#122 with Gabriel Hamel: Scaling to 175 Units with Seller Financing and Growing Into Mobile Home Parks Millennial Millionaire Real Estate Podcast

    • Investing

In this episode, Jonathan Farber interviews Gabriel Hamel on his path from his first three househacks to holding around 175 units through seller-financed property and growing into mobile home parks. Gabriel is a seller financing expert with a booming multifamily business based in Oregon. In this episode, we break down topics like: why you should use seller financing, seller financing top tips, the drive behind your real estate, and more!

Top Takeaways:

The benefits of seller financing - 9:30 - 11:00


When you have to go to a bank, they set the terms of the loan and those terms are rigid

In seller financing, the property seller collects the mortgage and you still own the property

The huge benefit is that the terms are whatever the seller is willing to agree on


How to optimize your seller-financed deals - 24:15 - 26:45


Offering higher payments with little to no down hedges some risk and can open more doors

Basing your numbers on actual rents further decreases the risk

As long as you can make cash flow happen in those conditions, it only goes up from there


Figuring out why you’re doing real estate - 28:45 - 33:00


Based on how you want to live, you can be financially free very rapidly

Nearly all successful real estate investors are driven by something that only real estate can give

If you can put everything into real estate for 10 years, you’ll end up far beyond what you imagined


Resources:

gobundance.com

Social Links:

biggerpockets.com/users/GabrielHamel

@gabrielrhamel

hamelinvestments.com

Connect With Our Sponsor, MartelTurnkey:

martelturnkey.com

Schedule a Call

info@martelturnkey.com

Connect With The host, Jonathan Farber Here!

LinkedIn: https://www.linkedin.com/in/jonathanfarber1/

Instagram: @jonjfarb

Facebook: https://www.facebook.com/jonathan.farber.9

Facebook Group: Real Estate Mentorship Mastermind

https://www.facebook.com/groups/860025821084224/

BiggerPockets: https://www.biggerpockets.com/users/JonathanF29

Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw

Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr

Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber interviews Gabriel Hamel on his path from his first three househacks to holding around 175 units through seller-financed property and growing into mobile home parks. Gabriel is a seller financing expert with a booming multifamily business based in Oregon. In this episode, we break down topics like: why you should use seller financing, seller financing top tips, the drive behind your real estate, and more!

Top Takeaways:

The benefits of seller financing - 9:30 - 11:00


When you have to go to a bank, they set the terms of the loan and those terms are rigid

In seller financing, the property seller collects the mortgage and you still own the property

The huge benefit is that the terms are whatever the seller is willing to agree on


How to optimize your seller-financed deals - 24:15 - 26:45


Offering higher payments with little to no down hedges some risk and can open more doors

Basing your numbers on actual rents further decreases the risk

As long as you can make cash flow happen in those conditions, it only goes up from there


Figuring out why you’re doing real estate - 28:45 - 33:00


Based on how you want to live, you can be financially free very rapidly

Nearly all successful real estate investors are driven by something that only real estate can give

If you can put everything into real estate for 10 years, you’ll end up far beyond what you imagined


Resources:

gobundance.com

Social Links:

biggerpockets.com/users/GabrielHamel

@gabrielrhamel

hamelinvestments.com

Connect With Our Sponsor, MartelTurnkey:

martelturnkey.com

Schedule a Call

info@martelturnkey.com

Connect With The host, Jonathan Farber Here!

LinkedIn: https://www.linkedin.com/in/jonathanfarber1/

Instagram: @jonjfarb

Facebook: https://www.facebook.com/jonathan.farber.9

Facebook Group: Real Estate Mentorship Mastermind

https://www.facebook.com/groups/860025821084224/

BiggerPockets: https://www.biggerpockets.com/users/JonathanF29

Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw

Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr

Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA