I bought a 24 unit Multifamily with NO MONEY

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  • Опубліковано 8 кві 2024
  • My investing journey. I bought a multifamily apartment with no money. No investors would help me. I hit roadblock after roadblock but finally figured out how to do it. Learning how to invest in multifamily.

КОМЕНТАРІ • 34

  • @donnab3183
    @donnab3183 3 місяці тому +1

    So happy for you, thank you for sharing. Hope all is well with your little girl. 😊
    Also, you have a good friend.

    • @EthanFlynn
      @EthanFlynn  3 місяці тому

      Thank you! She is doing well. And I have a great friend!

  • @fillyKB24
    @fillyKB24 3 місяці тому

    Very inspirational. Thank you for sharing

  • @user-nn1fb9cj5g
    @user-nn1fb9cj5g 3 місяці тому

    Thanks for sharing Ethan. Hope your little girl is doing well.

    • @EthanFlynn
      @EthanFlynn  3 місяці тому +2

      Ty! She’s doing really well.

  • @ThriftyCHNR
    @ThriftyCHNR 3 місяці тому

    Great investment story. Loved the nugget about the seller financing the down payment. It surprises me how people can acquire property for so little money.

    • @EthanFlynn
      @EthanFlynn  3 місяці тому +1

      I had no idea you could do it. Truly amazing.

  • @ForeverYoung-fc3eo
    @ForeverYoung-fc3eo 3 місяці тому

    Inspirational!

  • @guruck
    @guruck 3 місяці тому

    What a captivating story! It goes to show the importance of connections and relationships. I hope you bought your sister a nice dinner for the referral. 🙂

    • @EthanFlynn
      @EthanFlynn  3 місяці тому

      My sister is awesome! She’s always been there for me. All the way back to my first job and how to drive, now I can add real estate.

  • @adambeck3280
    @adambeck3280 2 місяці тому

    Awesome.

  • @gmil2573
    @gmil2573 3 місяці тому

    Good work. You deserve it for the amount of risk and work you took. I wouldn't be surprised if you will be able to buy it back again in one or two years for $1m or less. Keep your eye on it. 🤫

    • @EthanFlynn
      @EthanFlynn  3 місяці тому

      Ha! East tn is hot. A lot would have to change.

  • @nellybelly623
    @nellybelly623 3 місяці тому

    Hey! Hey!

  • @TheDankrista
    @TheDankrista 3 місяці тому +1

    Pace calls that the Morby method

  • @SirCarlosMusicBMI
    @SirCarlosMusicBMI 3 місяці тому

    🎉🎉🎉 What an amazing testimony 😊. I absolutely love creative financing.
    One of the best investments I did was buying a restaurant building, No money down, owner financing and the owner actually gave me a check at the close of Escrow ($20,K) to help me get started.
    This is the last building I sold about a year and a half ago and almost Tripled my MONEY 💵.
    This is a great story Ethan.
    Thank you so much!
    Blessings,Carlos ✝️🙏❤️😊🇺🇸

    • @EthanFlynn
      @EthanFlynn  3 місяці тому +1

      Amazing Carlos. Sounds very similar to my experience. Very cool.

    • @SirCarlosMusicBMI
      @SirCarlosMusicBMI 3 місяці тому

      @@EthanFlynn
      Great minds think alike 👍

    • @ThriftyCHNR
      @ThriftyCHNR 3 місяці тому

      @@SirCarlosMusicBMIwhat did you do to make the building worth triple?

    • @SirCarlosMusicBMI
      @SirCarlosMusicBMI 3 місяці тому

      @@ThriftyCHNR Just gave it time and I paid for it by running my business through it.
      Hope that helps.

    • @ThriftyCHNR
      @ThriftyCHNR 3 місяці тому +1

      @@SirCarlosMusicBMI I mean why would they sell you a property worth 3 times more ? What additions and renovations did you do to make it worth a lot more? Just curious.

  • @marciedotson4923
    @marciedotson4923 3 місяці тому

    ❤❤❤

  • @ronnyvarghese
    @ronnyvarghese 3 місяці тому +1

    Ethan, let’s hook up sometime. Not sure if you are IN nashville or not, but I’m in Brentwood.
    Seen your videos, I always thought you were a doom n gloomer lol… but I have a very similar story and appreciate you sharing it.
    I’m part of REIN as well.. will be doing Haves and Wants this Friday… look me up bro!

    • @EthanFlynn
      @EthanFlynn  3 місяці тому

      Wow. Very cool. Would be great to hear your story.

  • @brandonbranco1
    @brandonbranco1 3 місяці тому

    And now you can follow this video up on how they're now worth 5 million. Ha! Hope all is well with your daughter. Curious what was stalling the investors.

    • @EthanFlynn
      @EthanFlynn  3 місяці тому +1

      Lol. They got a good deal for the time. I don’t know that it continued appreciating like that. Nationally MF dropped 30% in value since then but east tn is hot. It was an easy pass for investors. I had never done one, wasn’t local, and nobody knew me.

  • @rharan1
    @rharan1 Місяць тому

    Whats the website to the “Real Estate Network” that is legitimate?

    • @EthanFlynn
      @EthanFlynn  Місяць тому

      www.reintn.net/
      I’m sure it’s like anything else. There are some great resources but need to be careful. I was never super involved but certainly benefited from it.