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Pre ForeclArticlesDisplaying Results 1 - 15 for pre forecl![]() Seven Ways to Flip a Property ... without doing any work. You won’t make nearly as much as the rehabber, but you will realize your profit quickly.
Flip Strategy #5: Pre-Construction
In very hot real estate markets, prices are appreciating as much as 2% per month. ... Read ![]() Brokers Make More Commissions by Learning the Wrap! ... cash flow that is possible (do not forget to disclose the risks!). Introduce them to mortgage brokers and bankers who can pre-qualify them for financing.
4. Find the Owner Finance Buyers. Advertise in the paper "No Credit Required," " ... Read ![]() Using a Home Equity Line of Credit to Buy PropertiesA home equity line of credit (“HELOC”) can be an excellent financing tool, if it is used properly. A HELOC is basically a credit card secured by a mortgage or deed of trust on your property. You only pay interest on the amounts you borrow ... Read ![]() Equity Sharing ArrangementsIf you are low on cash or have cash and are low on time, a partnership or equity–sharing arrangement may be for you. Using partners to finance real estate transaction is the classic form of using “OPM” (other people’s money). Experienced ... Read ![]() Real Estate Investing is Just Like Weight LossIt amazes me how many people get started in real estate investing, only to fail when the going gets tough. As soon as someone discovers they can’t get rich in a week or two, they are on to the next “hidden guru” secret. It’s the same as ... Read ![]() Personal Property TrustsIf you have been reading my articles, you are probably familiar with the concept of creating and using land trusts for privacy and protection of your real estate. However, what about your ownership of notes, mortgages, deeds of trust, ... Read ![]() Are Real Estate Seminars Worth the MoneyIf you read the news media, you’ll see that there’s a proliferation of new real estate gurus and seminars coming around to feed the endless demand for real estate these days. One event recently attracted over 30,000 people, with Donald ... Read ![]() Big Brother is Watching You! New Bad Legislation Coming your WayWell, it seems that with everything you do right, there’s always someone else doing it wrong, do it badly, or doing it illegally. Enter Big Brother... the “well–intentioned” legislator who wants to get re–elected by passing a law that ... Read ![]() A Review of the Carleton Sheets No Down Payment CourseYou can buy real estate with no down payment!” You’ve seen the infomercial a hundred times on television over the years. Me too, so I decided to pick up a copy of the Carleton Sheets “No Down Payment” program just to see what my ... Read ![]() Sixty Days to your First Bargain PurchaseFinding good real estate deals is an art that takes time to master. Like any business, customers are what drive it. Your primary customer is the seller who is motivated to sell below market value. Finding motivated sellers requires ... Read ![]() What to Do if a Tenant Abandons the PropertyHave you ever had a tenant leave in the middle of the night or the middle of an eviction? Did you ever wonder what to do?
Basically when a tenant abandons the property, you do not need to file an eviction or wait for the sheriff. You ... Read ![]() Should you Use an Attorney’s Fee ClauseMost “standard” real estate contracts and leases contain provisions that state something to the effect, “If there is any dispute as to the agreement, the winning party is entitled to attorney’s fees.” Is this a good idea?
Well, yes ... Read ![]() Lease Options & the Equitable InterestI get a lot of emails and calls from people concerned about selling a property by lease with option because of the fear of the “equitable interest”. What does this mean and how big of a danger is it?
Before we discuss the equitable ... Read ![]() Owner Financing 101There are many benefits for doing an owner-carry installment sale as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases the transaction is “ ... Read ![]() Getting Started in Real Estate With Little or No MoneyYou've seen the late-night infomercials with self-anointed gurus promising you millions in real estate profits with no money down. The truth is that many of these charlatans never made a dime in real estate, but instead built their ... Read
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