Imagine buying real estate without using banks, large amounts of cash, or putting your personal credit on the line — that's exactly what Chris Prefontaine teaches, and in this episode, he shares the recession-proof strategies behind it.
In this episode of Sterling Insights, Roger sits down with Chris Prefontaine, founder of Smart Real Estate Coachand a veteran real estate investor with over 30 years of experience. Together, they explore how to close creative real estate deals without using banks or personal cash, sharing valuable insights and practical tips for listeners. Chris draws from his extensive experience to discuss how creative financing can help investors build wealth while minimizing risk, offering actionable advice for aspiring and seasoned real estate investors. This episode is a must-listen for anyone looking to create financial freedom through real estate without the traditional barriers.
Key Takeaways:
● 🏡 Creative Financing Works: Chris breaks down how owner financing, lease purchases, and subject-to deals allow you to buy properties with little to no money or credit.
● 💬 Motivated Sellers Matter: Success hinges on finding sellers with genuine motivation — not every property is a good fit.
● 🛠️ No Landlord Headaches: By using rent-to-own strategies, you can transfer maintenance and repair responsibilities to tenant-buyers.
● 📈 Three-Payday System: Chris explains how his system generates upfront cash, ongoing cash flow, and a backend profit, all without traditional bank loans.
● 🎯 Stay Focused for Success: The biggest factor in succeeding is avoiding "shiny object syndrome" and committing to a strategy for 3–5 years.
Quotes from Chris Prefontaine:
● "We don’t use banks. We buy only through owner financing, subject-to existing financing, and lease purchase — none of those require gobs of cash or banks."
● "Motivation is key. Without it, you’re wasting time. We look for sellers who need to move, not just want to."
● "Put the blinders on for three to five years. The ones who stay focused are the ones who build real wealth."
🔗 Conclusion:
Chris Prefontaine shows that creative real estate can offer a powerful path to financial freedom — without the traditional barriers of credit, cash, or banks.
Connect with Chris:
Website: smartrealestatecoach.com/connect
Free Book Request: https://wickedsmartbooks.com/rogersilk
Master’s Class: www.smartrealestatecoach.com/mastersclass
15-Minute Strategy Call: www.smartrealestatecoach.com/action
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