Top Real Estate Articles

How To Get The Money

Jun 30, 2009 Real Estate Properties

What does the Investor Do with the money? Q: If an investor gets a private money loan, how does he use it and is it safe? A: Like in any business professional Real estate investors have a need to finance new real estate purchases, get money to repair, maintain and lease up their properties. It also can be used to cover other costs associated with purchasing or selling homes. For properties which the investor already owns and manages, there are occasions when an investor may have the need to change equity into liquidity - cash without having to sell the property. This cash can be used to buy another house, fund operations pay off other real estate loans that come due or deal with unexpected cash needs.

Why private money? Q: Why don’t you borrow from banks? A: The problem Banks and other lenders present is that they require detailed applications, bureaucratic approval processes and they must follow guidelines imposed on the banking industry. Then there are self imposed (and FHA imposed) limits to the number of loans they are willing to make to any one company or investor at the same time (currently 10 per investor). On top of that, the duration of their approval process is never certain and can take weeks or months. As Investors following the High Equity Deal Program generated by Richard Roop for example, we can move much quicker without these limitations by using private funding sources like private lenders. That allows us as investors to negotiate deals faster and more profitable while offering sellers a fast and easy sale without the red tape from banks .

Why are the returns so attractive! Q: How can the investor be able to pay double or triple CD rates? A: Investors make profits by providing services to the different parties involved in a real estate transaction, sellers, buyers, renters and private lenders we work with. They cut out the middlemen, and therefore avoid the costs normally associated with real estate commissions, property management fees, mortgage broker fees, loan application fees. Investors are also knowledgeable in how to get full value (appraised value) from buyers without having to make price concessions. They can get a house filled up (sold or rented) fast and avoid large holding costs and they know how to repair and keep properties in good condition for less money then most people pay. They always make purchase offers such so that all parties including buyers and sellers get a great deal. At the same time they realize a minimum profit of $20,000 or $30,000 between the time the house is bought and sold down the road. They just wont buy a home until and unless it makes economic sense for all parties involved.

Help for buyers and Sellers Q: How do you help Owners/seller? A: A lot of sellers today are facing problems finding a buyer when they decide to sell their house. And there are typically a lot of inconveniences and problems a seller must face and get through in order to get their home sold. Using a long-term investing vision, like it is promoted by Richard Roop, we can offer these frustrated and motivated sellers an attractive selling price, we can close the transaction or take possession of the home whenever the sellers want us to and give them an opportunity to avoid all the issues of selling a home.

Q: How do investors like Richard Roop help buyers? A: Investors in High Equity Properties like Richard Roop, offer several programs and opportunities for buyers. This includes offering seller (owner) financing, a down payment assistance program and a program where the buyer can build up sweat equity over time. Buyers today have more and more problems qualify for loans than ever. The Investors programs help buyers get into the house they want quickly allowing them to start building wealth for the future and helping them avoid wasting their money on rent.

Q: How do you assist renters? A: Renters in today’s world face tougher and tougher application requirements by landlords and property managers. We as Richard Roop style investors have positioned ourselves to be flexible and creative in getting reliable folks into our houses at reasonable prices, thereby providing a much needed service. Contrary to others we can even lease to people who recently had a foreclosure or a bankruptcy.

Tags: "mortgage, business, finance, free and clear, INVESTING, Owner Financing, Real Estate, real estate funding, real estate investing, Real Estate Properties, Rental Houses, richard roop, Seller Financing

Richard Roop - Free and Clear explained - detailed review

Jun 27, 2009 Real Estate Properties

Have you tried talking to a bank about getting a loan lately? If not you should try and my guess is you will appreciate this Product Review.

It has gotten so hard to get any kind of Bank Mortgage approved that real estate investors all over the country have just given up on left the field to the already Rich Cash Investors.

But there are ways to make deals happen. What most people forget is that around 1/3 (one third or 35%) of all homes in the U.S. are owned without a mortgage (Free & Clear). And because the buyers often can’t qualify for bank loans these sellers are begging you to buy their home from them and are even willing to do Seller Finance with extremely favorable terms

In his new Training Program Richard Roop has put together a comprehensive and very usable program on how the normal beginning investor who might be attracted by the super discounted Real Estate prices in the post Financial melt-down real estate market, can be successful in a low risk but high rewards Home Based Business.

