Episode Details

Interested in real estate investing... but wary of taking on debt?

That's the situation Sarah Brandenberger found herself in, and today shares her journey from a staunchly anti-debt "penny pincher" to a creative financier raising private money!

Sarah also gives us the goods on portfolio loans – including a ninja tip that allowed her to tap the equity in multiple properties and use those funds to take advantage of a smokin' deal. You'll learn what documents to bring when asking for a loan – whether you're meeting with a bank or a private individual. And Felipe throws in a Home Depot shopping hack for good measure.

Give Sarah a follow on Instagram (@nerdsguidetoFI) and let her know what you thought of this episode... and share this episode with a friend or family member who would find it inspiring.

In This Episode We Cover:

• How Sarah changed her mindset about "good debt"
• 15-year vs. 30-year mortgages
• The data and documents she shares with potential lenders
• House hacking by turning her basement into a rental
• Unlocking "the power of a cash offer" with private money
• Tapping the equity on multiple properties at once
• The loan that's invisible to other banks
• Using checklists to estimate rehab costs (even when you're brand new)
• Using Avail to manager her rentals
• And SO much more!

Links from the Show

• Real Estate Rookie Facebook Group
• Felipe's Instagram
• Ashley's Instagram
• BiggerPockets Podcast
• Cozy
• Zillow
• Buildium
• Dave Ramsey
• Mr. Money Mustache
• Madfientist
• Paula Pant
• Stealthy Rich
• BiggerPockets Forums
• Rookie Podcast 01: From 4 Years of Analysis Paralysis to 4 Cash-Flowing Properties with Lauren and Kyle Clugston
• The Home Depot
• Avail
• Rentals to Wealth
• Investor Girl Brit
• Real Estate Old School

Check the full show notes here: http://biggerpockets.com/rookie23

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