Selling Your Real Estate Notes
People sell real estate notes to raise cash quickly. A real estate note is just the loan document created when you financed the sale of your house or investment property. It could be a mortgage note, or a land-contract or contract-for-sale. The point is that the buyer is making payments to you, and you want to cash in. . . . >>> READ MORE
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Lease/Option Versus Contract for Deed
Many mortgage and real estate investors are generally familiar with the concepts lease option and contract for deed (aka "installment land contract"). Many investors confuse the two, and this article will help you understand the tax, legal, and practical issues between the two. . . . >>> READ MORE
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The Hidden Market With Real Estate Paper
Are you aware of just how large the paper market or the seller-financed mortgage market truly is? One out of thirteen homes sold in the U.S. has some kind of seller financing. Further, this market continues to grow at the rate of over $4 billion a year. . . . >>> READ MORE
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With Owner Financing, Some Safety Tips
Why offer owner financing when you sell? A higher price, to start with. Add to that a good return on your money, a faster sale, and an easier sale of a "problem property." Good reasons, but how do you do it safely? . . . >>> READ MORE
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A Simple Real Estate Success Formula
It was a simple real estate formula. The ads ran in our small-town newspaper for years before I realized exactly what was going on. They were always the same: A house for sale with 5% down and payments of 1% of the purchase price. Maybe a three bedroom home for $90,000, for example, with $4,500 down and $900 per month payments. . . . >>> READ MORE
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Nothing Down And A Few Ways
Nothing down? Exactly why would a seller want to walk away from closing with nothing? The truth is, they normally wouldn't, and that brings up the most important point about real estate investing with no downpayment: A seller almost always needs cash at closing, but it doesn't have to be YOUR cash. . . . >>> READ MORE
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Zero Down On Property
Zero down doesn't really mean no down payment. Most sellers need something as a down payment if they are providing financing. Most banks won't do 100% financing on real estate that is purchased as an investment. Zero down just means that the down payment won't come from your money. So where will you get it? Can you really profit from real estate without having money to start? . . . >>> READ MORE
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No Money Down Real Estate: Fund All Your Deals With Private Lending!
If you invest in real estate, you need cash to buy houses. Even if you have a full bank account and great credit, you'll eventually run short on funds - or short on time to obtain a loan - for the next deal. Private lending is the answer. It is a bottomless pool of readily accessible funds: whether you have great credit or poor; whether you have cash reserves or not. . . . >>> READ MORE
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How To Convert Your Real Estate Notes Into Quick Cash
If you're a real estate investor needing quick cash, selling your notes could offer a fast, easy solution. It can happen to anyone. You find yourself in a situation where you need a chunk of cash--instantly. Maybe you have to handle an emergency or simply want to free up funds to invest elsewhere. . . . >>> READ MORE
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Real Estate Note Owners First Biggest Mistake
The single most common mistake that a note holder makes when creating a note is that they fail to check their buyer's Credit Report. It seems so simple, but it is worth repeating "Most people fail to check the credit report of their prospective buyers!!" Can you believe this? Just by doing this one simple step can save you a bunch of money now and in the future. . . . >>> READ MORE
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Mortgage Free In 15 Years
Imagine paying your mortgage off in 15 years! Think of all the great things you could do with that extra money. What would you do? Retire early? Buy an R.V.? Travel around the world? If you could eliminate your mortgage in half the time, then your options would be wide open. . . . >>> READ MORE
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Little Known Secret: Eliminate Your Mortgage In 23 Years Or Less!
Wanna know a little secret? There is an ingenious method you can use, to pay off your 30 year fixed rate loan, in 23 years or less. It's straightforward, simple, and easy to understand. In this article, we're going to explore this little known secret, and we'll provide several examples of how it works, a few methods on how to implement, along with some information on where to go and how to get started. . . . >>> READ MORE
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The Zero Down 80/20 Mortgage
This is an excellent loan for those that are lacking the down payment required for other types of mortgages. The 80 20 mortgage is simply two loans for 100% of the purchase price. It is a first mortgage at 80% of the purchase price with a 20% second mortgage. . . . >>> READ MORE
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Does Early Mortgage Repayment Make Sense?
Early mortgage repayment looks on paper at least like a wonderful deal. If you have a typical mortgage and you are near the beginning of the mortgage term and make an extra $25 a month in principal payments, you could potentially save $25,000 in interest over the life of the loan. . . . >>> READ MORE
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Why Paying Off Home Mortgages Is A Dumb Idea
Well, I'm sorry to burst the bubble, but frankly its not smart from a financial standpoint and such idea could lead you to a big mistake. Now I know that could be a shock to you, or make you feel uncomfortable and you should. This goes against the grain of what the majority of the population's concept of smart handling of home mortgages. . . . >>> READ MORE
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Lease Options: The Whole Truth
Lease options are creative real estate's favorite get-rich-quick device. There is a virtual tidal wave of books, courses, seminars, boot camps, and more available for sale on how lease options (also called lease/options or a lease with option to buy) can make you rich overnight, solve negative cash flows on rental properties, earn you streams of residual income, make you financially independent and much more. . . . >>> READ MORE
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Pooling Private Lender Money
When you pool money from private lenders, you're putting funds together from two or more different private lenders. You obviously need to look at doing something different where your state's paperwork is concerned. This means you will need to file paperwork with your state and provide a disclosure document to your potential private lenders. . . . >>> READ MORE
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Is A Mortgage Your Only Financing Solution?
Today, thanks to the ever-increasing use of the internet to seek out homes for sale, and the increased participation of homeowners in the buying and selling process, there is greater interaction between the buyer and seller. Not only is this good for public relations, it is also an excellent opportunity to explore other funding options, for the buyer and for the seller. . . . >>> READ MORE
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Dealing With "Due On Sale" Part 2
In my article, "How to Deal with the Due on Sale Clause", I outlined a basic strategy for using a revocable land trust to quietly circumvent the "due-on-sale" clause. The following is a strategy that can be combined to make a bundle of money with owner-carry mortgages and land contracts. . . . >>> READ MORE
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Lease Option A Junker
The lease/option can be an excellent tool for profiting on rehab properties. Many "junker" properties can be bought cheap, but this requires cash. Furthermore, you need cash to fix up the property. You also have to pay monthly interest payments while waiting for your subcontractors to finish the job and for the new buyer to qualify for his loan. . . . >>> READ MORE
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Structuring Sale-Leaseback Transactions
The sale/leaseback is a financing technique that has been used in the United States since the 1940's. Sale/leaseback transactions provide alternative methods of ownership, investment, financing and risk allocation . . . >>> READ MORE
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