In this episode of Spur Equity’s ‘Spur Your Wealth’ podcast, hosts Param Singh and Rav Singh from Spur Equity sit down with special guest Rosa Tejado. Rosa shares her inspiring journey from Mexico City to the United States, where she faced significant challenges including bankruptcy and near eviction before discovering the transformative power of real estate and creative financing. Rosa delves into strategies like subject-to and wraparound financing, illustrating how these methods can be utilized to invest in real estate with little to no money down. Whether you’re a seasoned investor or just starting out, this episode offers invaluable insights into overcoming financial hurdles and achieving financial freedom. Tune in to hear Rosa’s story and learn practical, actionable advice to spur your own wealth journey.
KEY POINTS FROM THE EPISODE:
1. Rosa Tejado shared her inspiring journey from Mexico City to the United States, highlighting her experiences with business ownership, bankruptcy, and financial recovery through real estate investing.
2. She introduced the concept of creative financing, specifically the ‘subject to’ strategy, where one can purchase property subject to the existing loan without traditional financing.
3. Rosa emphasized the importance of having a strong ‘why’ as a motivator for taking risks and achieving financial success, especially in challenging situations.
4. The episode discussed various exit strategies for real estate investments, with a focus on the wraparound method, which provides multiple profit avenues such as down payments, cash flows, and interest rate differences.
5. The hosts and guest highlighted the significance of mindset and confidence in pursuing real estate opportunities, especially in a tight market, and encouraged listeners to take action and seek creative solutions even without significant liquidity.
LinkedIn: @spurequity
Website: www.spurequity.com
CONTACT TODAY’S GUEST:
Linkedin: linkedin.com/in/rosa-e-tejado-a5b7341a5/
Instagram: @sellittorose
