There's 4 options of where money comes from. How many? Okay, on the left
side, you're either buying your own home and the banks say, "You don't have to put
20% down. You can put 3% down." Is this a good thing?
Yes. If you get a good deal and you can get away with 3% down,
what's 3% on 100 grand? It's $3,000. What's 3% on 200 grand? $6,000? This is a
small amount of money. It took me 14 months to save up 5 grand so I could
put $3,300 down and bought my very first house. The next type of deals require 20%
down. Now, you can't just keep buying primary residences and uprooting and
moving around. You do that a little bit I moved a couple of times to excel on my
strategy. How many of you are actually leveraging a primary residence as a way
to kind of kick off get started and get some things moving a little bit? Smart.
But at some point, you got to put on your big-boy big-girl Underpants and that
means we're gonna put 20% down. Why do I like to put 20% down on an investment? It
is safer. It's what most banks ask and require. Which means 30 to 50
thousand dollars on average. 25 to 50 thousand dollars on average. So,
when you look at that number, how you feeling about it? This is where most
investors like, "40 grand?" And there's a trained response. And they jack up the
face like that and they're like, "40 grand?" 20%. You think 20%, 30, 40, 50
grand. At first, most people are thinking what? What's that about? People have a
limited amount of money. I got 300 grand, I got 200 grand, I got 600 grand. And if I
put 40 grand the property, then I got no more money. Because they act like money
is disappearing. There's something weird. There's fear, there's scarcity
there. How many of you can see that will be useful to eliminate that? Here's what
you doing? You got to get to how many homes? Because 5 homes gives you a
what? And if you use my system then your track record will all look the same
stamped out. Does this make sense? Okay, 20% down means that if it's
40,000 a home, how much money would you need if you were gonna do it all 20%
down? 200 grand. You might going on the lower income properties where
it's 25 grand it might be 150 grand. So, the first thing you do is
you're going to sit there and be like... Some you're like, "If you got the money like,
All right, let's do it." Because many of you in this room do. But some of you
starting off the way us are not you're like, "I don't got that." We got something.
For you number 1, go buy it down go buy a primary residence that requires a much
smaller down payment. If that doesn't work, check out the no money down deals.
Fund your deal with a financial partner. Now, I'm gonna tell you
right now, it's easier to get a partner if you have a track record. But if you
don't, you should be looking for affinity. You should be looking for parents, family,
friends, people that know you. People that can come to trainings like this. People
that can watch over your shoulder the trains you're getting and get some help
to come into the game. I'm telling you right now. Ask Mel Fisher "Is the money
out there?" So, I'm asking you now. is the money out there? If the guy can take 16
years and pull up a billion dollars worth of treasure from the bottom of the
sea floor, I'm pretty sure you can find a couple hundred grand. Right? I'm the Freak.
Which one would you rather do? So, here's what you do in your mind palace. You
create absolute certainty. I spend a few minutes every morning in my mind Palace
and I review my results. So lately, it's, "Oh, yeah." Got that billion dollars. It was
super easy to put that fun together all the numbers look good. Oh, here we go.
"Market crashes oh look at all homes. Are we buying right now? We own in that
market right there by 300 homes a week. We buying this one out. I feel so good. I
like that. Yes, whoo I'm like winning that feels
good man. I'm growing. this is a fantastic. Oh, my networks are growing. This is
incredible. You know, I got Dr. Dre on my podcast. That's weird, but okay." So,
in my mind palace, everything goes in my bi palace everything that I want, I get
now. In my mind palace, I see me in my fittest shape. In my mind Palace, I see
myself with billions of dollars. In my mind palace, I see my relationships 10
out of 10. And by practicing that, here's the cool thing about your body: Your
subconscious mind cannot tell the difference from reality and dream. How
many of you ever had a dream so vivid. You're sure was so real and then you
woke up and you were just mind blown that it was all just a dream? That's how
powerful this thing is? What you're doing is you're programming it and you're
convincing it that what you want it already has. So, when I say getting your
mind Palace, this is no different than Olympian doing visualization.
Visualization of my mind Palace, I have everything I could ever want. I'm doing
all the contribution charity I could ever want. Everything as big as I dream.
It's all in my mind Palace and I live with it. And I live with it to the point
where I feel it. Step 3. If you don't have a partner then you can
do a no-money-down deal. What ?I've no money down or a low money down deal. The
training and the Lease Option course those you that are part of life master
university. It's all in there. All the training that you need. And everything I
just added last week friends, trust me. You got everything that you need. The
only thing that you need to bring to the table is your certainty and then putting
in the action.
you