Purchase A Home With Sweat Fairness | Episode 1: The Candidates & $5000 Giveaway Winners

I can not imagine that is truly taking place! We have a lot happening proper now, however we’re actually launching the “Purchase A Home With Sweat Fairness” present. I’ve acquired to run as much as the studio; it is loopy. I can not imagine this. We have had 380 folks apply to be on the present with us. I’ve acquired the entire checklist upstairs. I will soar proper within the studio proper now. Oh, and by the best way, I am about to offer away $5,000. I do know hundreds of you guys have gotten concerned with this with us, and I am actually excited to announce who wins the cash. Let’s go into the studio and get this present began.

My title is Ken Dunn. I am an actual property investor, developer, and a Nationwide Housing advocate. For many years now, hundreds and hundreds of Canadian households have been caught in conditions that they do not need. They wish to personal houses, they need a spot to name their very own and lift their households, and so they’re struggling attempting to place the cash collectively for a down fee. They’re struggling attempting to maintain their credit score in good standing, paying for lease, being moved round, and by no means feeling settled down. Actual Property Traders have been utilizing methods for many years the place they purchase homes with different folks’s cash, they borrow the cash to extend the worth, and so they promote the homes making unbelievable income. I will present these Canadian households methods to use the identical strategies to purchase their dream houses. They are not going to wish down funds, they are not going to wish credit score as a result of they are going to purchase a home with Sweat Fairness.

Alright, so let me discuss what we’ll be doing collectively over the subsequent 18 weeks. We’re actually going to select you and I are going to select the precise couple that we’ll work with. We’ll exit and discover these folks at dwelling. We’ll purchase the house utilizing different folks’s cash. We’ll do all of the renovations on the house, after which we’ll refinance the house and provides it to them. And when you go on this journey with me and also you watch the present each single week, you are going to have the ability to know precisely how to do that your self. Let’s soar on the set and get began.

Alright, welcome to the present, all people! I am excited to be with you. This all began due to an opportunity dialog in our workplace right here at Cottage Dream Holidays. A few of you’ve got heard this story, however I believe it is vital simply to border what we’re doing proper up entrance so that you perceive. Primarily, I have been instructing folks methods to put money into actual property for a very long time, and I run a few packages that I am actually obsessed with. One in all them, I train folks methods to purchase previous dilapidated Cottage ages with different folks’s cash after which methods to renovate the cottage, improve the worth of them. Then when you end the renovations, you refinance it with conventional financing and also you begin renting it on Airbnb to become profitable. It is a short-term rental program, and it is superb. We have had hundreds of those who have completed it. I’ve helped tons of of entrepreneurs to construct packages like this. Sooner or later, we had been within the workplace, and our director of selling, Hassan Rafik, who had simply began with the corporate on the time, is a tremendous human being that actually simply immigrated to Canada a few years in the past. He is like most immigrants; it isn’t straightforward, the transition. He got here from a rustic the place he had a tremendous job in Dubai and was doing extremely effectively however had the Canadian dream and needed to maneuver to this extremely protected nation for his household’s sake. So he will get right here, and the very very first thing he thinks about is dwelling possession. And he goes to the financial institution, and so they will not assist him, and he had the cash to do it too; he simply did not have a credit standing but. And he requested me this query, and the minute he requested me, the sunshine bulb went on, and it is why we’re right here proper now. He mentioned, “Ken, could not I do that identical technique to purchase a home for my household?” And what he did not know is for a number of years, I have been fighting this housing drawback that all of us have, the housing pandemic as some individuals are calling it. What I have been fighting is I do not assume what the governments are doing and what municipalities are doing goes to work. See, there’s two components to the housing drawback, and all the federal government appears to care about is constructing extra residences and constructing extra buildings, and yeah, I get that, however there is a bottleneck that is going to happen, and I am going to clarify what it’s to you proper now. All these provincial authorities and federal authorities politicians are all saying the identical factor: let’s incentivize folks to construct extra buildings, to construct extra, they name them houses, however they are not houses; they’re residences. And all that is going to do is to create this large stock of locations for folks to lease. However how does that basically assist Canadian households? No one’s speaking about how will we assist folks purchase homes as a result of that is a much bigger pandemic drawback, that is a much bigger subject. Perhaps that is the soiled little secret. The best way that the economic system is true now with rates of interest rising and pricing going by means of the roof is common Canadians cannot even afford houses. See, there’s been some actually good packages through the years the place households can, new Canadians particularly, may purchase a home with CMHC help and rise up to 95%. There was even a time the place you might purchase your first home with no down fee in any respect, however all these packages get cancelled by grasping politicians, and look, let me take that again, they are not grasping politicians, that was a silly factor to say, we’ll depart that in so that I am a human being and I make errors generally, however I apologize for that. It is not about grasping politicians; it is simply the economic system and what’s taking place within the economic system. It is created a scenario the place folks cannot afford homes. Immediately, I assumed when Hassan requested me that, I mentioned, what, yeah, anyone may do that. And I considered like over 50 instances in my life, I’ve actually gone out and acquired a home regionally the place I reside, an previous dilapidated home that I usually purchase below market worth, and I borrow all the cash to do it, after which I am going to borrow a bit more cash to do the renovations, and I am going to improve the worth by a number of hundred $100,000, after which I am going to promote the property, and I usually make a 100 to $200,000 in revenue. It is referred to as a flip. However as a substitute of doing it as a flip, I spotted that if I may educate Canadian households, Canadians, folks, folks basically everywhere in the world, this works in Canada, America, this may work in any nation the place you’ve got a contemporary monetary system, and I will clarify precisely what it’s to you proper now simply so that you perceive what we’ll be going over within the…

Ultimate Ideas:
The “Purchase A Home With Sweat Fairness” present is an unbelievable alternative for Canadian households to discover ways to purchase their dream houses without having a down fee or credit score. Ken Dunn’s experience and fervour for serving to households obtain homeownership is clear all through the present. I am excited to see the journey unfold and discover ways to use the identical strategies to purchase my very own dream dwelling.