EP35: Creative Financing Methods Explained: Wrap Mortgage vs Sub To vs Seller Financing with Jenn & Joe Delle Fave
Hi everyone, welcome back to the WIIRE podcast! This week we are excited to welcome our dear friends, and Grace’s mentors, Jenn & Joe Delle Fave. You’ll remember Jenn, who joined us recently in episode 33, and this week her husband Joe is joining us for a jam-packed episode about creative financing. This episode is going to be full of awesome information, plus they’re sharing a special offer for their Creative Finance Playbook just for our listeners. We’re so excited, so let’s dive in!
Joe has been buying houses as a REI for just over 20 years now. He and Jenn met about 15 years ago, they got married, and started a family together, all with regular 9-5 jobs. Joe was a finance manager at a car dealership and Jenn was a teacher. They began doing real estate on the side together and had a vision of doing it full-time and eventually turned that dream into reality in March of 2020.
Hear more about their story in episode 33 here.
Before they even knew what BRRR meant, they were buying houses, fixing them up, then refinancing and pulling cash out of their deals. While they weren’t the first to do it, they knew their process was highly unique and they could do something different. From there, they learned how to creatively finance buying and selling properties to place themselves in this niche market. They weren’t just buying houses, they had a strategy behind their buys and a strategy behind selling properties as well.
“Creative Financing, in its simplest form is the ability to buy real estate without having to go through the traditional process.”
In this episode, we're breaking down these 4 creative financing strategies:
Seller Financing
Sub To
Wrap Mortgage
Lease Sandwich
Make sure you tune in to episodes 36, 37, and 38 to hear more about creative financing (and so much more!) from Jenn and Joe Delle Fave!
Thank you so much for joining us this week, we’ll catch you in the next episode!
Resources:
Book a Consultation Call with Jenn & Joe and mention WIIRE to receive $2,500 off their programs!
Visit Jenn’s website
Connect with Jenn & Joe on Instagram
Check out Jenn & Joe on YouTube
Join our private Facebook Community
Connect with us on Instagram