Creating Wealth Through Real Estate

It has been way too long since my last blog post and I apologize as I have just been swamped with work. So this post is to sweep the dust off my blog and also update you all on our Granada Hills REO flip.

We had multiple offers in the first three days several of which were over asking price. We accepted one at $485k (ask price was $480k and started a 30 day escrow with our conventional buyer who was placing 20% down. After approximately two weeks, just shy of the 17 day inspection/appraisal contingency expiration, the buyer's appraiser came back with the figure.

To our dismay, the buyer's, the buyer's agent, and us, the home was only valued at $450,000! This comes after showing evidence of true and real comps (within 1/2 mile, most within the same subdivision), all within the last 3 months, that the value was indeed in excess of the $485 offer price. Again, we have an able and willing buyer wanting the home at that price and the damn HVCC steps in with their overly conservative appraisers who just don't get it and through out a number $30,000 lower.

Since we were very confident that the appraisal would come in at least close to the offer price, we did allow the contingency. Now we had three choices. Let the buyers walk, have them come to the table with $30k more to cover the difference (which they were not willing to do), or start negotiating.Now the negotiations re-started between us (the sellers) and them (the buyers) To start over and go to the next buyer and start a new 30 day escrow would have wasted another 3-4 weeks, so it was in everybody's best interests to resolve the issue. The result was that we were to reduce the purchase price to $477,500 and convert the front two bedrooms into one master suite. I agreed to do this, take the hit, and just move on.

We did have the room in this deal because we bought right, did a lot of the work ourselves, and were able to control the repair budget and keep it lower than most could do for the work we did. The place was a palace in case you didn't see the videos.

This decision was also based on the concept that by taking less profit now, we could get our money back out of this home and into others which would yield more income. Starting over may have got us a higher ask price, but we would still end up with a potential appraisal issue again (which would be resolved by not allowing that contingency), and we would lose out on another 3-4 weeks were are money was earning nothing.Let this be a lesson to all in this ridiculous appraisal market. Make sure you either do not give the appraisal contingency, or limit it to only 5-7 days, or have in place a stipulation stating that no matter what the appraiser come back with, the buyer is responsible for any difference. This could in fact reduce your buyers pool, but then again, it is such a large pool these days that it appears to be worth it so far.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including REO rehab flips. Join his next "Make Me An Investor" program by going to www.nationwidepropertyinvestments,com/education and start your journey to creating wealth through real estate!

We completed almost two dozen interviews for potential candidates interested in our Make Me An Investor Program which begins in one week. This will be round two of the program. The program is an intensive 8 week, hands on educational experience which teaches the students how to buy REO properties, rehab them and sell them for maximum profits, just as we do.

Every detail is covered and all of the strategies we use to succeed or divulged to the students. Most importantly, we teach them not only the how, but the what to do, what to say, how to do, how to say, down to every last detail. Then we make them do it and report back. This form of education has proven to be most valuable to our first round of students.

Don't forget to watch our video series available here on this BP blog as well as on our website. We look forward to reporting back this round of students' experiences and progress as they go through the program which covers the following: 

-     Finding The Deal Before MLS Listed
-     10 Biggest Rehab Mistakes
-     Building Your Team
-     Raising Private Money
-     Calculating Repair Costs
-     Working With Contractors
-     Liability Protection & Insurance
-     Exit Strategies - including Wholesaling

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including REO rehab flips. Join his next "Make Me An Investor" program by going to www.nationwidepropertyinvestments,com/education and start your journey to creating wealth through real estate!

It is no secret that REO investing is one of the most viable strategies available to investors during these current market conditions. If I asked 10 investors how they were acquiring their REO properties, I would get 10 different answers, however, part of the answer would be the same (or very similar). The common response would be, "well, I make a lot of low ball offers and eventually get one accepted." I have stated several times that while this is certainly a way to go, I don't believe it is the most effective or efficient means to acquiring REO properties.

I have also stated many times that the best way to do so, is to get the properties under contract BEFORE the public knows about them. This eliminates your competition, eliminates the common place bidding wars in many areas of the country, and reduces the amount of paperwork and leg work for both the investor and their team members (specifically their agents). Let's face it, agents want to make the most money with the least amount of effort! Don't you!

