Top Real Estate Articles

Seller Financing Creates Solutions

Oct 4, 2009 Real Estate

Seller financing can be a great way to get a house sold without slashing the price. By recognizing the millions of people who can’t get traditional financing as potential buyers, resourceful property sellers (and their real estate agents) can minimize their time investment in getting a property sold. Even better, sellers who offer financing can usually get a higher asking price for their property, even in the slowest markets. Clearly this is a win-win situation.

There are many sellers that do not even consider the idea of seller financing because they are not familiar with how it works or they simply have not heard of it before. The seller of a property can benefit from providing their own financing in three distinct ways. These benefits are more buyers, more money, and long term profit. Following is a closer look at these benefits.

Benefit #1 is MORE BUYERS. In a slow economy like the one we are in now, it is very difficult for buyers to get qualified through conventional financing. The market is full of similar type of houses that sit on the market. When a seller willingly advertises , “Owner Will Carry” or OWC, more buyers will automatically be attracted to your house. This gives buyers a better opportunity to qualify to by your house, while not counting strictly on the bank to provide financing.

Properties sell for a higher asking price when the seller offers a carry back or a note to the buyer. Buyers are often aware that the only way they will be able to acquire the property is from seller financing because often times they have already been turned down by the bank. The buyer is face with buying the house at a higher price or not buying the house at all. For this reason the seller’s second advantage is more money.

The seller acts just like the bank when offering seller financing or carrying a note for the buyer. The buyer is making interest payments each month which over time can accumulate to hundreds or thousands of dollars to the seller. The longer that the buyer makes payments the more interest payments the seller with accumulate over time. The third advantage to seller financing is long term profits. Seller financing creates a great opportunity for the buyer to get a house while providing great advantages to the seller.

Tags: cash for notes, cash payment, financing, Loan Payments, Note Buyer, note payments, note seller, Owner Financing, Property Buyer, property seller, Real Estate, Real Estate Notes, real estate purchase, Seller Financing

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’s Ultimate Real Estate Investment Strategy

Jun 27, 2009 Real Estate Properties

I have recently had a chance to speak with renowned Real Estate Investment Expert, Teacher and Marketer Richard Roop and he kept talking about “Free and Clear Houses” as the way to go in this turbulent market. In Richard’s own words “It’s a real estate investing “cash flow business model” that works anytime, anywhere and on any type of real estate. It works in slow markets, normal markets, hot markets and post-hot markets like California, Florida and Arizona. It’s a laser guided approach… very specific and targeted. It’s a simplified approach with every step of buying and selling made easy and systematic.”

According To Richard Roop his “Free and Clear Money Machine” is the ultimate strategy. When compared to all the other real estate investment techniques like wholesaling, retailing, lease options, rehabbing, short sales, etc., it provides the longest list of benefits and solves most all of the challenges real estate entrepreneurs face sooner or later.”

In this multi-Part Article series we will go into detail on how this powerful, yet very simple and easy to do Investment method works in the today’s World.

For free training videos and free articles and videos on this subject go to www.free-and-clear-cash-machine.com

1) Equity, lots of equity, is your target property

Many real estate investors have discovered that when there’s more equity in a deal, there are more exits and more ways to create a better offer to the seller.

If there’s no equity then you have to create it by discounting the mortgage or waiting years… hoping the property appreciates. Some of the benefits of targeting houses that are free and clear (or have very little debt) include:

- If you need quick cash for buying an investment property, you can borrow against the equity (without bank qualifying) using hard money loans or private investors.

- Not only can you raise cash needed for a down payment, repairs or remodeling, paying off liens, marketing expenses and holding costsn BUT you can also pull out some EXTRA cash on the day you buy.

- Contrary to what a lot of investors may think, sellers with free and clear houses in many cases do not need any of their equity in cash right now. If they did, they would have pulled it out sooner.

- Sellers with lots of equity tend to be older and many times like the idea of receiving a monthly cash flow. This allows you to buy on payments, paying the seller off with the income from the property.

- A lot of free and clear homes are non-owner occupied and the seller might be facing a big tax bill if they received all their money at once. You can help them defer or stretch out their tax bite by having them finance your purchase.

- You will find many landlords with multiple properties who want to eliminate all their management hassles and sell all of them to you.

