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hello everyone and welcome to creative financing 101 this is a class that I have taught on and off over the years but this is entirely new content because quite frankly the last time I was teaching this class was when the market was in a totally different place and it started a few times for a few different reasons over the years but this is a completely new set of slides and Im excited about them because the questions that I get in different scenarios different areas but theres some pluses and minuses to creative financing so were going to dive right in and we have a very transparent conversation about why its nice to have this in your toolbox but Im going to ask you to put it in the back of your toolbox so lets dive right in creative financing 101 but mortgage is not an option lets start off by getting a history of creative financing before we go anywhere else I was like to say heres why were here why we were even talking about this so this first became common during the wil