When charting your way through the choppy waters of real estate investing, it need not be a guessing game. Rather than endless trial and error on your part, you can lean into the experiences of others who have gone before. This is why I enjoy mentoring, and why I enjoy putting together real estate investing … Continue reading Understanding The 3 Types Of Sellers
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).
When the banks say “No”, the hard money lenders can still say “Yes”. When loans need to happen quickly, or when traditional lenders will not approve a loan, hard money may be the only option.
Pre foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank. The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doesn’t attempt to rectify the situation. Normally, … Continue reading Purchasing Pre-Foreclosure Property
The country known as France offers investors a great opportunity to benefit from the ever increasing property values. France is very fortunate to have a stable housing market, which will continue to stay that way for years and years to come. The low property prices are always an attraction to the area, with strong growth … Continue reading Buying French Homes As An Investor
The obvious benefit and sought after benefit of flipping real estate is the profit. This is one incredibly tangible benefit, particularly when the profits are large and quick to come your way. Of course there are risks. Most ventures that offer high profit also come with a high degree of risk. Money, however, is not … Continue reading Benefits of Flipping Real Estate
There are many questions that should be asked before embarking upon a career of real estate investment. The first and foremost question however should be whether or not you are truly committed to making real estate work for you. This is not a business for the faint of heart. In order to truly turn a … Continue reading Are You Committed to Your Real Estate Investment?
Typically, a real estate investor first enters into a contract to purchase a property with the original seller/owner and then subsequently before closing the investor enters into a second contract to sell the property to an end buyer at a higher price for a profit). The investor then set the closing for the same date, same title company and same location so that both transactions can close simultaneously.
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.