Saving the day with creative deals in any market

[David Martoyan]

Hey everyone,

In today’s market, it feels like making deals pencil out is tougher than ever. Rising interest rates, slim margins, and unexpected costs can kill a deal fast. But the one thing that you can control is your creativity and how far are you willing to go with risk .

I’m curious, what’s the most creative or unconventional strategy you've used to structure a BRRRR or Fix-and-Flip deal?

Examples could include:

• Partnering with other investors to share risk.
• Using seller financing or lease options.
• Leveraging creative rehab techniques to save on costs.
• Negotiating with contractors in a unique way to reduce expenses.
• I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on. I am really inspired by people who a take something that 95% of other investors would pass on and make it work exclusively for them through sheer will and creativity even with bad market conditions.
  

[Ryan Irwin]

Great question @David Martoyan.  One that I'm getting close (hopefully) to the end of, was a flip that was a public nuisance property with two lots on either side full of junk (like 10 dumpsters worth..)

There was great opportunity with the house, but we bought the other lots as well and cleaned them up (as no one would ever buy the house with those lots filled with junk).  The lots will be great to develop (either by us or another builder) and that's where the big payback will be on this project.  So we are doing a double flip with both the house and the land.