72. Deal deep-dive: Creative financing for a Street-Smart Investor with Lou Brown

ABOUT LOU BROWN

Lou Brown is the Founder and Creator of Street Smart Systems.  Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1977. He’s invested in Single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. He’s widely known as a creative financing genius with his deal structuring concepts.Being a teacher at heart, he’s enjoyed sharing his discoveries with others through his Street Smart®️Investor training since 1987. Husband, Father, Author, Lecturer, Inventor, Investor, Builder, Designer, and Real Estate Expert are all descriptions of this exciting trainer, he is truly an influencer and inspiration to everyone he meets.   THIS TOPIC IN A NUTSHELL: How he got started in real estateThe first few dealsExploring Creative financing options Path to Homeownership programDealing with the buyer and sellersType of deals doneIn-house financing How do they find the deals?Which specific markets do they focus on?The Housemonster marketing system Programs and educational platforms launchedA thousand families, a thousand homes - programNon-escalating, non-qualifying loansUsing Trust in real estateSeller financing and Installment sale processHow to connect with Lou   KEY QUOTE: [05:35] “When we talk about the concept of creative financing, it's actually creative financing in reverse because we fund our buyers first. We find out how much down payment they have to work with, how much work they will be willing to do to the property and how much they can afford on a monthly basis. Then we go about finding the property for them, in fact, they even participate in finding a property as well.” 

 

SUMMARY OF BUSINESS:

STREET SMART SYSTEMS - founded by Lou Brown, is a multifaceted company dealing in a variety of real estate-related areas including homes for lease, sale, rent-to-own plans, and renovations of existing homes. We provide Real Estate Investment Training for investor entrepreneurs who want to make a business of buying, holding, renovating, managing, and selling single-family and multi-family properties. We also provide Private Lending typically only for Street Smart® licensees who plan to buy, renovate and sell properties for a profit 
ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.