1 Rental to Freedom Podcast
Ep. 244 - He Bought 23 Rentals in One Year With None of His Own Money (Private Lending with Jon Hayes)
One of Jon Hayes' clients bought 23 rental properties in his first year. Not flips — buy and hold, fully rehabbed, built to last. And he didn't use a dime of his own money to do it. Jon is a fourth-generation real estate guy and a private lender who structures deals in two pieces: short-term money to buy and rehab, then long-term financing once the property's fixed up and rented — so you can refinance out and keep your cash in your pocket. On a $200K rental at 70% loan-to-value, that's $60,000 in equity created in one deal. Do that 20 times and you're looking at $1.2 million in equity in a single year. We get into how his family's been doing this since 1988, why he steers people away from flipping and toward buy-and-hold, the renovation mistakes that'll bite you later (yes, the plumbing), and why building relationships beats knowing everything. If you've ever thought you needed a pile of cash to scale a rental portfolio, this episode will change your mind. Want to connect with Jon Hayes? Jon said to text him anytime — he's genuinely responsive to real investors. Reach him at 502-658-7418 or jon@flippinloan.com , or check out his site and apply directly at FlippinLoan.com. Visit our website at www.TrueWealthInvestors.com for more real estate wisdom and resources. More Resources & Links Struggling to get started in Real Estate or feel like you are struggling to get to the next level? Check out this Free Vision Casting Video to help clarify your goals and get specific steps to accomplish them! Schedule a 30 Minute Discovery Call with Chad Accelerate the growth of your business and reclaim control of your life! Are you tired of your business running you instead of the other way around? It's easy to get bogged down in the day-to-day operations, making it challenging to identify overarching challenges and solutions. Let's schedule a call to gain a strategic 10,000-foot perspective and devise a tailored plan for your success. Take the first step towards a business that not only thrives but also enhances your life! Connect with Chad on LinkedIn Follow Chad on Instagram Follow Chad on YouTube Follow True Wealth on Facebook Be sure to leave a rating & review to let us know how this show has helped YOU!