REO investing is NOT a simple or easy process. It requires a multitude of abilities and knowledge, of course, experience never hurts either. Generating creative means to acquire these properties prior to public knowledge is one of the "real hidden secrets". Yes, I said secret, because if you don't know how, it is certainly a secret to YOU! I am by no means claiming to be the inventor or founder of these strategies, but I certainly know how to get them done which is how and why I am a successful REO investor.

A very valuable piece of information I can share with you is this: Relationships, relationships, relationships! We have all heard the similar statement about location, but the true key, as far as REO investing is concerned, is relationships. You must form these with REO brokers, and lots of them. A strong network of relationships in your corner is a true key to being successful in the REO investing business.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including REO rehab flips. Join his next "Make Me An Investor" program by going to www.nationwidepropertyinvestments,com/education and start your journey to creating wealth through real estate!

We have completed the rehab in Granada Hills, CA and it now awaits a buyer, We have pre-marketed the property and it just now hit the MLS. It was a lot of work and we put more into it than originally planned, but we are very happy with the results and all potential buyers and agents have loved the home and complimented on the quality of the workmanship.

If you would like to view it on the MLS, you can by searching the MLS # T09089044 and you can also view it both on our wbesite and on realtor.com  All agents are encouraged to bring their conventional (or all cash) buyers as we do not expect this georgeous home to last long.

I will update you all on the progress of the sale as it happens and post any details that occur. Be sure to keep an eye out for our next video and if you are interested in doing what we do, then you must join our next make me an investor program which is a hands on educational experience lasting 8 weeks and no details are left out. We are accepting requests for interviews as not all candidates will be accepted. Contact us by email with any questions or for an interbiew request.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

Today was a very productive day. Almost all the 6 panel interior doors were hung (they look great), much of the drywall and paint prep is finished, and the floors in the bathrooms that were bad have now been replaced. The master bath shower has been re-framed and the layout of the lighting and fans for the bathroom and shower are now confirmed.Tomorrow, I will go back to Home Depot and get some more electrical supplies and lighting fixtures and then install them so the finishers can complete the drywall and prep in the master and hall baths.Today also marked the first phone conference with our "Make Me An Investor" students and they had many great questions. The phone call went very well and was most productive. I felt very excited as if I was learning for the first time again! I enjoyed all the questions and hope that our students equally enjoyed the answers. I am very confident that with hard work and perseverance, each of our students will reach success!

Until next time, stay tuned. . .

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

Part II of our video series is now released. Today at our rehab project in Southern CA, we had some surprises in the bathrooms, completed all the demo work, got a great start on the drywall and paint prep, and even had one of our students present on site! He was able to walk the entire project with us, asked many questions and went back home with a greater understanding of how this business works.

Watch our newest video right here on our BP blog as well as on our website at www.nationwidepropertyinvestments.com/videoseries

Today was major interior demo day! I did much of the work myself, for one to keep costs down, and for two, it is great anger management! There are so many ways to release aggression doing demo work, and best of all, it is productive.

I took the sledge hammer to the bathroom countertops, shower tiles, and vanity. The only thing left in the hall bath is the toilet and the tub (my crew will get that on Monday). In the master bath, more of the same, but the shower is not finished with the demo work as we are moving some walls and re-arranging the layout.

The floor tiles in the living room were pulled up as well and the dumpster received lots of action today! My pool guy (also a very good friend of mine) drained the pool and cleaned it out. It is now ready to be re-plastered next week. It will look great when done and really add value to the home. My bathroom remodel crew starts Monday and they will finish the demo work, finalize the material order and start the rehab.

Stay tuned for the Monday report on this exciting rehab project and we should have more videos for you soon.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

Nationwide Property Invetsments, LLC is putting together individuals interested in buying REO properties at huge discounts to current market values. Most REO listings on the MLS are at full market value or just below it. Why pay retail!?! Most buyers do not have the financial resources or the ability to buy bulk REO tapes or buy direct at auction, trustee sales, etc. and therefore have only the MLS as an avenue.

