128: Investing in Foreclosures, Quitting Your Job, and Getting More Than 10 Loans with Anca Rader

On this episode of the BiggerPockets Podcast, we sit down and talk with a real estate entrepreneur who recently was able to quit her job and travel the world thanks to her real estate ambitions! You’ll learn the unique methods Anca uses to get around the “4 to 10 loans” limit to finance numerous properties, as well as many other tips on everything ranging from house hacking to buying foreclosures to buying at an auction, and so much more. Don’t miss this excellent interview with an incredible successful investor, Anca! In This Episode We Cover:How Anca got started with real estateWhy Anca started with 50-50 partnership deals with her dadHow they got their first dealHow home equity loans can help you investBuying foreclosed propertiesThe ins and outs of REO foreclosuresTips for new real estate investorsWhat you should know about getting loansHow Anca manages her 33 rental unitsUsing commercial loans to finance residential investmentsHow Anca uses the BRRR strategy to invest with low-money downAnca’s smart strategy for getting deals when working with other agentsThe dangers of buying properties in auctionThings you need to know about long distance investingAnd SO much more!Links from the ShowBiggerPockets StoreThe Book on Flipping Houses by J. ScottThe Book on Investing with No Money Down by Brandon TurnerBiggerPockets WebinarBiggerPockets Webinar Pro ReplaysAuction.ComHubzuHomeSearchSeth Rogen & James Franco Bound 3 HD (Explicit)Books Mentioned in this ShowRich Dad Poor Dad  by Robert KiyosakiTotal Recall: My Unbelievably True Life Story by Arnold SchwarzeneggerThe Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan HolidayConnect with AncaAnca’s BiggerPockets ProfileAnca’s Company Website