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EP. 106: How we lost 30k on a creative finance deal that had a 1.5 percent interest rate
Description
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In this video, we're getting real and sharing a vulnerable story about how we lost $30,000 on what should have been a perfect creative finance deal. You're going to learn some crucial lessons from our loss, like how to properly evaluate tenants before taking on a property, understanding the eviction laws in different states, and making sure you have enough reserves when tackling challenging deals.
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DISCLAIMER
We’re Jenn and Joe Delle Fave, here to share our real estate journey. While we’re not CPAs, lawyers, or financial advisors, we are experienced full-time investors who love sharing what we've learned. Always consult professionals before making major financial decisions. Our goal is to inspire, guide, and help you take control of your financial future!