Zach Beach Podcast Interview

Former Bartender Hits the Ground Running, Making Over 100 Deals Working For His Father in Law, Real Estate Industry Veteran Chris Prefontaine

What you’ll learn in this episode:

• The role mindset played in his leap of faith to go from guaranteed money as a bartender to join the then-small business launched by Chris Prefontaine and his brother in law Nick Prefontaine.
• PreProperty Solutions focuses on buying properties on terms, based on three primary categories – lease purchase, rent to own and owner financing deals
• Their main focus is to put little or no money down and craft up long terms to create “our three paydays”
• 95% of the time, their exit strategy is selling the property through a rent to own program, which generates the “three paydays.” They do this by taking a non-refundable deposit that counts towards the purchase price. The second payday is between the expenses that they have on the house and what they can collect as a monthly payment. #3 is the back end payment or principal pay down, if there’s a mortgage or if it’s owner financing.

And much more!

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