| Title | : | How I Bought This House For $0 |
| Lasting | : | 13.18 |
| Date of publication | : | |
| Views | : | 2,4 jt |
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Hey Graham i m the previous owner of this house you mention in the video You owe me 90k but i m ok w 10also Comment from : @oliverbudai4042 |
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Graham I know this video is old but this video has very good info Thank you very much Comment from : @MEMcCamishJR |
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All of you with negative attitudes towards him is why you probably will never replicate what Grisham has Comment from : @crb4059 |
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J dilla on the beat Comment from : @VEVO_SB |
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Valuable information thank you Comment from : @itstime7506 |
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So basically you went from a mortgage of 438k to another of 585k to finally end up with a mortgage of 675k Difference of 237k so your 230k still inside your mortgage and now with interest Good luck! Comment from : @arseniolupin24 |
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Clickbait title Great video Great advice Comment from : @rlmccoy252 |
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Someone slept his way into an old ladies will 😂😂😂 Comment from : @Odysseus38 |
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Best part start at 10:31 lol Comment from : @fenameninamerica |
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self-indulgent BIIAATCH Comment from : @JigglyPuff6969 |
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I hate you Comment from : @JigglyPuff6969 |
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you a lyin sack of b**/b Comment from : @JigglyPuff6969 |
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Correct me if I'm wrong, but by conducting an appraisal and increasing the loan value, didn't he increase his monthly mortgage payment? Comment from : @justvibin035 |
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You still don't own it All you did was increase its value and get better loans You still have to make payments This is confusing your hardly buying it The banks own it They own your debt They own your payments They own your money for 30 years Comment from : @jeremiah4267 |
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sheesh you didn't tell them you were basically robbing them at that price You exploited their foolishness Sounds like a pretty unrighteous thing to do Comment from : @jeremiah4267 |
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Had to watch it twice to fully understand but basically, because of the refinances you got your money back fast and now there's a renter in there paying off your mortgage for you That's smart Comment from : @Maxime_K-G |
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What about the cost of the mortgage payments over time… did he have a renter in the unit or was he eating that cost too? Comment from : @LynsieHarper-mi3ji |
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But now you owe 970 k, don’t you ?? Comment from : @albanhuerta4687 |
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Wouldn’t you still need to pay interest on the loan every month, meaning some out of pocket money? Comment from : @gaellev9204 |
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But if we can’t do that yet Comment from : @vstopcappin8903 |
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you just got lucky! Comment from : @ARMY-yr3xq |
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Summary: Graham in the video describes how they were able to purchase an income-generating property in Los Angeles for $0 They explain that they searched for the property for six months and finally found a 1920 Spanish duplex that was priced at $585,000 but they believed was worth $675,000 The speaker had an advantage because they were the first one to see the property and there were no other offers They made an immediate offer of full price with the condition that the owner accepted immediately, which the owner did The speaker notes that the owner and real estate agent did not have a good understanding of the property's value and that the speaker's strategy was to use leverage by being the first one to see the propertybrbrNote: For entertainment purposes only Comment from : @chatgpt-unofficial |
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How much was it for the appraiser to do the appraisal? Comment from : @thesnare100 |
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But like don’t you still need to pay off the higher mortgage? Comment from : @Ovulations |
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This video makes him 200000$ Comment from : @kavankavanii9226 |
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This guy doesn't make sense Another liar! $438,000 but the price you paid for the property is $585,000 He did not explain this correct Comment from : @realityrealestate5755 |
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Great video Comment from : @georgecampuzano |
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AFV real estate Comment from : @vinniethomas7436 |
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Notice it took you $80k out of pocket to fix so hence you still need money to play in this real estate sandbox you have to first spend money to make money Comment from : @publichealthhired |
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I don't have the money for the initial investment and don't qualify for a loan so I'm out! Great vid though! Comment from : @49Macman |
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Aren't you just taking on bigger and bigger loans with bigger monthly payments? Comment from : @trevshreds |
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TNX GOOD Comment from : @farhanabdulhamid4214 |
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Please teach me I need a house Comment from : @Chris_Garcia-693 |
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I dont get how you got a new mortgage and you don’t you owe the “extra” money? A mortgage is a loan so you owe that money Comment from : @PJ-hi1gz |
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This has to be a joke You're literally just pulling out bigger and bigger loans to pay off the old ones🤣🤣🤣🤣 Congrats on going from a few hundred grand in debt, to well over half a million 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Comment from : @imprezzive3153 |
