In today’s video, we dive deep into the world of real estate investing with no money by way of the virtually unknown but very lucrative strategy known as OverFi or Over Financed Real Estate Deals.
We take a look at the ins and outs of the OverFi real estate strategy and highlight how it can be used as a Home Equity Line of Credit alternative.
We also dig into the numbers of a real-life deal that resulted in $60,000 of profit with no money invested.
If you would like to learn more about these no cash no credit real estate strategies with the real estate business in a box Little Pink Houses of America, please send an email to:
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Timestamps:
0:00 – Intro
2:05 – Scott’s Background in Real Estate
4:06 – What is an OverFi Real Estate Deal
6:09 – How To Finance an OverFi Deal
9:00 – OverFi Deal Example with $60k in Profit
16:55 – Real Estate Marketing Tips
22:44 – The Value of Work For Equity
24:50 – Breaking Down The Numbers
39:45 – Where To Start with OverFi Deals
45:23 – When To AVOID OverFi Deals
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Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you!
► http://www.investmentanalysisworksheet.com
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Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow-through, utilizing some of the things Dave Ramsey teaches – optimizing your cash flow by decreasing expenses – however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We’re all about the best of both worlds.
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