We are changing how this will be done. Now, any individual associated with Nationwide will have access to bulk REO properties at bulk pricing and never pay MLS pricing again. Don't have the time or experience buying at auctions? Thats ok. We can get pricings of reo properties at bulk rates and deliver them right to your computer. No hassles, no fees, no experience necessary! Are you simply a buyer looking to buy your first home, or perhaps move to another home, stop using realtors who only search the MLS for properties where you will pay full or close to full market value!

Nationwide Property Investments, LLC has created a solution for both investor buyers looking for huge discounts on reo properties, as well as home buyers looking to get into a new home (new to them) at huge discounts not currently available to the average citizen. Nationwide has also developed a resource for bulk reo buyers to liquidate their holdings at higher profit margins and without the marketing costs and headaches involved.

There is NO COST to you as a buyer to search and investigate property details! You now have the opportunity to purchase properties at huge discounts that are only currently available to bulk reo buyers and "serious players".

For more information on how to get started, contact us by email at will@nationwidepropertyinvestments.com There is no cost, no hassle, no commitment, no risk, and most importantly, no full market pricing!

Nationwide Property Investments, LLC has just launched their membership area named Online Real Estate Investors Alliance (OREIA) which allows members to become affiliates and earn residual monthly income. Once you are approved as an affiliate, you are able to market the membership to friends, family, associates, business contacts, databases, etc. For each person who joins, you will receive a percentage of the monthly fee. The minimum will be $5 per person, per month. Once that member joins, you continue to receive commission checks either monthly or quarterly for as long as they are active members. Refer 100 members and earn a minimum of $6,000 each and every year! Remember that this is only the minimum and can increase with our affiliates who produce more referred members. Nationwide will provide marketing ideas and literature, as well as banner ads and links to email out or place on your own website. While you market the membership as an affiliate, you will also have the benefits of all the mebership privaleges and learn real estate investing by the sharpest minds in the business. All of this with no guru hype or bootcamp upsells!

We are looking for official sponsors for our live radio show "Creating Wealth Through Real Estate". The show educates and informs the public on a variety of topics which relate to real estate and real estate investing. It includes retirement planning, tax planning, buying and selling techniques, and much more. We have regular guest speakers who are some of the sharpest minds in real estate.

The sponsorship would include internet advertising on both our website as well as the radio station website (the largest internet traffic commercial website in the area), commercials each week on the show, guest speakers each month, and much more.

Please contact us for details and additional information on this limited opportunity. Only one sponsor for each area of business (one realtor, one accountant, etc.) Call us at 800-469-2260 or email us at info@nationwidepropertyinvestments.com

 The Housing and Economic Recovery Act was recently signed into law by President Bush.

The main focus of the bill was to help those in foreclosure and to bail out mortgage giants Freddie Mac and Fannie Mae.

They also added something to help collect more tax dollars from homeowners. Although it has nothing to do with solving the housing crisis this new change will affect owners that own second homes.

Currently, when a homeowner sells their primary residence they can escape taxation on the first $500,000 of their profit (married joint-filers) or $250,000 (single filers) if they lived in their primary residence for 2 out 5 years.

Under the old law, a homeowner could also claim the exclusion even on an investment property or vacation home if they turned it into their primary residence and lived there 2 out of 5 years.

Property owners in markets with high appreciation rates could sell their principal residences for a hefty profit pocketing the first $250,000 or $500,000 tax-free and then move into their investment property or vacation home for a couple of years and repeat the process.

As of January 1^st, 2009 that is no longer possible. The new law will distinguish between “nonqualified” periods of rental or investment use and “qualified” periods of principal residence use.

Here’s an example: If you bought the house in 2009 and owned it for 10 years but lived in it as your primary residence for just two years, only two-tenths of the gain would be tax-free. They would take the total gain in property value and in this case divide it by 10 (ten years). You would then be taxed on the 8 year portion it was a rental, and not be taxed for the two year portion that you lived in it. Under this new law, that is now 8 years of tax you would not have had to pay under the old law.

If you are planning to sell your primary residence and collect the tax-free gains, and move into another property you own, then you may want to think about doing it before January 1^st 2009 when the new law takes affect.

