The Bank Told Me No - Mo Obotette

Multifamily Missteps Hosted by Christy Keeton

You can use other people’s money to invest in real estate. That’s what loans are for. But what would you do if lenders like banks will not let you borrow money? Mo Obotette recalls this experience and does not want to repeat it. Here's what went wrong in this experience and how he can make it right the next time. We will also discuss how this experience is related to one of the key principles in real estate investing: proving value.

[00:01 - 03:07] Opening Segment

• I welcome today’s guest, Mo Obotette
  • From computer programming to real estate

[03:08 - 12:29] Showing Your Value

• Listen to our exchange about commercial loans
• Mo talks about his experience on single-family investing
• How to show your value in real estate

[12:30 - 22:35] Joint Venture vs. Syndication

• How to build your confidence in making a deal
• The real risk you should know in real estate
• Joint venture vs. syndication
  • Listen to our exchange

[22:36 - 25:00] Closing Segment

• What Multifamily Missteps really is for
• Find Mo at the links below
• Final words

Tweetable Quotes:

“Instead of me doing 30 calls and talking about the exact same thing, we can just put this episode together, share it with the world.” - Jerome Myers

“If you don’t know about those [real estate] challenges, then you can’t put a financial plan together.” - Jerome Myers

You can connect with Mo by emailing [email protected] or call/text him at 262.458.4008.

Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3

Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB

Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC

Support the show

Are you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.