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- Get yourself trained before doing something inadvisable.
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Learn 10 Low Cost Ways To Buy A House.
List of Teaching - what you should know - Free Phone Consultation To Point You In The Right Direction
Now you can get the FREE book . . . FindFreeHouseGuide If You Want Training, We Do That Too
New people ask all the time, "What now? and "How do I Do This . . ."and they Say, “I have Analysis Paralysis" and "I’m Just Getting into Real Estate" and "How Do I get Started" and so on. Two people just PM’d me specifically on those types of questions.
I can be reached at https://www.biggerpockets.com/users/kenm286 click on Message
How do you know what questions to ask? So, here’s the answer
You Start at the beginning and ask what your goal is.
Real estate only consists of a few components.
1. Time 2. Money 3. Knowledge 4. Execution -
You can learn all of it (almost for free) if you dedicate enough time to the process. You can speed up the time considerably (that takes money) by having someone take you hand in hand all the way to the purchasing and managing of properties. But ultimately, you are the one that has to execute the plan.
It's all about the "Time Value of Money" and "Missed Opportunities" and "Getting Started". What is Your Future Worth?
Since most people starting out don’t have the real estate vocabulary, I’ve taken the subjects that I teach and listed them here. You don’t have to do all of these, but you do need to do quite a few to become a roaring success in real estate investing.
Learn 10 Low Cost Ways To Buy A House.
- 1. Subject To (Subto) (Take over the mortgage & own the property)
- 2. Land Contract (deed transfers when last payment is made)
- 3. Wrap (seller sells with mortgage that mirrors their mortgage
- 4. Wholesale (buy below market value)
- 5. Abandoned/Zombie /Neglected (buying properties “off market” that others don’t know about, cheaply
- 6. Seller Financing (Seller becomes your bank)
- 7. Lease Option (Test the property before you buy)
- 8. Foreclosures/Probate /Distressed (Buying properties at a discount below market)
- 9. Assumption (taking over the loan of a specific property)
- 10. Joint Venture with seller or investor (buy with a partner to cut costs and risk)
- If you are new and looking at buying a property or a house, or other real estate, I’d compare cash to financing, to offering creative financing to the owner. You might be surprised that they are open to creative financing and you will benefit significantly.
Ask whoever is going to teach you if they cover the Following and find a better teacher, if they don’t. Now, go buy some properties!
Now you can buy the book . . . FindFreeHouseGuide If You Want Training, We Do That Too
FindFreeHouseGuide Includes
Finding good deals in a transitioning market……………………………………...............................3
Learn how to buy houses for pennies on the dollar - Fix & Flip, BRRRR, Rental, STR….…5
Spreadsheet using other methods - when markets are tough, the tough use brains......7
Using Subject To (Subto) and wraps to buy properties - not using banks………….............11
Creative financing really is not hard to benefit from - for Flips, STR, LTR, BRRRR...........12
I spent $125,000 on an attorney because I wouldn't spend $15,000 on a mentor ?
it’s true…………………………………………………………………………….................................................…13
How creative financing works……………………………………….....................................………………16
You can buy below price - if you've a mind to - like this…………………………...........................17
Subject To, why you need money to buy using "subject to" (Subto) - safely, legally………18
Buying foreclosures below market-how the numbers work - New? Use creative financing….21
How to make a reasonable offer using creative financing to a seller ……………................…24
What is "Subject to" (Subto) financing - when does it apply………………………........................25
Why Subto works - actual safe Subto numbers - real deal - not "no money down"….......27
How to add cash flowing rentals to your portfolio - No Bank Needed, Low Interest Rate.31
How do you find good deals? you can buy using creative financing…………….................…33
Should you consider all of these creative financing techniques?........................................35
Zero down - Creative Financing - Tricks of the Trade………………………………........................37
What is "subject to" (Subto) financing - when does it apply………………………......................38
Flippidy do dah - Fix & Flipping today & making a mint…………………………...........................40
Ways to find & fund cash flowing properties ……………………………………............................…42
Your loan has a due on sale clause……………………………………………….................................…44
Creative financing and some things to know……………………………………............................…45
How to know if your Flip might be successful…………………………….........................……….....47
Buy & Hold vs Creative Finance - how do they compare - actual deal cash flowing........48
So, what's the difference : Assumption vs Subto (Subject To)…….………………................….51
How I Made My First Million Investing In Real Estate - Common Questions & Answers..52
Learn 10 Low Cost Ways To Buy A House…………………………………………............................52
Foreclosures over 1,000,000 loans in default? Time To learn how to buy pre-foreclosures?...56
No cash down Subto lenders - how does this work?........................................................58
What a pro looks for in a *residential* Subto purchase……………………………..................60
When is a good market to flip ……………………………………………………...............................…62
Understanding real estate agents from an investor’s point of view………………..........…63
Is investing in a high welfare rate a benefit or detriment to your investment?............65
Ranked: U.S. Households On Welfare By State ..........……………………...............................67
Making a marginal deal work with financing - buying from a seller smartly……….......69
Sued - Subto-Foreclosures-Probates-Memorandums-Wholesaling-Deceptive Acts-
Fraud-oh my……...............................………………………………………………………………………….…71
We use Lease/Options to sell, to reduce expenses & to increase profitability…….….75
How to actual buy a Cash Flowing property - financing & profit go hand in hand…...76
In the last two months I've bought 3 Subject Tos for less than 85% of ARV each…....77
Using Wraps to buy houses Without Using A Bank or Your Credit - profitably ……....80
If you are new and looking at buying a property or a house, or other real estate, I’d compare cash to financing, to offering creative financing to the owner. You might be surprised that they are open to creative financing and you will benefit significantly.