Low Risk, because Richard Roop teaches how you can get deals with lots of equity in them, at prices and more important terms that beat any bank. Low Risk, because you dont ever have to talk to a bank to make them happen. Low Risk because you will only enter into a deal if you know upfront that - It will cash flow - Exactly what profit you can reasonably expect from the deal. - How you can extract some or all of that profit not when you sell but when you buy. (how to get paid when you buy) Low Risk because you never need to put your credit rating at risk and never even talk to a bank. Low Risk because you dont use any of your own money to make these happen.

High Reward, because Richard Roop teaches you in detail how you can - Calculate upfront what to offer to virtually lock in your profits. If you cant get that price, then dont buy the house. - Structure deals such that you often get $500 and even up to $1000 per house in positive cash flow. - Design the deal such that you get paid up front when you close.

If you are able to believe that it is possible to make $6,000 to $30,000 per deal targeting properties with high equity and Free & Clear Properties, then this Training program could be a great fit for you.

This investment system fits the current economic situation marked by expressions like Credit Meltdown, “Bank Failure”, and “Tightened Bank Lending Requirements” like a glove. Richard Roop has, instead of complaining, created this very relevant and easy to follow rogram that allows anyone interested in creating their financial future in this exciting window of opportunity, to buy Houses (and land) with Great terms (often 0% financing) and build a large pool of Free and Clear Homes that can provide Free an clear Cash Flow for you and your family for ever.

To get more details about how this program works click on the link below and watch the Free Video where Richards program is being explained in detail.

Tags: bank bailout, business opportunity, Cash Flow, cash machine, foreclosure investing, free and clear, free and clear cash machine, home based business, jack bosch, r, Real Estate, real estate funding, Real Estate Properties, real;estate, richard roop, Seller Financing

Richard Roop Free And Clear Cash Machine - Part 2

Jun 27, 2009 Real Estate Properties

When investing in Free and Clear Real Estate (or Real Estate with high Equity) it is crucial to know what steps to need to take to make sure you achieve the success you are out to get.

Follow these steps to make great offers on free and clear homes:

1. Determine what price you expect to get quickly by offering flexible seller financing to a buyer

2. Get a feel for the realistic minimum for monthly cash flow you can get each month from the property.

3. Determine the minimum profit you want make

4. Add up your projected costs for marketing, buying, funding and selling

5. Add up your projected costs for repairs and holding until occupied

6. Decide if you are going to pull out some extra cash when buying

7. Determine how much cash you need to raise to fund the deal

8. Determine the monthly expense of using these funds through a private investor first mortgage

9. Determine the overall cash flow which should be clearly positive (and calculate without including any eventual monthly payments to the seller on a second mortgage)

Your maximum allowable offer (MAO) on a deal like that where the owners owns the property free and clear equals:

* Your resale price, less your target profit, less all your cost to buy, hold and sell, then

* For the term of your seller carry back note - add the total positive cash flow then

* For the length of your seller carry back note - add the total principal reduction

If your final acceptable offer does not exceed this amount, then you’ll meet your target profit goal.

The beauty of this investing approach is that you structure 0% seller financing with the homeowner. And there so many different reasons why sellers are accepting offers with no interest on their equity.

Many investors don’t think owners will accept 0% financing, or wait five to fifteen years for their money… but they often do… and they do it all the time. But only when you ask.

The benefits for you are awesome.

* You can collect all the positive cash flow on the property when the seller accepts no payments. If you could net $1,000 a month for 84 months, would that be worth getting involved?

* The truth is, you can make any House cash flow by only offering the seller monthly payments on the basis of what the houses can afford. And any monthly payments you do make are principal only (0% financing remember?) and will therefore pay off the house FAST… creating a huge Profit at the end. If you could buy a house with no money down, get at a positive cash flow, and then collect $50,000 or $100,000 within three to ten years, would that be a deal?

* And it gets even better; if you like, you can pull most of the profits out at the beginning… in cash… on the day you purchase it. You don’t need to rush to quick-turn these Homes when you have no Cash tied up in the deal and when you’ve already received an extra $10,000 or $30,000 in hard cash at closing when you bought it.

It may seem complicated, but it is not. The marketing is easy. Prescreening these leads is simple (Hint: if there’s a lot of equity… go see the seller!). Negotiating and deal structuring is systematic. The deals you buy using this investing model are super easy to quickly resale or occupy.

