He Lost Everything in 2008 and Built It All Back | Chris Prefontaine

Most real estate investors think you need a bank, perfect credit, or a pile of cash to do deals. Chris Prefontaine has been proving that wrong for decades and he survived the 2008 crash to build one of the fastest growing real estate companies in America three years running on the Inc. 5000 list. In this episode of The M.O.R.E. Show, Justin Colby sits down with Chris Prefontaine, founder of Smart Real Estate Coach and author of the 3 Paydays book series, to break down exactly how creative financing and terms deals work in today's market, why subject-to and owner financing are some of the most powerful tools available to any investor right now, and why the most dangerous thing you can do is chase shiny objects instead of going deep on one strategy. KEY TOPICS COVERED: Creative financing explained, how to buy real estate without banks, cash, or credit Subject-to and owner financing deals, how they work and why sellers say yes The 3 Paydays model, how to get paid three times on every single deal Why Chris survived the 2008 crash when most investors did not and what he learned Shiny object syndrome: why chasing two rabbits means catching zero Why you should follow someone who has been through real market cycles, not just a bull run ️Key Moments 00:00 — Foreclosure, the repo man, and starting over 00:52 — Introducing Chris Prefontaine 01:10 — Three years on the Inc. 5000 list 01:43 — 82 active markets — real deals, not theory 02:15 — The guru epidemic 03:45 — How the coaching community works 04:03 — Subject-to, owner financing & lease options explained 07:00 — The 3 Paydays model 12:00 — How to get sellers to say yes to creative terms 18:00 — Creative financing in today's market 22:00 — Shiny object syndrome & Chris's six laws 23:43 — Chase two rabbits, catch zero 24:22 — Follow someone who has the life you want 25:00 — What success actually looks like after the scars 26:06 — Free workshop & how to get the 3 Paydays book 27:25 — Where to find Chris Prefontaine Connect with Chris Prefontaine: Website: smartrealestatecoach.com Book: 3 Paydays visit 3paydaysbooks.com/more for a free copy Free Workshop: smartrealestatecoach.com/masterclass About The M.O.R.E. Show: The M.O.R.E. Show is hosted by Justin Colby and is dedicated to helping real estate professionals, investors, and entrepreneurs maximize opportunity in any market. New episodes every week. Learn more: www.timeformore.com Invest with Elevest Capital: www.elevestcapital.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.