{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How to Grow Your Real Estate Portfolio Without Using Your Own Funds or Splitting Profits with Joint Venture Partners with Mel Dupuis from Investor Mel & Dave","description":"Traditional thinking and traditional real estate investing strategies go something like this: Save up for a down payment. Choose a property. Go get a mortgage for 60-80% of the value of the property. Spend your savings on the down payment. Acquire property.  Then repeat, if you want to grow. That is what you\u2019ve been taught, right?  Well, here\u2019s the problem: saving up money for a down payment plus closing costs can take a while. Here\u2019s the other problem with scaling in real estate: when it comes to residential financing - aka - the mortgage - , the bank decides how much they\u2019re going to lend you based on your personal income.  Eventually, you\u2019ll hit an income ceiling. Then you can no longer buy rental properties in this \u201ctraditional way\u201d.  That is until we heard about creative financing, OPM - AKA Other People\u2019s Money. Episode shownotes: www.lisamichaud.com\/podcast\/79  ","author_name":"Goalden Girls Podcast","author_url":"http:\/\/www.lisamichaud.com","html":"