Real Estate Investing Strategies: 2008

Wednesday, December 17, 2008

Buy Real Estate Short Sale with Private Money

Do you realize that with this money available to you; you will have a proof of funds to structure the deal allowing the bank to accept the offer? If you already have an approved buyer for one of their mortgages, you will make nothing but profit with very few headaches!!!!


("A","B",& "C" PAPER & CREDIT)

Sell Properties FAST!!!


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Thursday, December 11, 2008

How to Get Private Money To Purchase Short Sales and Foreclosures

There's a great program that I found that allows you to purchase short sale and foreclosures without using any of your credit and cash. This gives you great leverage to be able to get a short sale or foreclosure properties for deep discounts and creating equity out of thin air. I have spoken to a few fellow investors that have been using this strategy and have been collecting huge checks.

This program will provide free training on how to find and contract with a pre-qualified buyer as well as providing you the Proof of Funds and the Cash to buy the short sale from the Bank.

Cost of Funds is 1% plus $300 flat fee all paid from your profits at closing. Buy a home worth $200,000 in a short sale for $100,000 and resale for $150,000. You keep $50,000 minus 1% (1,000+$300 flat fee). You pay for the use of the money from your profits at closing, meaning no cash out of your pocket to use the funds. Fill out my form below the about me section and I'll get you the information on this program.

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Sunday, October 12, 2008

How to Find the Best MarketTo Wholesale Houses

Here's a video that I have on youtube that shows you how to find the best market to wholesale houses. I have a couple more good sources that I will post to my blog once I have those video up.

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Saturday, October 11, 2008

How to Wholesale Homes for Quick Cash

Wholesaling real estate properties is one of the most risk free real estate investing strategies. Wholesaling is simply finding a motivated seller of a property, negotiating the price of that property then placing the property under contract. You will then find a rehabber/investor and sell the contract on the property for quick cash. Here’s an example.

• Seller accepts $100K for property
• The property is worth $200K
• You sell the property for $110K
• You will make a profit of $10K

The key to wholesaling properties is marketing. You want your phone to be ringing with motivated sellers wanting you to purchase their home. The bottom line is the more motivated sellers you speak to, the more deals you make. So let me give you some basics on what you’ll need to get started.

• Toll free number
• Bandit signs
• Access to comps
• Assignment Contract
• Business cards/flyers
• Title company that does double closing

First, you can search google to locate a company offering toll free numbers for a reasonable price and you want to record a greeting detailing how you can help someone sell their properties. Second, place at least 25 bandit signs in specific areas in town where the homes are older. Older properties have more equity. Be sure to put your toll free number (not your local number) on your signs. Place the signs in high traffic areas. Be sure to put the bandit signs after 5PM on Fridays; this ensures them not being removed before Monday by the city’s code enforcement.

Third, work with a realtor on obtaining comps to wholesale homes. You also want to distribute your business cards and flyers. A great place to network is your local REI Club where you will be introduced to other investors, realtors and title companies in your community. Implementing this step will allow you to find buyers to purchase your properties. I can assure you that if you execute these simple steps you’ll discover how easy it is to wholesale homes for quick cash.

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Thursday, September 4, 2008

Investors Take In New Strategy During Slow Year

New "Flip Factor" book reveals strategies used by NFL coach to earn $45,000 in 45 days

Tampa, FL -- A new book by renowned investment innovator Preston Ely is teaching investors how to profit in an otherwise slow year. "Flip Your Way To Financial Freedom" shows both veteran and aspiring investors how to earn big returns when most other investment strategies are stagnant.

"There's no question about it, 2007 has been a terrible year for most investors. My methods have repeatedly proven themselves to be winners even in this lackluster environment. The demand for this information has been staggering," Ely said.

Until recently, Ely's students paid $5,000 to learn his investing secrets. Now, with the publication of Ely's new book, his most important strategies are now available to the public for the first time.

Ely starts by telling readers what kind of investors are making impressing money this year. He then proceeds to illustrate in detail how to put the popular "Rich Dad Poor Dad" philosophy into action. "Kiyosaki vaguely tells you what to do in the book. I give investors the step-by-step instructions they need to make these powerful ideas earn for them," Ely said.

Among Ely's most notable accomplishments is his ability to help average people earn well above average money in a very short period of time. "I taught my strategies to an NFL coach who then turned around and earned $45,000 in just 45 days," Ely said.

"Flip Your Way To Financial Freedom" focuses on giving readers the motivation they need to see their dreams to fruition. "On average only about 2 in 10 of my students earn the kind of money they're capable off. That's because most people give up when they realize the hurdles that stand in their way. My book gives everyone the same motivation the lucky, wealthy 20 percent possess," Ely said.

The book carefully explains the secrets to wholesaling real estate. Readers don't need money, credit, or experience to make the plan work. "And you don't have to risk your own money to invest. That's a critical point. In the past only the wealthy could generate big money, but now anyone can get into the game without sacrificing their savings or home," Ely said.

