No matter what you need to learn, we can help you buy like a pro.
It's funny, alot of new investors think they need to have CASH, CREDIT, a JOB with great INCOME, etc. to buy property.
The truth is you DO NOT.
A few ways to do it are:
This is where you buy property subject to existing financing. These properties tend to be new and in subdivisions.
- Buying All Cash at a discount
We use private money to buy property wholesale. We pay private lenders 10% to 15% for the use of their money.
Many people will carry their equity for a good price if the market is slow. We try to get them 7% to 8%, but no payments monthly, just a balloon payment at the end.
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Buying while the Seller gets a new loan
Many people can get a new loan to refinance and then we pay the bank. The PITI payments must be lower than rental income payments.
These 3 Buying techniques are are main tools to buy. But wait!
You can CONTROL and not OWN or TAKE LEGAL TITLE!
And get income from property.
See Controlling Properties with Options HERE