How We Acquired 27 Houses in 3 Months | EP. 62

What does it take to quit your job, find yourself owning 27 houses, pay back your hard money lender, and get a healthy bank appraisal on the properties so that you're sitting pretty in under 3 months? Velocity of wealth. Faster freedom. This is Sam and Lucas's game, and today they are sharing the story of the deal that put them on the map!This episode clearly demonstrates how, with decisive action (and some shrewd maneuvering to get the bank appraisal guys to visit the houses that they'd put some work into), Sam and Lucas were able to buy for $1.5 million and then get $2.12 million from the bank, leaving them with over $700K in equity in under three months.Our hosts are basking in the glory of the good old days while showing the rest of us that deals like this are still out there if you manage your relationships with your bank and hard money lenders well – not to mention applying the BRRRR strategy and having a good property management company on hand. Faster freedom awaits you too. Now, whether or not to buy a motel in Branson… that is the next question!  "Looking back, this was pretty crazy. We'd just quit our jobs and were like, let's buy 27 houses!" - Sam Primm"What's crazier: that or a motel in Branson?" - Lucas WallsIn this Episode:-Getting 27 houses under contract for $1.5 million-The pain of paying back the hard money lender $15K interest a month -Why exterior improvements are easier to do when you have tenants-How the bank appraised the houses – getting access to which houses they'd be looking at -The value of maintaining good relationships with your bank and hard money lender-Appreciating the power of real estate when you suddenly own 27 houses-Why every rental is worth at least $200K in ten year's time-The 20 Questions gameAnd more!Connect with Sam and Lucas:- Website - https://fasterfreedom.com/- Instagram - https://www.instagram.com/samfasterfreedom/- Facebook - https://www.facebook.com/SamFasterFreedom/- LinkedIn - https://www.linkedin.com/company/faster-freedom/- YouTube - https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw- TikTok - https://www.tiktok.com/@samfasterfreedom