On today’s Friday Focus episode, our host Dan Austin joins us to dissect a real time analysis of a deal Mike and Dan are currently in. Dan hopes to give you a full picture of how deals start out and the initial numbers that are worked out,  where they will eventually share how the deal completes as it happens in the coming episodes.

Dan goes over how this deal came in and the marketing involved, the type of home and seller they were dealing with, the type of financing that is out there and the hierarchy of what is best, the type of financing that was used for this deal, their thought process while running the numbers, as well as the final initial quote and deal they all agreed on.

This deal case study is being presented as a tool to understand how deals go down in real time and how the initial numbers may or may not match the outcome.
Either way, join us on the journey of this deal to find out how it goes!

Topics discussed in this episode:

• How the deal came in
• The type of home and its value according to Mike and Dan
• The key to a real estate investor’s business: convenience
• Why we need to start using creative financing as a tool
• The seller financing negotiation that took place
• The final initial numbers agreed on
• Risks and opportunities with this property and deal