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Canadian Real Estate

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Lisa Munroe
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Using OPM to scale

Lisa Munroe
Posted Jan 29 2024, 15:16

I would like to scale my business by using OPM Strategy.  Anyone on here  who have used it and would like to share what their experience was? Seller financing is one option but what  if Seller is not interested in that option? Looking at finding off Market deals .

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Denis Ponder
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  • New to Real Estate
  • Yuma, AZ
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Denis Ponder
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  • New to Real Estate
  • Yuma, AZ
Replied Jan 29 2024, 15:25

You have a few different strategies going on here.  OPM, seller financing, and off market deals aren't the same thing.  Seller financing can be a form of OPM in a sense, but you still need a down payment and other funds in many cases.  Off market deals are generally better, but make sure you know your numbers.  Sometimes off market deals suck, you have to know what works and what doesn't.

Network to find people with a lot of money but not a lot of time.  Show them what you do and how they can benefit.  Offer to provide them value for the use of their money.  Determine what they fear the most and work to eliminate or reduce that/those fear(s).  I am just starting down this path myself, I have connected with a couple people who are interested in doing a deal together and testing the waters.  I'm looking forward to it.

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Chris Seveney
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  • Investor
  • Virginia
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Chris Seveney
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Replied Jan 29 2024, 15:38

@Lisa Munroe

We have 500+ investors we have raised money from. Happy to answer any questions.

Too much to place in one post - the advice I will give you is whatever anyone says realize it will take you a lot longer and will be a lot harder than anticipated

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