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 30
Aaron's process for "driving for dollars"
Living for free through house hacking
Buying a "1% rule" triplex using seller financing
How he achieved a 47% cash-on-cash return
How he and his fiance adjusted when he lost his job while under contract on his first deal!
Getting your spouse or partner interested in investing
And SO much more!

Links from the Show

Check the full show notes here: https://www.biggerpockets.com/rookie27

Learn more about your ad choices. Visit megaphone.fm/adchoices

27: 5 Doors by Using Seller Financing for the First Time with Aaron Chapman 50:19 Share

Real Estate Rookie

Shownotes Transcript

27: 5 Doors by Using Seller Financing for the First Time with Aaron Chapman