
Episode 516: $47K Creative Finance Deal Breakdown by Two Investors with Steve Kinsley & Chuck Bingham
Welcome to another FamilyCast episode! Today, we’re sitting down with Steve Kinsley and Chuck Bingham, two associates in the Smart Real Estate Coach community who’ve teamed up to build their real estate business using creative financing strategies. Steve and Chuck share their journeys from ministry and design careers into the real estate investing world, and how they’re leveraging subject-to deals and lease purchases to generate cash flow while helping people in tough situations. They also break down the details of their first deal together, how they structure their partnership roles, and why community support and accountability have been critical to their early success. If you’re curious about how to start in creative financing or why support, structure, and service matter—this episode delivers a roadmap and a ton of real talk. Key Talking Points of the Episode 00:00 Introduction 01:23 Meet Steve and Chuck: life before real estate and the reasons that drove them in 04:18 First deal in New Orleans: 11 people on the deed 06:59 Joining the Wicked Smart community and attending the In the Trenches Bootcamp 08:43 How seeing real deals helps with confidence and going all in 10:05 Why resilience and support are key in this business 11:33 Support from coaches in the Wicked Smart Community 15:56 Smart Real Estate Coach Apprentice Program, In the Trenches Bootcamp 16:50 Deal Breakdown: Expired listing → subject-to → $47K in 3 paydays 20:36 The buyer vetting process and working with mortgage professionals 24:12 The power of being around like-minded investors Quotables “We knew we needed income outside a W-2. When I found the Wicked Smart community, it just clicked.” “You’ve got to have resilience to be in this business. But once you get the momentum, the potential is massive.” “It’s not theory here. It’s practice. And the support between coaches and community is second to none.” Links QLS Live https://qlslive.com Real Estate On Your Terms and Deal Structure Overtime https://wickedsmartbooks.com/podcast FREE Master’s Class http://smartrealestatecoach.com/masterspodcast FREE Strategy Session with Chris Pre http://smartrealestatecoach.com/actionpodcast QLS 4.0 https://smartrealestatecoach.com/qlspodcast Investor Resources https://smartrealestatecoach.com/resources Apprentice Program https://smartrealestatecoach.com/apprentice-pod In the Trenches Bootcamp https://smartrealestatecoach.com/ittb-pod 3 Paydays Virtual Event https://smartrealestatecoach.com/3paydayspodcast REI Blackbook https://smartrealestatecoach.com/REIBB-pod 7 Figures Funding https://smartrealestatecoach.com/7figures-pod Land Voice https://smartrealestatecoach.com/landvoice-pod
From "The Smart Real Estate Coach Podcast|Real Estate Investing"
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