The Experts In Real Estate And Mortgages

Every one knows that real Estate is the best investment you can make and that more millionaires are made through real estate investing than anything else.

The problem for the average joe is that they believe that they need t have tens of thousands of dollars, too competitive a market, and they lac the knowledge to become successful.

This is a powerful money-making method that really, really works. . Anyone can do it.

You do not need to have an MBA from Harvard or family money to get you started. You just need to be determined and know how to do it

All you need to do is find properties, and Flip them over to investors. You get either a finders fee or an assignment fee depending on if you have put the property under contract or not

If you decide to just be a finder most referall fees are anywhere from $100.00 to $1,000.

If you put them under contract and include an assignment clause in the contract you can now flip the contract to an investor or a buyer for a fee of 3–$5,000 and even higher depending on how great the price or terms are.

Lots of property owners are in trouble right now. They are loaded in debt and need help selling or getting rid properties so they can save money and at the same time keep their credit clean.

Have you noticed how many foreclosures and short sales there are?

This is the best time in history to become a real estate investor because

A. lots of bargain properties to choose from

B. Interest rates are fantastic

C. Lots of first time buyers looking for bargains

D. People with bad credit looking for a lease option or someone that will help them using owner finance

You can find these properties all over the country, especially if you live in a very expensive city or state, look elsewhere.

What you will need is to know how to find foreclosures in every state for FREE, negotiate with the owners, write up the contract and then find a buyer.

Now after you have made some money flipping these properties to others you will eventually build up enough cash to buy them yourself. This is where the big money is made.

You are now able to resell the properties at retail price and make the difference. I have made as much as $97,000 on one short sale that I resold immediately to someone i knew was looking for a house like this.

I always have ads running for people looking to buy discounted homes as well as people looking to buy with bad credit.

What I do with them is called a lease purchase.

They give me a deposit and I keep the mortgage in my name until they can qualify for a mortgage in 2–5 years. The equity increase in the property is theirs, the deposit goes towards the eventual down payment, sometimes I credit part of the rent to the down payment and maybe even hold a small 2^nd mortgage to help them qualify for a loan.

These folks take care of the house because it is going to be theirs. If they do not get a mortgage within the 2–5 years I can keep the deposit or ask for an additional one and give them another year or 2.

Now you can see that being an investor doesn’t,t have to be as difficult as you think. You just need the knowledge, learn how to negotiate to get the terms you want, create contract that protect you, and find the best ways to flip the property quickly.

One of the best sources I have found is this inexpensive training course from one of the top Real Estate Investing Mentors in the country. You won’t believe how inexpensive this complete training manual is (dinner for 2 at an average restaurant)

Take a look at it here and see if it is for you. You can also find info at libraries and online but this is a proven system by a very well known and respected investor.

Posted under Credit & Foreclosure & Mortgages & Real Estate & florida |