"Flip Your Way To Financial Freedom" along with a free mini- course and complimentary newsletter are all available at

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Saturday, June 28, 2008

How to Wholesale Properties

Wholesaling can be a great way to get some extra cash and get into investing in real estate. Wholesaling real estate investing can be a difficult thing. In fact, dealing with wholesale properties can be something that you need to learn about first. A wholesale property is one that is sold wholesale. Wholesaling can be done even if you are not sure how much you are going to have to pay to repair the property, or how much you will get from the home or for rent. As long as it is a good deal, you can wholesale as many properties as you want, without worrying about it. Wholesale real estate is a great deal because you can buy properties cheaply, and also sell them for more money. However, in order to be involved in wholesaling real estate, you need to know a few things, and have a little bit of help.

The best way to get started is to team up with someone who already has closing deals, and who has a list of buyers.They can help you find wholesale houses. If you are looking for wholesale homes, someone who knows what they are doing can make the best influence for you. This can be the best way for you to make sure that you are getting the best deal. You will want to be sure that you can get a great education when it comes to properties, because this will let you have the best control over what you will be doing with them in the future. The person that you team up with can help you in many ways. They can make sure that you know what the sales terms are, and how to negotiate for good ones.

Wholesale real estate investing is something that requires skill. You must look at the purchase price in order to be sure that the wholesale real estate meets your criteria. In all, wholesaling properties can be quite trying, but if you find the right wholesale property to match what you are looking for, you'll be able to buy it cheaply and sell it for more money. Wholesaling real estate is about being in the right place at the right time, and taking advantage of the deals that you do find. Wholesale houses often come to you very quickly, so be ready to buy wholesale homes with no delay. Remember, if you are going to be in the business of selling and buying homes, make sure that it is your priority. Get yourself some business cards, flyers, and everything else that business owners need, so that everyone knows you are serious about it.

Be sure that you are making offers that aren't too high. Don't put down the seller or the property, however. Figure out some tactful ways to make your offer without offending them. Remember, you can always go up on your offer, but you can't come down again.

It is important to also know a little bit about finding buyers. You want to start building your own buyers list as soon as you can. This should be a list of people who are good buyers. You can either use this list on your own, or continue to work well teamed up with your partner. You have to use your own judgment as to when it is a good time to leave your partner.

The best way to be serious about wholesaling is to form a corporation to use for it. This will help so that the IRS doesn't se you as a dealer with your name. Having a corporation will make sure that you have the benefits that you need when you start to hold properties and your own.

Julian Lee is a active Real Estate Investor and Internet Marketer in South Florida. To learn more about real estate wholesale investing visit

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Thursday, June 26, 2008

How to Rent a House to Own

Rent a house to own can be a great way for your family to get into your dream home without crashing your families finances. This is not a new concept although we may see more of these contracts taking place with the ongoing housing market problems.

Who is a rent a house to own for? Well it can be a great plan for anyone but more specifically it is a great opportunity for those with blemished credit or who are low on cash for a down payment. This can also be an opportunity for those who are in the military or someone living in an area for a short time but wants to make an investment with their rent. This can be the perfect situation for the handyman that can trade his skills for a down payment on a home.

You can find the homes that are available as a rent a house to own through the seller. These are not typically found listed with real estate agents although there are agents that do specialize in a rent to own home. One website that you can either list your home you currently own on as a rent a house to own or you can pick from the homes they have a available as a rent a house to own option.

It is important if you are looking to rent a house to own that you are aware of the pitfalls that might occur. This can be a great option to get you in a home faster but there can be a downfall. In a rent a house to own you are entering into a contract. It is important to carefully read the contract. There have been cases where the sellers are evicting rather than selling and making even more profits from the home.

In a rent a house to own contract you will be paying a little higher rent or a little more than a mortgage would be. This is because you will be paying the normal renting fee plus an option to buy fee. Typically this fee and possibly even a portion of the rent will go towards the price of the home. The seller will give you a time frame as to when you must be able to secure a loan to buy the property. This time frame is usually a 3-5 years. This will give you ample time to repair your credit and even save a larger down payment. If you are unable to secure the loan at the end of that time period than all fees collected during the time period stay with the seller and are a loss for the buyer. So basically you are betting that you will be ready to buy a home in 3-5 years when you enter into a rent a house to own contract.

To find a rent a house to own in your area you will have to do a little leg work. These homes are often advertised in the local papers or even in want ad or websites like Craigslist. There are also websites like the one I mentioned earlier that will list rent a house to own for the seller much like a real estate agent. When choosing to rent a house to own be carefully to read the contracts thoroughly and even consult a lawyer or agent to help you negotiate the contract and ensure you are entering into a contract that you can make a winning bet on.

