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How I Bought This House For $0

Graham Stephan 2 views

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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

Graham I know this video is old but this video has very good info Thank you very much
Comment from : @MEMcCamishJR

All of you with negative attitudes towards him is why you probably will never replicate what Grisham has
Comment from : @crb4059

J dilla on the beat
Comment from : @VEVO_SB

Valuable information thank you
Comment from : @itstime7506

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

Clickbait title Great video Great advice
Comment from : @rlmccoy252

Someone slept his way into an old ladies will 😂😂😂
Comment from : @Odysseus38

Best part start at 10:31 lol
Comment from : @fenameninamerica

self-indulgent BIIAATCH
Comment from : @JigglyPuff6969

I hate you
Comment from : @JigglyPuff6969

you a lyin sack of b**/b
Comment from : @JigglyPuff6969

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

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

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

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

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

But now you owe 970 k, don’t you ??
Comment from : @albanhuerta4687

Wouldn’t you still need to pay interest on the loan every month, meaning some out of pocket money?
Comment from : @gaellev9204

But if we can’t do that yet
Comment from : @vstopcappin8903

you just got lucky!
Comment from : @ARMY-yr3xq

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

How much was it for the appraiser to do the appraisal?
Comment from : @thesnare100

But like don’t you still need to pay off the higher mortgage?
Comment from : @Ovulations

This video makes him 200000$
Comment from : @kavankavanii9226

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

Great video
Comment from : @georgecampuzano

AFV real estate
Comment from : @vinniethomas7436

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

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

Aren't you just taking on bigger and bigger loans with bigger monthly payments?
Comment from : @trevshreds

TNX GOOD
Comment from : @farhanabdulhamid4214

Please teach me I need a house
Comment from : @Chris_Garcia-693

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

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

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

Smart
Comment from : @isaacshacky17

Your a funny guy lol, had me a cracking up a few times
Comment from : @Robert-wb8ok

I enjoy how he puts all these people in their PLACE! 💀
Comment from : @andrewshock388

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

He really didn't explain how he paid zero when he initially put down $150,000
Comment from : @bonammi

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

"How I Bought This House For $0"brRecommendation: bMrBeast/b b"I Sold My House For $1"/b
Comment from : @chokoon21

3:18 Instead of paying the full price right away, he could have made an option, am I right?
Comment from : @mapcec593

Al gore's rhythm
Comment from : @Thejarebear2

Just have to give it to you, you are one of the smartest people i have seen
Comment from : @RW-Derks

Watched this in 2x very nice
Comment from : @bobbyyranger150

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

Okay, brain blownbrTime to grow my $200 bank account to get a house
Comment from : @Repulseer

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

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

10:50
Comment from : @edgardanishh

Mindblown! Always enjoy watching your content Graham
Comment from : @TT-vs2ti

Not sure how your lower financed contingency offer wasn’t bumped by the higher all cash offer! 🤔
Comment from : @icie4u

Come on man
Comment from : @EyeOnlyHaveEyes42

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

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