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The true story of the deal that launched the No Money Method. | The No Money Millionaire Podcast E05

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Manage episode 517830917 series 3695855
Content provided by David Webb. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Webb or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This is the deal that started it all.

Back in the late '90s, I had no job, no money, and no credit…

But I still bought a house — and walked away from the closing table with $10,000 in my pocket.

Most people would’ve counted themselves out.

I didn’t. I found a way.

This was my very first No Money Deal — and it wasn’t traditional… but it worked:

✔️ My father sold me the house and gifted me equity for the down payment

✔️ My brother brought his credit to the table

✔️ We structured the purchase price above what my father actually wanted

✔️ And when we closed, there was enough left over that we split $20K in profit

I got a property in my name…

Without spending a dime.

And I walked away with money.

This is the foundation of what I now teach as The No Money Method

You don’t need capital to start investing in real estate.

You need strategy, creativity, and mindset.

If you’re tired of thinking you can’t invest because you’re broke…

If you’re done waiting for permission from banks, family, or circumstance…

Then this episode is your proof:

You don’t need money to start. You need a method.

  continue reading

6 episodes

Artwork
iconShare
 
Manage episode 517830917 series 3695855
Content provided by David Webb. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Webb or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This is the deal that started it all.

Back in the late '90s, I had no job, no money, and no credit…

But I still bought a house — and walked away from the closing table with $10,000 in my pocket.

Most people would’ve counted themselves out.

I didn’t. I found a way.

This was my very first No Money Deal — and it wasn’t traditional… but it worked:

✔️ My father sold me the house and gifted me equity for the down payment

✔️ My brother brought his credit to the table

✔️ We structured the purchase price above what my father actually wanted

✔️ And when we closed, there was enough left over that we split $20K in profit

I got a property in my name…

Without spending a dime.

And I walked away with money.

This is the foundation of what I now teach as The No Money Method

You don’t need capital to start investing in real estate.

You need strategy, creativity, and mindset.

If you’re tired of thinking you can’t invest because you’re broke…

If you’re done waiting for permission from banks, family, or circumstance…

Then this episode is your proof:

You don’t need money to start. You need a method.

  continue reading

6 episodes

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