Archive for the 'No Money Down Investing' Category

MyREIGroups.com - The First of Its Kind In Social Network For Real Estate Investors

Tuesday, February 20th, 2007

I’m often surprised that I don’t see more real estate professionals talk about social networking tools because real estate is really about relationships and social networks on the internet are just an extension of this idea. Social networking tools are one of the most powerful ways for real estate professionals to use the internet to connect with potential buyers and sellers. When you get a reference (or lead) from a social network, this person comes to you with a certain level of trust!

How to Overcome Financial Problems

Monday, October 2nd, 2006

The best answer I’ve found to financial problems of the real estate investing is creative financing. You use your problems to create your solutions. And what do your solutions do for you? They:

· Give you assets - that is, ownership of real estate that rises in value as time passes.
· Give you a regular income from your rentals, an income that will increase as time passes.
· Give you the basis for building a strong credit rating as you pay off your loans.

How to Find Unique Lenders for Land Deals

Wednesday, September 27th, 2006

Few lenders specialize in land deals. So you have a real challenge in finding such lenders. When you want to buy raw land, look at these loan sources:

•The seller - many sellers will finance their land sale, asking for lit-de down payment-sometimes as little as just S100.

•Government sellers - state and federal governments sometimes offer land for as little as SI per acre - with no financing charges. And if you buy large amounts of this land - several thousand Acres - the government may extend credit to you to pay for your land over a period of years.

Look for and Find Zero-Down Properties

Tuesday, September 26th, 2006

If you read the real estate ads carefully every Sunday in a large-city newspaper, sooner or later you see an ad saying:

0 DOWN 3 br/2 bath beauty in ____________
Call 123-4567 for full info. Own your own home!

Now you may not find such ads in your hometown paper. Instead, you may have to look at ads for properties in nearby towns. This is okay for most people because the travel between towns is tax-deductible when you’re checking on your income property. Zero-down properties may be for sale by:     

Six Steps to Increase Your Equity in Real Estate

Monday, September 25th, 2006

1)Raise rents as quickly as possible once you buy a property. Why? Because the higher your rents, the larger the mortgage payments you can make on a property, reducing your mortgage on the property, increasing your equity.

2)Make needed repairs on the property. You can do these yourself, or you can have the repairs done by an outside contractor. Just remember that every dollar you spend on repairs raises your property’s value by at least S1.33. So repairs increase your equity in your property.

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