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Disruptors

How To Use Money To Defeat Real Estate Laws

Disruptors

Steve Trang

Business, Investing, Careers

5741 Ratings

🗓️ 28 July 2024

⏱️ 65 minutes

🧾️ Download transcript

Summary


In this episode of Disruptors, Cory Boatright and Chris Eyeman of Take Down Funding talk about how to use money to defeat real estate laws.







How To Use Money To Defeat Real Estate Laws | Video Replay




https://www.youtube.com/watch?v=pzVZaLE79nc
How To Use Money To Defeat Real Estate Laws



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How To Use Money To Defeat Real Estate Laws



Cory BoatwrightCory has sold over 100 million in real estate acquisitions and completed over 2000 real property transactions including; Single and Multi-family, Commercial, Land, Residential, Self Storage, and private investment assets. He has over 500 doors under his company management and buys and sells properties nationwide.







Chris EyemanChris is a full-time real estate investor and hard money lender in Phoenix, Arizona. I have over 16 years of experience in the business. In my time, I have purchased more than 10,000 homes, and funded more than $500,000,000 deals.







Take Down Funding



www.takedownfunding.com



https://www.facebook.com/takedownfunding







How To Use Money To Defeat Real Estate Laws | Takeaways



1. Wholesaling has evolved from simply flipping properties to a more complex model involving bird-dogging, co-wholesaling, and now Take Down Funding.







2. Regulatory changes are forcing wholesalers to get licensed and own the property before marketing it, which is changing the economics of the business.







3. Take Down Funding provides a solution for wholesalers to legally disposition great deals by partnering with a fund that can provide 100% financing and take over the property.







4. Underwriting deals nationwide is a challenge, but Take Down Funding has the experience and relationships to help underwrite deals in multiple states.







5. Building relationships with lenders and understanding the regulatory environment in each state is crucial for real estate investors to navigate the changing landscape of wholesaling.







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Transcript

Click on a timestamp to play from that location

0:00.0

What if tomorrow just a memo came out that said, in order to wholesale, you have to be licensed?

0:05.0

How would that change your business? Right. Oregon, right now, you can actually go to prison

0:09.5

over wholesaling. Some people that are listening to this, they may say, I don't need it. I'm not in

0:14.9

South Carolina. I'm not in Pennsylvania. I understand that, but don't be late to the game.

0:20.1

It's not where the puck is. It's where the puck's going. I think that more but don't be late to the game. It's not where the puck is,

0:21.4

it's where the puck's going. I think that more wholesalers are going to be required to take the

0:26.5

deal down and, quote, be licensed. We have a solution for both those.

0:31.1

Hey, everybody. Thank you for joining us for today's episode of Disruptors. Today we have Corey

0:34.4

Boatwright and Chris Eamon with takedown funding. Corey did fly in from

0:39.0

Oklahoma City and Chris is obviously another local legend in the Phoenix market. We're going to be

0:44.4

talking about how to use money to defeat the real estate laws. Now guys, I'm on a mission to create

0:49.6

100 millionaires. The information on this show alone is enough to help you become a millionaire.

0:54.1

If you take consistent action, you will become one.

0:57.6

And guys, if you get value out of the show, please hit that subscribe button.

1:00.8

That way we can all grow together.

1:03.1

You ready?

1:03.7

Yeah, let's do it.

1:04.5

All right.

1:04.9

So right now is an interesting, interesting environment in the real estate market.

1:09.1

Right.

1:09.9

I think just this past week I heard something

1:11.8

got passed in Pennsylvania. There are things happening in North Carolina. And obviously there was that

...

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