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I'm new to cryptocurrency and I don't understand how it really works I've lost quite a large amount of BTC investment due to the current drop Can anyone show me the right approach to invest with cryptocurrency and get good profits?? Comment from : @stevenanderson2750 |
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Smart Comment from : @isaacshacky17 |
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Your a funny guy lol, had me a cracking up a few times Comment from : @Robert-wb8ok |
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I enjoy how he puts all these people in their PLACE! 💀 Comment from : @andrewshock388 |
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I get that you recycle (that's we call it here) the mortage but why would the bank knowingly let take a new loan that you profit 150k Bank can't give the smallest duck about youbrbr If you can explain Comment from : @mesiroy1234 |
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He really didn't explain how he paid zero when he initially put down $150,000 Comment from : @bonammi |
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It seems like you're doing the same thing that I've kinda hit a brick wall doing --- using loans backed by your income to cash out I can't make the numbers for any of the stuff I own in the Seattle area work re debt coverage ratio to use commercial loans Any thoughts? Comment from : @benlackey5068 |
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"How I Bought This House For $0"brRecommendation: bMrBeast/b b"I Sold My House For $1"/b Comment from : @chokoon21 |
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3:18 Instead of paying the full price right away, he could have made an option, am I right? Comment from : @mapcec593 |
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Al gore's rhythm Comment from : @Thejarebear2 |
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Just have to give it to you, you are one of the smartest people i have seen Comment from : @RW-Derks |
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Watched this in 2x very nice Comment from : @bobbyyranger150 |
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You made a property an affordable one into one that you woudlnt wanna buy $900k property who tf is gonna buy that small house I haven't seen the whole video but we need to look out for each other, sell it to someone with a fairish price Comment from : @bobbyyranger150 |
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Okay, brain blownbrTime to grow my $200 bank account to get a house Comment from : @Repulseer |
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Thanks Graham for always showing detailed steps and visuals to see each action step I really appreciate you Just discovered you a month ago and catching up on all your videos I work near San Bernardino so you when you shared that was your first investment home I thought how cool- you’re doing this in California- I can too! Comment from : @Awilliamspsyd |
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I was wondering when you refi, do you have to pay PMI since you’ve taken out money? Or did you go with higher interest sans PMI? I’m interested to hear from you since we just canceled our PMI recently Comment from : @fabpyolouslife4030 |
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10:50 Comment from : @edgardanishh |
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Mindblown! Always enjoy watching your content Graham Comment from : @TT-vs2ti |
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Not sure how your lower financed contingency offer wasn’t bumped by the higher all cash offer! 🤔 Comment from : @icie4u |
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Come on man Comment from : @EyeOnlyHaveEyes42 |
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So you risked almost 600k to make money congratz just give me 600k to risk without risking a life in dept/prision and ill do the sam Comment from : @fifthycharaktersforaqualit7468 |
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Interesting, and does make a lot of sense! But hard to believe that the owner and the agent didn't research the price point to sell the house Comment from : @renebarros2848 |
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Thanks Graham, cool video! :D Comment from : @justinjohnson9627 |
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I love this video! Comment from : @kingporter67 |
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Nicely done, Graham Comment from : @dremmanuelalfa7373 |
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So you paid a sales price of $585,000 for house (plus $80,000 in renov/repairs) That sounds like more than $0 Comment from : @TM-tw1py |
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If I get that house, I could claim all beds and my own pets Comment from : @Kristiansolis15 |
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It’s a dangerous game for those who are not fully in real estate Comment from : @how-to-live-right |
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had to watch this 3 4 times to understand (I'm 17 don't attack me lol) Comment from : @ayaan7727 |
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damn this guy is a genius Comment from : @ahnafthaqeef4316 |
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I like these real estate values from Graham Comment from : @johndonne8657 |
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I am currently too stupid to do this 😅 Comment from : @roadfever2015 |
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Leverage works both ways This is how we got the meltdown of 2008 Comment from : @BBones-w3y |
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He probably bought it cash, and sold it for $0 to himself Comment from : @Grumpyskater |
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Wait so don't you owe the bank the new value of the loan Comment from : @nathanwilson1407 |
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Uncle Rey!! Comment from : @unclereyofficial |
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mean olympic when shaft refuse excuse such country neither next present draft Comment from : @ianrobert6073 |
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Is he still paying a mortgage? Comment from : @RS-cl5wg |
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Graham Annoying Comment from : @ctjsca |
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In the words of pokimane, this guy has cheats on Comment from : @jtwarper2963 |
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More like this please Comment from : @ftlbaby |
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