5 Doors by Using Seller Financing for the First Time with Aaron Chapman

Aaron Chapman ran into major obstacles on his first 2 real estate deals... obstacles you might face as you launch your own investing career. Wouldn't you like to know how to react when you're turned down for a loan? Today, you'll learn how! From a duplex purchase that seemed doomed when he lost his job while in escrow... to a triplex purchase that a bank wouldn't touch, this Louisville, KY investor breaks down how he reached 5 doors by age 24 – and his exact roadmap to reach financial independence by age 30! Oh, and don't miss the story of how Aaron wound up on the show (hint: his fiance is the real MVP!). Before you go, here's a challenge for you: who in your market would make a great guest for this show? Send them over to biggerpockets.com/guest and we'll take a look at their application. In This Episode We Cover:His "work backwards" plan for achieving financial freedom ($10k/month) by age 30Aaron's process for "driving for dollars"Living for free through house hackingBuying a "1% rule" triplex using seller financingHow he achieved a 47% cash-on-cash returnHow he and his fiance adjusted when he lost his job while under contract on his first deal!Getting your spouse or partner interested in investingAnd SO much more!Links from the ShowReal Estate Rookie Facebook GroupFelipe's InstagramAshley's InstagramBiggerPockets PodcastBiggerPockets MoneyBiggerPockets BusinessBiggerPockets Podcast 329: Financial Freedom Before 30 Through Just 10 Deals With Felipe MejiaRobert KiyosakiCozyStessaDeal CheckDeal MachineZillowCheck the full show notes here: https://www.biggerpockets.com/rookie27