William Barnard - Managing Partner, Nationwide Property Investments, LLC

Recently on our radio show, one of the subjects we spoke about was motivation and how important it is not only in the real estate world, but also in life. I have included some sayings which my partner and I like very much, not only as metaphors, but to actually apply them to life and to your real estate investing goals. So here they are:

The rich act in spite of fear while others allow fear to stop them.

Rich people do what others think about doing.

Comfortable does not equal growth.

The greatest mistake in life you can make is to continuously be afraid you will make one.

These phrases point out the necessity to get over the "fear hump", jump off the fence, and take action. Many people say that they are afraid to make a decision to move forward investing in real estate (or anything else for that matter). What they do not realize is that they HAVE made a decision - that decision was to do nothing. Now, they may not lose anything per se, but they most certainly will not gain or grow either. Therefore, having the motivation to get paste fear and all the negative comments from others is the only path to success. Successful investors are just that because they take action, not because they "know secrets" everyone else does not. That is just guru propaganda. While education is very important, getting experience is where you will grow rapidly.

How does one get experience you may ask? Start with education and then align yourself with a mentor or team members who can guide you to the path of success, which is taking action! It will start with identifing your specific goals and then deriving a plan or path, if you will, to get you to that destination. Remember, he who fails to plan, plans to fail.

Here is an article I thought was of vital importance to our investments in the Metroplex. It is one of many professional articles providing documentation on the large growth of population, the strong economy, and the rapid job growth experienced in Fort Worth. These are the main reasons why we at Nationwide focused on this area for our investments and believe you should to!

Editorial of the New York Sun, July 25, 2008

As the Congress considers whether to follow President Bush's lead in repealing the decades-old moratorium on drilling for oil on the Outer Continental Shelf and in the Arctic National Wildlife Refuge, it might want to take a look at what's happening in the Barnett Shale region in TEXAS. The recent history of the Shale, where innovative energy companies have turned a once impenetrable rock formation into the most important natural gas source in America, provides a testament to the professional competence of the engineers and geologists who find and obtain the energy resources that make America's economy possible. It also illustrates just how irrational the Congress's persistent opposition to drilling has become.

In addition to being the largest onshore natural gas field in America, the Barnett Shale sits directly on top of the Dallas-Fort Worth metropolitan area, which is home to 6 million people. Companies are drilling for natural gas underneath schools, underneath the Dallas-Fort Worth International Airport, and underneath residential communities, and the process so far has been a resounding success. The Shale is producing at rates that have exceeded all expectations, and it's being done in a major American city without disturbing the residents who live there. Surely the reindeer in the Arctic National Wildlife Refuge, on whose behalf much of the resistance to drilling in that area is based, are as amenable to the process of drilling for resources as the citizens of Fort Worth.

Meanwhile, the Shale's economic impact on central Texas is a reminder that oil and natural gas are not just fueling energy addiction and pollution; these resources also create wealth. While the national economy is suffering, central Texas is experiencing a veritable boom. The annual economic impact of the Shale is $22 billion, according to a study by the Perryman Group. The Shale has also generated nearly three-quarters of a billion dollars in local and state tax revenues, and has created nearly 100,000 jobs with more on the way. It's made a few billionaires, more than a few millionaires, and lifted thousands of fortunate men and women into sudden affluence. Would not a rational Congress rather these rewards accrue to Americans rather than our enemies in the Middle East?

Only a few years ago, drilling for the gas in the Barnett Shale was considered virtually impossible. "It is far more complicated to extract natural gas from shale than from other sources of natural gas, like sandstone," a spokesmen for Devon Energy, Chip Minty, said. Devon Energy has been active in the Shale since 2002, but until recently other companies have shied away from the area. Exxon Mobil, for instance, was late in buying an interest in the Barnett Shale even though its global headquarters is only a few miles away. Geologists and energy companies have known about the vast natural gas deposits in the Shale for decades, but the tight, almost impermeable nature of shale, a black rock formed from organic deposits 300 million years ago, made drilling there economically infeasible. A few decades of trial and error and a couple of visionary technological innovations later, and the Shale has become the most important natural gas field in America. The history of the Shale, Mr. Minty said, "shows the potential for energy resources across America."

Will Barnard - Managing Partner, Nationwide Property Investments, LLC

The “American Dream” is and has been to own your home free and clear without any mortgage payment.

