EP 46 | Wholesaling & Creative Financing During a Recession

In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte, Talked about recession, wholesaling and creative financing and strategies in order to find opportunities in today's market. Whether that's the recession lasts six months, whether it lasts four years, they talked about how to make money. For the last few years, a lot of people have been very excited about a recession. And now that they're here, people are kind of nervous. Like what will they do? What should they do? Should they wholesale? Should they do creative financing? Should they fix and flip? And there are a lot of these questions. In addition, the Real Estate Power Play Podcast, presented by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. Mark then went ahead and shared how they prepared. They started preparing this stuff back in February; He’s really been looking at this and trying to get liquid on some cash, making sure there's going to be some great opportunity. Ronnie then shared his experience; He said that sellers right now are experiencing a little bit more pain than they were even six months ago. And so for them they are starting to listen more, what is their local market telling them? What are the buyers telling them? He is reaching out and connecting with the current buyers. What do they want? Are they long term? If it's long term, what are they looking for in cash flow? If it's short term, what are they looking for as far as what are they buying and where specifically are they buying houses? It's very much on relationships, understanding where wholesale buyers are buying. In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. In conclusion if you're a flipper, know what type of deals you want to buy and know how big you're going to be in and out and know the areas, because you'll be able to make very quick decisions. If you're an investor who wants to hold them long term, know what you want to buy and know what the prices are, because you can cut through that mess and you can jump in. You want to build rapport with sellers? Of course, right? But if you have rapport with the buyer, they'll take a chance. They’re more likely to take a more risky chance on a deal because they like you. Now you're building up somebody, who's a partner with you. It's not just a buyer, it's a partner. And that's what you want. You want deal to be sent to partners because they're going to be straight up with you and they'll try to make it work.On this episode of the Real Estate Power Play Podcast with Mark Monroe, Ronald Walker, Marty Grizzanti and Gabe Rodarte  talked about:Where is the Opportunity?Credibility is Key to Building Rapport Especially Going into the Recession Importance of Understanding Connect with Real Estate Power Play Podcast Hosts:Facebook: https://bit.ly/3mMZcAiMark Monroe: https://linktr.ee/markmonroeRonald Walker: https://linktr.ee/RonniewalkerMarty Grizzanti: http://linktr.ee/MgrizzantiGabe Rodarte: https://linktr.ee/gaberodarte