Property Prophets

He Makes $300/Month Per Deal; Here's How He's Actually Getting Rich | Mike Scarpa

Travis Wells Season 1 Episode 210

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 27:36

Send us Fan Mail

Most people hear "a few hundred bucks a month" and pass on creative finance deals. Mike Scarpa built his entire business around them. In this episode, Mike breaks down his Sub2 + Rent-to-Own strategy — how he buys houses subject-to existing mortgages, sells them on lease options, keeps the down payment upfront, and still collects monthly cash flow. He also walks through a real deal live on the show. Whether you're brand new to creative finance or already doing deals, this one will change how you look at cash flow. What you'll learn: - Why Mike leads with creative finance instead of cash offers - How the Sub2 to lease option strategy actually works - The real profit center (hint: it's the down payment, not the monthly spread) - Why he only buys in appreciating markets - How his VA team runs the entire acquisition process via text - How to JV with Mike if you find a creative deal you can't structure Connect with Mike Scarpa: Facebook: Mike Scarpa Instagram: @romanwithmike 🎙️ Property Prophets drops new episodes every week. Subscribe on Apple Podcasts, Spotify, or wherever you listen.

 Episode 210 | Connect with Mike Scarpa on Facebook or Instagram @romanwithmike 

Support the show

🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us!

Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587

Instagram :  / travisclaywells  ​

TikTok: / travisclaywells  ​

Linkedin: / traviscwells