Use the steps explained above to compose multiple offers to the sellers and then calculate different offer packages based on:

1. Having the seller be cashed out at the end with no payments until then. (they wait for ALL their equity) 2. Sharing or passing on of the net cash flow each month to/with the seller, 3. Giving the seller some cash as a down payment now and 4. Some combination of cash down payment now, monthly cash flow and cash later to the seller

Sound too good to be true? You’ll never try it unless you believe it work for you. Click the link below at the very end of this article to learn exactly how many people have done this and how you can also do this.

Here’s some proof to get you motivated and excited…

* How Mark from Virginia realized an extra $10,000 in cash Profits the day he bought a $165,000 house with seller financing at 0% interest for 7 years at $400 a month and no money down.

* Mike from Washington made an extra $25,000 (Cash) the day he bought the property on a $120,000 house with zero money down, 0% seller financing and a $500 monthly payment for 8 1/2 years.

* Denise and Mark from California just bought a completely remodeled $400,000 house which rents at $1,800 for only $290,000 with again no money down, and a 0% financing arrangement with the seller at $800 a month for 10 years.

Tags: "mortgage, b, business, business;finance, e, f, fix and flip, free and clear, free and clear cash machine, h, home based business, home loans, House For Sale, i, m, nothing down, o, r, real estate funding, Real Estate Properties, real;estate, richard roop, Seller Financing

How to Create a Cash Flow Machine ” Part 1

Jun 24, 2009 Real Estate Properties

We all have heard about and are living through the biggest Downturn in US Real Estate Values since the 1930s. This has created a lot of challenges for Real Estate Investors but it also has create some incredible opportunities if you’re willing to make a few adjustment in the type of Real Estate Deals you pursue.

The majority of investors are stuck in their ways of doing business that worked last year, but today the world is different.

The key today is to look for Proven methods for collecting big checks as a Real Estate Entrepreneur while looking at the tighter financial markets which make getting loans for YOU as well as for the people you SELL to more difficult.

And one of the ways you can successfully leverage this exact scenario of a Market Flooded with Properties, Very little Credit is investing in “Free & Clear” Properties with “Owner Financing”

Free & Clear Owner Financing One of the easiest and safest ways to create a quick and profitable Real Estate business throwing off enough cash each month for you and your family to have some options in life is to target and buy free and clear houses… or properties with lots of equity. I call this “The Ultimate Strategy” for buying and selling real estate because:

- It works on Real Estate in any price range including low end, rental markets, bread butter homes, executive homes and even high end luxury homes

- It works in any market condition including slow markets, normal markets, hot markets, post-hot markets, uncertain markets and especially in today’s ’skittish’ market climate.

- It works in any market climate including slow markets, normal markets, hot markets, post-hot markets, uncertain markets and especially in today’s ’skittish’ market climate.

By targeting free and clear houses you can structure offers with owner financing that allow you to collect extra cash on the day you buy, reliable cash flow each month and huge backend paydays for cash later.

Do you think this sounds too good to be true?

Sound too good to be true?

You’ll never try it unless you believe it work for you. Register right Below HERE and learn exactly how many people have done this and how you can also do this.

Here’s some proof to get you excited…

- How Mark from Virginia netted an extra $10,000 in cash at closing buying a $165,000 house with no money down, creating 0% financing with the seller for 7 years at $400 a month.

- How Mike from Washington collected an extra $25,000 in cash at closing when he bought a $120,000 house no money down, creating 0% seller financing at $500 a month for 8 1/2 years.

- How Denise and Mark from California bought a newly remodeled $400,000 house which can rent at $1,800 for just $290,000 with no money down, creating 0% financing with the seller at $800 a month for 10 years.

- How Brenda from Ohio netted an extra $10,000 in cash at closing when she bought a $180,000 house with no money down, getting 0% seller financing for 6 years at $360 a month.

- How Marc from Minnesota buys a free and clear house each month and how he recently collected $50,000 in extra cash buying a $240,000 house for $212,000 with 6 years of 0% seller financing at $1,000 a month.

- How Rob from Oregon created $15,000 in extra cash and a positive cash flow of $1,200 a month buying two houses in just a few minutes with no money down funded with owner financing requiring no interest and no payments for 6 years.

The bottom line… Regardless of what investing models you’re using today, you’ll enjoy more consistent success and be able to generate more immediate cash profits by targeting houses with more and more equity.

Tags: "mortgage, b, business, business;finance, f, finance, free and clear, home based business, i, INVESTING, m, Owner Financing, r, Real Estate, real estate funding, real estate investing, Real Estate Properties, real;estate, Rental Houses, richard roop, Seller Financing