Welcome to a new episode of Get Creative! Today, host Justin Tuminowski is thrilled to have Lily Duong, a top-tier Transaction Coordinator (TC) and a master of creative finance strategies. In this episode, we'll dive into how Lily navigates complex real estate deals, her insights on working within challenging markets like New England, and her tips for making the most out of creative finance. So, if you're ready to learn how to move from the sidelines to securing your first deal, this is the episode for you!

Highlights:

"I handle money and numbers like it's my job, because it is."

"Determination and perseverance are key, especially in tough markets."

"Even after the contract is signed, the real work begins."

"It's not just about knowing the deals; it's about making the right connections."

Timestamps:

00:00 - Introduction to Creative Finance

03:16 - Lily Duong's Background and Introduction

05:06 - Breaking Down a Massachusetts Deal

06:21 - Challenges of Creative Transactions

09:52 - Finding the Right Wrap Buyer

11:18 - Handling Unexpected Issues in Deals