106: How to Do 100+ Deals Without a Bank (While Raising Unlimited Funds) with Mike Sumsky

<p>Is it possible to build a large real estate business without the use of banks? Our guest today,&nbsp;Mike Sumsky, shows us that it’s not only possible – but can be incredibly beneficial! Mike has done well over 100 deals in the past several years using a variety of creative finance methods and shows you how you can do the same.</p><p>Listen for great tips on obtaining private money, finding deals by knocking on doors, and other innovative&nbsp;strategies for building your real estate business. Whether you want to overcome a lack of funding or you just want to explore creative ways to raise capital, this is an episode you don’t want to miss!</p><p>In This Show We Cover:</p><ul><li>Mike’s thoughts on&nbsp;creative&nbsp;real estate investing</li><li>How he got his&nbsp;first properties</li><li>Investing while&nbsp;losing a&nbsp;job</li><li>The beauty of&nbsp;taking action&nbsp;without knowing everything yet</li><li>How to get your&nbsp;first deal from&nbsp;knocking on doors</li><li>The anatomy of a&nbsp;short sale</li><li>Tips on&nbsp;applying&nbsp;for a bank loan</li><li>How to&nbsp;learn&nbsp;while doing</li><li>Closing on a house&nbsp;with&nbsp;less than 5 thousand dollars</li><li>What “Subject To” type deals are</li><li>Everything you need to know&nbsp;about&nbsp;private money</li><li>How to become “the prize” in each transaction</li><li>Plus MUCH more!</li></ul><p>Links From the Show:</p><ul><li><a href="mailto:trivia@biggerpockets.com" target="_blank">BiggerPockets’ Trivia (email)</a></li><li><a href="http://biggerpockets.com/show105" target="_blank">BP Podcast Show 105</a></li><li><a href="https://www.youtube.com/watch?v=WmgrJ7jiuGo" target="_blank">Video of the flood with Brandon</a></li><li><a href="https://www.youtube.com/watch?v=Hau5qixmjb0&amp;feature=youtu.be" target="_blank">And another video</a></li><li><a href="https://www.biggerpockets.com/rei/real-estate-clubs/" target="_blank">BiggerPockets’ List of Real Estate Meet ups</a></li><li><a href="https://www.creditkarma.com/" target="_blank"