Buying real estate with no cash and no credit can be done many ways. If you are an investor looking to purchase, buy and hold, rehab, and sell a property while having minimum assets or wanting to save your money and/ or leverage your assets, then buying with other people’s money then this 2-day workshop … Continue reading Millionaire Mastermind – Finding, Flipping, Funding and Wholesaling w/ Other Peoples Money
Approval: the most important factor for hard money lenders is collateral. If you’re buying an investment property, the lender will lend as much as the property is worth. If you need to borrow against a different property you own, that property’s value is what the lender cares about. If you’ve got a foreclosure or other negative items in your credit report, it’s much less important – some lenders might not even look at your credit (although many lenders will ask about your personal finances).
The very best and most enjoyable reason to purchase real estate by far is in buying a property in which your family will live and grow together. There is a lot of fun involved in finding the perfect place for you and your family to call home. There is also a great deal of stress … Continue reading 6 Steps To Buying Real Estate for Your Family
When looking for a home for you and your family you will come across all kinds of deals, bargains, and so-called values along the way. If price is a very tangible object for you and your real estate investment then you might seriously want to consider the value of foreclosures. If you are hoping to … Continue reading How To Buy A Real Estate Foreclosure?
One of the greatest advantages of investing in real estate is your ability to use leverage. In finance, leverage is a general term for any technique to multiply gains and losses. In real estate, leverage allows you to achieve a much higher return on investment than you could without it. Real estate investing allows you to use leverage when you buy. It allows you to use it when you operate. And it allows you to use it across multiple tenants. Using leverage in your real estate investments can have a big effect on your financial statement.
Foreclosures – Get a Win-Win Deal Always Every one of us deserves a better way of life. Wondering what is the best way to go about making a legal fortune? Here is a solution for you. Visit home foreclosure auctions and fight for a win with a maximum value in mind. Foreclosures are the legal way in which a bank or creditor that is owed money can sell or repossess a house or any piece of property due to you non payment on a promissory note.
Rehabbing is a term commonly used in real estate, which means to renovate or fix-up a piece of real estate. Generally every home or building that is purchased will need some kind of rehabbing, whether small or large. The costs of rehab are an important factor in the profitability of a home, because you’ll ultimately want to make more in selling the property than you spent on your purchase and renovations. Otherwise, you’re going to be in the negative. REI Investment Society will give teach you and give you some tips as to what rehabbing actually entails.
When choosing a contractor to head up your remodel, these simple steps can mean the difference between complete confidence and sleepless nights. Ask for Referrals Word of mouth-hands down, is usually the best way to find qualified professional to tackle the job. Ask relatives, friends neighbors and other investors whom they've had good experiences with. And ask what made it a positive experience, how the contractor handled problems and whether he or she would use the same contractor again.