Grow Your Impact, Income & Influence podcast

They Laughed When He Said He’d Buy 100 Properties with No Money—Then David Webb Did It

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Ever wonder how real estate investors make money while they sleep—even when interest rates feel scary? This episode breaks down practical, low-risk moves you can copy today.

 

🔑 Buying Right, Not Fancy

  • David’s rule: you make money when you buy. He targets value-add multifamily and singles, negotiates hard, and avoids retail pricing.
  • He’s sourced deals from Zillow, Facebook groups, Craigslist, and expired listings—Zillow alone reached 243M average monthly users in Q2 2025, so hidden gems exist in plain sight.

🛠️ Finance Like a Pro (Even with $0)

  • Mix of hard money, private lenders, and banks.
  • Typical private/hard money ranges around 10–12% for speed-to-close—why pros still use it.
  • David often pays about $1,000 per $100k per month and closes in 4 days—then flips or refinances.

🧮 Metrics That Matter

  • Optimize cash-on-cash return; small flips work if out-of-pocket is near zero.
  • BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) helps recycle capital; aim to keep total cost ≤70–75% of ARV.

🚀 Market Reality Check

  • Investors bought roughly 1 in 6 U.S. homes in Q2 2024; low-priced homes saw about 1 in 4 go to investors.

Grab David’s free book for step-by-step scripts, funding options, and BRRRR worksheets. Visit his site below: http://www.nomoneymillionaire.com/ 

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