Creative Financing and Profit First: Building Wealth in Real Estate with Joe and Jen DeFave

“Our favorite way to buy real estate is to learn how to buy rentals without banks, without using your credit, and this is the strategy we've been using now for eight years.”

In this episode of Profit First for REI podcast, we interviewed Joe and Jenn Delle Fave on the show. Joe and Jenn are real estate investors, coaches, and the duo behind the Creative Finance Playbook—a YouTube channel where they share the wonders of non-traditional financing for real estate.

Listen as they share their experiences with Profit First and what it feels like working with a CFO. They also talked about learning to buy rentals without banks and credit cards, how to get leads, and more! Enjoy the show!

Key Takeaways:

[01:05] Introducing Joe and Jenn Delle Fave
[03:21] Jenn's experience with Profit First
[05:26] Surprising things working with a CFO
[12:19] Learn how to buy rentals without banks
[18:16] How does marriage help them on the financial side of things?
[22:20] How do I get leads?
[25:35] Connect with Joe and Jenn Delle Fave

Quotes:

[03:48] “A CFO is for anyone looking to get their financials in order, and take that stress off of you as an entrepreneur because there are a lot of other things you can be doing, and should be doing with your time.”

[14:19] “The key [in real estate] is to have a strategy that isn't depending on the rates of banks and things like that…” 

[22:31] “This was probably my biggest challenge, and I've noticed this is a lot of folks' biggest challenge: How do I get leads?… We've found a free method. It costs zero dollars to do… by using Facebook groups.”

Connect with Joe and Jenn:

Website: https://creativefinanceplaybook.com/ 

Tired of living deal to deal? 

If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. – David