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17 December 2007 | 17 replies
That is the money making part, you better damn sure know that market better than the bank ever has a chance too, and provide one of the most compelling and well put together arguments ever as well.All the usual techniques apply, I'm sure its not rocket science anymore, but they include:-detailing repairs to the property, with a contractors help (there is mold in every house in my area if you look hard enough), know how to present this information and document it to the T.
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12 July 2008 | 3 replies
I read a real estate guide which goes over several creative financing techniques (Double Escrows and Discount Mortgages being the most powerful techniques).Are there any investors out there that are familiar with these techniques?
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12 October 2008 | 30 replies
If the mentor wants 50%, he/she should be bringing something else to the table, i.e. the financing, the cash down, or both.On top of all that, if you feel the need to pay tens of thousands of dollars for a mentor program, you better be getting truley advanced investing startegies/techniques (commercial properties) or else you are tossing $$$ out the window.As far as what Ned has stated, I agree that a good mentor who can reduce/eliminate the fear factor and bring the newbie to take action, deserves financial consideration for the effort.
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14 February 2016 | 104 replies
Jay, as I said I'm not familiar with the technique and I've never used it.
3 July 2020 | 3 replies
Those classes seem more tailored to investors, rather than agents, but the "Negotiations Training" course seems like it may be the first logical step.Thank you to any and everyone willing to help out.
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2 October 2020 | 3 replies
However ask yourself these questions:Am I willing to become a student of - sales, negotiations, real estate basics, transaction coordinating, marketing techniques, how to build relationships, prospecting.If you are then this journey might be for you.
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7 April 2016 | 33 replies
The technique I've read and heard repeated by many is to find the ARV in their neighborhood and offer 70% of that.
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17 October 2023 | 8 replies
As a new member looking to invest in STR, the course just seems tailor-fit to where you are (you also get a free year of our Pro Annual membership if you enroll).
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31 January 2024 | 6 replies
We understand the unique challenges and opportunities that come with your profession and can tailor our support accordingly.Looking forward to connecting with you and helping you navigate your real estate investment journey!
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26 June 2016 | 4 replies
Perhaps you could recommend any investors that could facilitate this transaction.For the past three years I've successfully studied & been involved with over 400 various industries as a designer & marketing consultant.Currently, everywhere you look people are buying and flipping real estate.It seems everyone is buying a home, fixing it up a little, and selling it almost immediately for a sizeable profit.We read about it in newspapers, online, and there were even television shows based on flipping houses.The flipping real estate business model works great.But here’s the good news for you . . .that same business model works in many other areas.You can flip non real estate assets just as easily, maybe easier than flipping houses.You can also use leveraged buy out techniques to alternatively buy & hold already existing businesses similar to properties also.Through the use of transactional funding I've realized that I could borrow a $250,000 swing loan from a bank, give that to the seller in morning.That would make the business mine.Then in the afternoon I could take all the assets that are in the business that I just bought and raise $360,000 (80% of $440,0000) the same day from an asset-based lender.Then I could take $250,000 of the $360,000 and instantly repay the transactional loan.Then, I'll have a $110,000 cash windfall in my bank account, which I could now use to run the business and pay myself a big bonus.The double escrow basically enables someone to do this: I never touch the $250,000 of the down payment monies put into escrow by the lender.The asset-based lender never hands methe $360,000 check.