If this dream is still valid today, how can it be explained that thousands of financially successful Americans, who have the funds to pay off their mortgage, choose not to. The American Dream has been passed down to us by our parents and grandparents alike. Many Americans fear a home mortgage, particularly when they are at retirement age. This way of thinking is very outdated, although valid back in the 1930’s. During the great depression, banks were legally able to call a mortgage loan due in order to receive a much needed cash infusion. The stock market had lost over 75% of its value, un-employment was at an all-time high, and real estate values were falling dramatically. Many homeowners lost their homes because they did not have the funds to pay off their mortgage and they could not sell the home because there were no buyers at the time. Due to this horrific situation, a new way of thinking was born. “You should own your home and never carry a mortgage”. This way, if the economy dropped suddenly and you lost your job, you would at least have a roof over your head. Since then, laws have been past that make it illegal for banks to call your mortgage loan due.

Today, it is no longer the case that we will live in our homes for 30 years and keep the same mortgage for 30 years until it is paid in full like our grandparents did. Today, the average person lives in their home for only seven years and according to the Federal National Mortgage Association, the average American mortgage lasts for only 4.2 years. People are moving to larger homes in better areas as well as refinancing for a better rate or to pull equity for home improvements and other expenses. These statistics show that it makes little financial sense to pay down your mortgage by applying additional principle payments and to have large amounts of equity in your home.

Ask yourself these two questions: What rate of return do you receive on the equity sitting in your home? Would you burry $100,000 cash in your backyard? The answer to the first question is 0 or nothing! For question two, most people would answer NO, however, a vast majority of home owners across the US are basically doing just that by leaving the equity in their homes.

Rather then allow your cash to remain dormant, pull that equity out and utilize it in any number of great investments. One option is real estate. You receive tax benefits such as depreciation, cash flow and property appreciation. Another option would allow you to invest those funds as a private mortgage loan secured by real estate and earn double digit returns on your money collateralized with real estate. Both of these options make you money! Isn’t that much better then having the equity sitting in the walls of your home making you nothing?

Even if you were to pull $100,000 of equity from your home in the form of a Home Equity Line at an interest rate of 7% ($7,000 annual cost) and placed those funds in a safe interest producing asset which produced a return of 7% ($7,000 annual gain), would you be exactly even at this point? The answer is NO! The interest you pay on your equity line is tax deductible (mortgage interest is 100% tax deductible in most circumstances) therefore, the true cost of the 7% loan is actually only 4.55% (assuming a 35% tax bracket). It is not difficult at all these days to find an investment vehicle which produces a 7% return.

Another problem with all that equity sitting in your home is that if sued you risk losing it. You want to look cash poor when an attorney looks at your assets. If liens show up against your homes and it appears you have very little or no equity then it may keep you away from a lawsuit. Most attorneys won’t work for free. If they can’t find a way to get paid through your assets then they won’t file the lawsuit.

In closing and most importantly, it is a very wise decision to separate the equity from your home to prevent losing it. If you have an equity position in your home and the home values in your area decline, you will lose that equity. If you separate it from the home, via an equity loan for example, you secure the equity by converting it to cash which then may be used for safe & conservative investments. According to a recent study, 67% of Americans hold the majority of their net worth in personal home equity. If we were ever taught to diversify our investments, this statistic shows a failure to practice that advice.

Retirement planning can be a bumpy road. Without the right investment vehicle, you may outlive your savings or suffer a lower quality of life to make ends meet. The government doesn’t make it easy, either. Taxes, Medicaid, estate planning, and a variety of other factors add to the uncertainty, putting your financial security in question.

Retirement is your opportunity to live your dreams. Don’t spend it on a modest income or, even worse, burdening your family financially. With the right assistance and vehicle, you can guarantee income for the rest of your life, so you can enjoy your golden years without worrying about the finances.

Finding the right advisors and vehicle to provide a secure financial future for retirement isn’t easy. However selecting competent and proven professionals for your team is a must. A word of caution on this subject: financial advisors are not legally obligated to place your interests ahead of their own. Simply put, it is not illegal for an advisor to put you into a fund that pays a higher commission to the advisor rather than a fund that produces better results for you.