Julian Lee is an experienced Real Estate Investor and Internet Marketer from South Florida. To learn how to rent to own for a profit go to

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Sunday, June 1, 2008

How to Negotiate Foreclosures and Short Sales

Bank Loss Mitigators: How to Negotiate Foreclosures and Short Sales by Simon Volkov

Bank loss mitigators work with homeowners who are trying to save their home from foreclosure. In essence, the loss mitigator is the middleman between the bank and homeowner. Their job is to devise a plan to keep homes out of foreclosure that is agreed upon between the homeowner and lending bank. The bank loss mitigator cannot approve or deny a plan. Instead, they use gathered information to suggest a plan to the bank that would be in the best interest of both parties.

Bank loss mitigators use information supplied to them by both the homeowner and bank to determine the right course of action. The information collected can include mortgage payment amount, delinquent payment amount, proof of income, list of the homeowners expenses and debts, foreclosure hardship letter, and tax returns.

A foreclosure hardship letter is written by the homeowner to explain the circumstances which caused them to become delinquent on mortgage payments. The hardship letter should also include if these circumstances are ongoing or if they were temporary. The bank loss mitigator uses the letter as a reference to devise a plan for the homeowner. The information in the hardship letter should be factual and detailed.

When homeowners are able to become current on their past due mortgage in a reasonable period of time, bank loss mitigators can devise a loan modification. This type of plan allows borrower's to make payments on the past due amount in addition to their regular monthly payments.

For example, a homeowner is three months behind with a monthly payment of $700. The bank loss mitigator establishes a plan that over the next 10 months, the homeowner would pay their regular monthly payment and an additional $210 to payoff the past due amount. As long as the borrower makes timely payments, a loan modification can stop foreclosure proceedings.

Bank loss mitigators can assist in negotiating a short sale of the real estate if homeowners are financially unable to continue payments on the home. A short sale is when the lending bank agrees to accept an offer lower than the amount owed. For example, if a mortgage balance is $200,000 the bank might agree to accept $190,000 for the home. A short sale approval can help the homeowner salvage their credit and the lending bank cut their loss.

It is important to remember bank loss mitigators do not make final decisions. They review provided information and devise a plan that will be beneficial to both the homeowner and lending bank. A short sale or repayment plan must receive final approval from the bank.

Private real estate investors can help individuals facing foreclosure. Borrower's can sell their home to investors once they obtain short sale approval from their lender. Short sales can be less detrimental to the homeowner's credit score and minimize losses for the bank.

About the Author

Simon Volkov, private investor, helps individuals with short sales, foreclosures and working with bank loss mitigators. Learn more about services offered by visiting

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Saturday, May 31, 2008

How to purchase a Short Sale Home

You maybe asking what is a short sale home? You are also probably asking what should I know about how to purchase a short sale home. Well a short sale home is a home that the seller is having to sell because of a looming foreclosure. They have a higher loan on the home than it is worth, so they are what is called upside down in their loan. The sellers can negotiate with their banks and lenders to allow them to sell the house for what it is worth rather than what they owe on the home. The deal is called a short sale because the seller is selling the house for less than he owes. The owner may be liable for the difference or the bank may absorb the difference in hopes of preventing the home from going to foreclosure.

In the buyers market that we are in right now a short sale home can be a great purchase for a potential home owner or even an investor. You may be wondering how to purchase a short sale home? Well you will have to be a savvy consumer and do a little home work. To answer the question of how to purchase a short sale home you will first have to find one. This is not allows stated on the sales flier at least not in plain terms. If a home is listed and the listing says offers must meet approval of the owner's bank you can pretty much bet this is a short sale home. Another indicator of a short sale home is a home that has been on the market for a long time and the price has steadily come down from the original asking price. This one can be tricky though. The market value of homes have been falling so a home that is fairly new and the price is falling on it may be a good indicator of a short sale home, but an older home that the price is falling on may not necessarily be a short sale but rather the owners already own or owe little on the home and are able to sell for less themselves.

Once you have found a short sale home it is time to do your home work. You will want to have a good idea of the fair market value of the home. This should be around the acceptable price the bank is willing to take as an offer. You will not want to under bid the home by more than $20,000 or so. That type of bid is more likely to be rejected. It is the banks responsibility to get a fair market value for the home or they will be responsible solely for the amount the home was undersold for. When looking at how to purchase a short sale home do not expect to pay $150,000 for a home that is worth $300,000 in fair market value, your offer will mostly like just be ignored.

You will want to return with a counter offer if your first offer is rejected, but increase the amount by more than just a few pennies. If you came close the first time the bank most likely would have accepted your offer. Purchasing a short sale home can be a wise investment or a really good way to get a great house at a great price. You will be finding a lot of homes making short sales to avoid foreclosure in this falling economy. If you are one of the special few buying homes then consider a short sale home to sweeten your investments.

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How To Purchase Short Sale Home

Welcome to my new how to purchase short sale home blog.

I'll will be posting articles and tips on how to purchase short sale home and other real estate strategies very soon so check back very soon.



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