Shownotes Transcript
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This episode with Dan Wynn was epic! Dan is currently a Finance Officer in the Army. He founded the Military CashFlow education platform to help other servicemembers build wealth and create passive cash flow through real estate. Dan started his investing journey working on fix and flip projects for free in college to learn about rehabbing properties. When he read Automatic Millionaire, his mindset on money and investing changed instantly. His first investment was a single family home in Jacksonville, Florida. When a home across the street sold for $110,000, he did a cash out refinance and used the money to buy his first multi unit property in Columbus, Georgia. From there, he purchased several other single family homes, another 4 unit property. He sold his single family homes and plans to get into large syndication deals and continue to grow Military Cashflow in the future. In this episode we discuss how he grew his portfolio, his Military Cashflow platform, the VA (Veteran Affairs) Loan, future plans and more. How you can find himIG-@danwynnrei,@militarycashflowWebsite-https://www.militarycashflow.com/)Listen to his podcast- "Military Cashflow"
Highlights
- Be patient when looking for properties. You may have to analyze over 100 deals before finding the right one. Be patient and don't give up.
- The VA Loan is a 0% down loan that also doesn’t have PMI (Private Mortgage Insurance). It can be used for a single family or multi family home. Service Members and Veterans should consider using this program to invest.
- Don’t focus on problems, focus on providing a solution to the problem. If you have investing knowledge, share it with everyone around you
- Investor Tips- Change Your Mindset, Self Education, Network and Take Action
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