344: “No Money” Real Estate Investing with Gabriel Hamel

Over 25 seller financed deals in a few short years! Today’s guest, former service member (and diamond pushup world record holder) Gabriel Hamel , sits down with Brandon and David to share how he built a portfolio of over 140 units (in an expensive market) using creative methods and seller financing to make deals where other investors miss them! Gabriel shares how he started investing in a tough market and used sub-prime lending (successfully) to house hack his first few properties. He gives some awesome advice on approaching sellers with seller financing proposals, structuring the offers, and showing them how it’s a win-win. He also gives great advice on finding gentrifying markets, walking away from closings with money in his pocket, and applying a mindset to real estate investing that helps him succeed in all aspects of life! Gabriel has very practical, down-to-earth, useful advice and shares it willingly. This is an episode for both newbies and experienced investors to download today! Listen to the full episode here: http://biggerpockets.com/show344 In This Episode We Cover: Started with sub-prime lending and it worked out House hacked his first and second home Owns 140 units now How he got started buying properties in a scary market from 2009-2012 Why he began with seller financing How he found his first off-market deals Seller financing wizardry What he looks for in improving neighborhoods How he’s been able to walk away with cash at closing —better than no money Why he focuses more on terms than just price His advice for having a success mindset in ALL areas of life What he looks for in a deal How he scaled to over 100 units And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel Brandon's Instagram David's Instagram Want to host your own BiggerPockets podcast? Pitch us! GoBundance Learn more about your ad choices. Visit megaphone.fm/adchoices