‘mortgages’ Archives
Smaller Down Payments Mean Higher Returns
Get As Much Financing As You Can When financing your Real Estate Investments, you will want to get as much financing as you can. I buy all my properties with 100% financing by using a combination of regular mortgages and secondary financing. Of course you always want to make sure that your investment has a positive cash flow which is more [...]
I have $150K just sitting there doing nothing. Take it.
I’m Losing Too Much in the Stock MarketI was speaking with one of my investors the other day and he told me “I have $150K that I pulled out of the stock market and it’s just sitting there doing nothing. Take it and invest it in Real Estate. Just do whatever you want with it. I trust you.”This is a great place to be and this will happen to [...]
You Don’t Really Need a Good Credit Score
But with better credit there are more opportunitiesI tell people that you don’t need good credit to invest in Real Estate. I explain that you can do all kinds of things without any money and without a good credit rating. For example, you can do referrals, assignments, sandwich lease options, and maybe a couple of more strategies. Where you start [...]
Central Banks Signal Low Rates Here To Stay
Paul Vieira, Financial Post, with files from Reuters Published: Monday, August 24, 2009OTTAWA -- Despite growing confidence that economic growth is in the offing, monetary policy around the world is likely to remain "ultra-accommodative," perhaps until 2011, as doubt remains as to whether or not the growth expected this quarter is sustainable, [...]
You Can’t Make Money in Real Estate Investing Where I Live
There are good deals everywhere. You just have to look. I hear this all the time. “I can’t make money in Real Estate Investing where I live. All the good deals are gone. Real Estate Investing doesn’t work. There are too many people already doing it.” Depending on where you live will determine your investment strategy. For example, [...]
Can I be a Real Estate Investor with bad credit and no money?
Absolutely. I do it all the time.It still amazes me how many times this question gets asked. I have purchased all my properties with nothing down and I continue to do so. I used to have bad credit and I still don’t have great credit. The problem with my credit now is that I have so many mortgages. If you have no money, you can acquire properties [...]
How much time does Real Estate Investing take?
How much time you put into your Real Estate Investing business depends on what your goals are and what you are trying to achieve. It also depends on how much risk you are willing to take. Here is a list of the different Investment Strategies and their related risk, effort and return. 1. Mortgage Holder – Very Low Risk, Very Low Effort, [...]
Finding New Buyers
Another type of motivated buyer that never occurred to me was someone who was new to the country. When people are new to the country they have a difficult time being able to get a mortgage. Even if they are able to get a mortgage the may still need a sizable down payment. When we checked into it we found that some banks will provide mortgages but [...]
How To Raise Money With A Mortgage
Mortgages are quite simply a security applied to a loan based on the value of a property. The mortgage is registered on title of the property to protect the lender against such things as non-payment.Most people are familiar with the traditional mortgages that are issued by a bank. They are usually first mortgages. Mortgages are classified as first [...]
Equity Loan Financing
Another good way to get nothing down financing is through an equity loan.An equity loan is when you borrow against the equity in your home or another property. Let's look at an example:Let's say you own your own home and it's worth $200,000. You bought it several years ago and the mortgage balance is only $100,000. This means that you have [...]