It is hard to believe that our government would allow an opportunity for financial professionals to take advantage of the investor, but make no mistake, the opportunity exists. This is not to say that all of these advisors would operate in this matter, but simply to inform you of the risks. There are ways to reduce this risk by educating yourself, interviewing advisors, asking specific questions, and investigating their credentials.

Let us take a look at what the majority of advisors suggest you do with your retirement funds:

IRA’s and 401k’s Invested in Stocks or Mutual Funds:
A $250,000 IRA account receiving a 10% rate of return from stocks or mutual funds would yield $25,000 of income and subject to taxation when withdrawn. You would also incur fees from your fund manager or stock broker thus reducing your profits. If your account had a bad year and lost 10% of its value, you would have to gain slightly over 11.1% just to recover the loss. Investing in the stock market can produce positive returns and build wealth for your retirement, but it should not be the only vehicle used.

Mutual Fund Payouts for Retirement:
Placing your retirement on the guess work of a fund manager is not our idea of a sound investment strategy. Retirees must also choose which funds to withdraw and at what amounts. If you live longer, you could run out of money. If the market crashes, your payouts would be reduced. You also may be in trouble if you under estimate how long you need the money. All withdrawals are also subject to taxation.

Annuities:
These accounts give you guaranteed income streams lasting as long as you do, however, they are very costly and lock you into a contract. In addition, if you are passed a certain age, you may not have enough time to fund the annuity.

Now let us take a look at what the wealthy and informed do:

Your retirement accounts are NOT LIMITED to stocks, bonds, and mutual funds. You may “self-direct” your retirement accounts giving you 100% control over your financial future. You may then invest these accounts in real estate and loans secured by real estate.

Real Estate:
Purchasing real estate provides monthly cash flow, annual tax benefits (outside of an IRA), and appreciation. Real estate also provides a much higher return on investment (ROI). When you consider the ability to leverage your retirement accounts with non-recourse bank loans utilizing a self-directed IRA, your retirement account will grow much faster and can continue to grow while you take withdrawals after retirement. The same $250,000 IRA account referenced above but invested in real estate could receive over twice the return at half (5%) the rate utilizing leverage. A large majority of this return could also be tax deferred or tax free when withdrawn by using advanced legal tax strategies.

Non-Recourse Loans:
This is a loan in which you do not personally guarantee. Only the investment property itself secures the loan. In other words, the lender may only look to the property alone for repayment and not your personal assets such as your home, car or credit. When utilizing leverage in your IRA, you are not allowed by the IRS to personally guarantee the loan, thus, standard mortgage loans are not permissible. These loans require a minimum of 30% down on rental properties and may require more depending on the condition of the property and the cash flow.

I encourage you to maximize the earning potential of your retirement account by placing funds into a self-directed IRA. Then invest those IRA funds in real estate and watch your nest egg grow giving you the retirement of your dreams.

With the lending market pulling tighter and tighter on the reigns, or more accurately, eliminating most available funds for lending, it is necessary to look at other avenues for investment funding. One of the most common and widely used is private mortgage lending. This is where an individual with liquid assets takes the place of the bank and loans their funds to another in order to purchase real estate. These loans are secured by the real estate purchase, in the same fashion as a bank would do so (lien on property, named additional insured on hazard insurance policy, etc.)

   We at Nationwide have utilized private funds since we started in this business, and today are looking to increase that usage. In most cases, we are willing to pay an individual more than we would a bank, for the convenience and availability of those funds. Many investors are interested in real estate investments, but do not necessarily want the responsibility of the management and ownership of the property itself. Investing their money in the loans makes sense for them and they receive a set rate of return on their investment, unlike the stock market where you can not only reduce the return, but also lose some or most of the principle investment. The volatility of the stock market, particularly in recent months, is enough to scare away even the most sophisticated of investors. We welcome you all to the private mortgage lending arena with open arms and show our gratitude by delivering handsome returns for the investment.

   If you are interested in receiving double digit returns on your investment, secured by real estate, with no management responsibilities, no costs, no brokerage fees, and no worries, contact me immediately. Your funds may be cash, CD's, money market accounts, 401k funds, IRA funds, lines of credit, home equity, and more. I have current investment opportunities available now in a variety of different projects we are working on.