Articles About Real Estate Broker

Investment Real Estate Done Right -- Your Quickest and Safest Path to Wealth

In investment real estate the quickest way to wealth is through owner financing, or lease optioning. So, let's take a look at one model transaction, involving the purchase and sale of two properties on lease-option contracts so you an apply it to your own investment real estate system.

Assume you buy an investment property for $50,000 to $60,000, and you sell it on a lease-option contract for $80,000. You receive $4,000 as a down payment from the buyer, and you will get the remainder of the balance in 12 months. You've created a note for the remaining $76,000 that pays you $570 monthly (interest-only payments of 9%). This gives you nearly $7,000 more in interest payments, if you keep this property for a year. You then find a rehab property in an inexpensive neighborhood that you can get for $35,000. You offer a 10% down payment of $3,500, promising to pay of the loan in 13 months or less.

Now, you can use the $4,000 from the first property, so you don't have to come up with your own money for the down payment on your second property. Offer to pay 8% on the remaining $31,500. This is a monthly payment of $231. Be sure your agreement allows you to defer your first payment for 30-60 days. Now, if you can't sell the house in 13 months (this certainly won't be a problem, though), you'll have the cash from the first house you bought, when the $76,000 balloon payment comes due in 12 months, so you won't lose anything or have to get your own financing, when you have to pay off your second home in 13 months.

You see, you always cover yourself, when using this approach. If you purchase smart on this second house, you should be able to put a few thousand dollars into it and re-sell it in a few short months. Be sure you make a profit well above your $35,000 purchase price and anything you have put into it. Again, if you buy smart, after a few grand of rehabbing, you should be able to sell the property for $45,000 to $50,000. You wind up making roughly $30,000 to $35,000 in a year or less on the sale of your first two properties. This doesn't include the extra thousands of dollars in interest you've made on the payments you're collecting. Learn more about this strategy at www.winningthemortgagegame.com.

Mark Barnes is the author of the new novel, The League, the first work of fiction, based on fantasy football. He is also an investment real estate and home loan finance expert. Learn more about this suspense thriller at http://www.sportsnovels.com. Get his free mortgage finance course at http://www.winningthemortgagegame.com

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

Foreclosure Market Skyrockets as Real Estate Investors Focus on Florida
An increase in Florida foreclosure listings and expectations of property tax and homeowner insurance premium reductions lead investors to focus on Florida foreclosure listings.

Malicious Advertising
Advertising is a necessary irritant in the world today. You can't drive down the street without coming across an ad, either a billboard suspended over a road or a large poster plastered down the side of a bus.

The Need for Advertising
There seems to be a trend among a lot of smaller business owners that they dont really need to advertise. After all, the job they do is good, and word of mouth will be able to do all the advertising they need for free.

Real Estate Investing-Using Options to Purchase Property
Did you know that by using real estate options you can legally take control of valuable properties to generate quick income with only a small amount of money. Learning to understand and use this valuable technique can be extremely valuable to the success of a new or seasoned real estate investor.

Atlanta to Host National Real Estate Training Event and Buying Tour
Real Estate Investing is the topic of an intensive, 3-day Buying Tour and National Real Estate Investors Training Event to be hosted at the Sheraton Atlanta Hotel on March 2nd-5th. (Details at http://www.reiconferences.com/buyingtours.htm) The "REI Conferences Buying Tour Event" provides intensive in the field training by national expert Charrissa Cawley, Jeff Cawley and their team of experts on Real Estate Investing and FInancial Literacy.

Unravelling The Real Estate Buying Process in Canada
If you're a foreign national thinking about investing in the real estate market in Canada here's a run down of the typical buying process you should expect to encounter together with a general explanation of mortgages available to assist with the purchase.First things first though, you have to find your ideal property of course!But let's assume you've done that with the help of a good estate agent and you're ready to move forward with an offer.

Should You Buy Real Estate Now
I have been seeing the market on fire for a long time and have started telling my friends, "don't buy now". No one can accurately determine exactly when it will happen, but it is definately on the way.

How to Effectively Sell Your Home in Miami Real Estate
If you really wanted to sell your house at winter, which the weather is quit badly, unlike summer that you can easily show off the beauty of your home, is still not a bad idea. Selling at winter, means having lesser competition.

Radio Dojo Productions Makes Royalty Free Radio a Reality, at Last: Radio Advertising is Easy Again
Royalty-free radio advertising. It happened in photography. It happened in film. It's finally happening in radio.

Importance of Real Estate Sales Person
A real estate salesperson is additional than just a "sales person." They act on your behalf as your agent, giving you with suggestion and guidance and doing a job - helping you buy or even sell a home. While it is right they get paid for what they do, so do other professions that give advice, guidance, and also have a service to sell --such as Certified Public Accountants and Attorneys.

Website Brings New Technologies to Albuquerque Real Estate Buyers And Sellers
With most home buyers starting their home search on the Internet, a top Albuquerque Realtor has launched a new website to bring the latest Real Estate Internet technologies to Albuquerque and Rio Rancho, NM buyers and sellers.

Advertising Your Business
Marketing your business is one of the most fundamental steps in achieving success. In order to have a successful, established business, its important to be sure youre advertising your business in an effective, value for money way thats likely to generate a return on investment. After all, all advertising was not created equal, and where some advertising campaigns may turn out to be incredibly successful, others will have less of a short term effect.

Real Estate Franchise Opportunities- Some Details You Shouldn?t Miss
If you search for one opportunity in business franchise you will find thousands waiting for you. One such option is the real estate franchise opportunity which enables you to open your business in real estate and construction. In fact the best way to succeed in the real estate sector is to get a franchise of an already proven name.

Dynamic Advertising and Design Launches Patient TV at Princeton Medical Center
Scala Certified Partner, Dynamic Advertising and Design has successfully implemented an in-house hospital TV channel, dubbed Patient TV, for the Princeton Medical Center in Princeton, NJ.