizes the importance of attitude over credentials in forming his team. 3:00: Team Dynamics and Strategy The conversation shifts to the significance of having a well-coordinated team in navigating the complexities of the real estate business. The team discusses how working together towards a common goal simplifies processes and enhances efficiency. 9:22: Sub-to and Wrap Strategy Explained A detailed explanation of their innovative strategy in the real estate market, focusing on purchasing houses subject to existing loans and then owner financing to buyers who don't qualify in traditional ways. This approach not only assists sellers in distress but also provides opportunities for a broader range of buyers to own homes.

www.nytfire.com

Text 📱 210-972-1842