For more information and free articles and videos on Richard Roop’s Free and Clear Cash Machine please visit http://www.free-and-clear-cash-machine.com/

Tags: a, b, business, business;finance, Cash Flow Machine, e, f, finance investment property, free and clear cash flow, i, r, real estate investing, Real Estate Properties, real;estate, richard roop, s, Seller Financing, small business, w, ways to make money

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

Unlock Your Potential for Successful Investing with Owner Financing

Jun 26, 2009 Real Estate Properties

Buying and selling real estate can be as difficult or as easy as you make it. I am here to help you make it much, much easier by using the techniques of owner financing. I want to show you the secrets of how mega-millionaires of real estate empires complete deal, after deal, after deal. In fact the bigger the deal the more likely you are to use owner financing. Owner financing is commonly used and accepted on larger deals and with wealthier sellers and buyers.

Owner Financing is the most powerful way to unlock your potential for successful investing. This is because in most cases, if you have funds to cover any necessary expenses, you most likely can make a deal work. Owner Financing is the most incredible method for raising funds I have ever come across.

A big concern for buyers is, What if I cant sell the property after I buy it? This issue can be handled with owner financing. When you offer the right kind of owner financing to buyers you create your own market niche. Imagine what kind of interest there would get in your properties if they came with their own financing that partially anyone could qualify for. Your phone would ring off the hook with interested parties, creating more and more cash flow.

Owner Financing has the power to revolutionize the real estate world by freeing both buyers and sellers. When you completely understand owner financing, I hope you will choose to yield the sword of freedom within the investing arena.

How could owner financing change the investing and/or real estate world if it were widely taught and understood? Would there be fewer foreclosures? Would there be more opportunities for investors to realize financial gain from buying real estate? Would it be easier to buy properties even though traditional lending institutions were making getting a loan more difficult? I believe owner financing would do all these things and more. Our nation would greatly benefit by buyer and sellers using owner financing techniques. Learn owner financing and help yourself and others by utilizing this information.

Tags: Buying A Home, Buying A House, creative investing, financing without banks, financing without using a bank, home purchase, no credit, nothing down, Real Estate, real estate investing, Real Estate Properties, Seller Financing

Credit Crunch Hits Real Estate Investors with Hammer Blows

Jun 25, 2009 Real Estate Investments

Are you frustrated with all the red tape Banks are now requiring. Are you having difficulties getting a bank to to even look at your application for a Real Estate Investment? Do these excessive Bank loan requirements make you cringe and want to just give your Real estate Investment Career up and go get a JOB again? Sine the Credit Melt Down, Times have gotten tough for anyone wanting to get a loan from the bank. But there is good news. You don’t have to put up with this anymore. Hope is on the horizon. Change comes in form of a new strategy that was designed for this market. But you do need to be willing to change strategies if you want to to not just survive in this economy but thrive beyond your expectations.

Although there are Dozens of Real Estate Investing Techniques and Strategies, most of the real estate Investors out there really focus on one or more basic money making strategies. Any of these are focused on answering one or many of the following fundamental business questions: - Who and what kind of property (or seller) will you focus on? - How will you be able to buy these properties (and from these Sellers)? - How will you fund the transaction? - How will you dispose the property (or rent it)? These four critical results areas are the ones you must decide on before getting into any deal in order to make this business of real estate investing profitable.

There are four main strategies the vast majority of investors use. Is yours here?

Fix and Flip Houses Selling with Lease Option and buying Subject to Buying ugly or pretty houses and selling them wholesale to other investors Short Sales and Bank Owned properties (often combined with the one other method)

All of these money making strategies have worked well for years and made many an investor rich. Unfortunately, in today’s market they all have a significant weakness. Gone are the liar Loans. Sub-prime Loans have gone away. No job, no problem; no money, no problem remember those days? Well they are extinct. These loans may have helped enrich many sellers, but the buyers that got stuck with these loans have fallen pretty hard.

FHA Assistance Programs are still there, but they aren’t easy to get. Now the buyers must meet ratios. Plus even here investors are subject to massive Lender Requirements. Even Loans to Well established Real Estate Investors (Investor Loans) are hard to come by. What you usually hear from a bank is You want to do what? We don’t do this anymore? And the ones you do fine are very expensive. So what should an Investor Like You Do? Its time to adjust course and look what is working in this market and then take this new and different strategy.

- A strategy designed and created just for this credit crunch we are experiencing. - A strategy that does not rely on banks so it works . - A strategy that takes less work and makes more money by not using banks and still buying and selling real estate. Many investors in over 107 different markets across the country are currently using this Unique Strategy created by Master Investor Richard Roop. Right now, In this environment we are in the key to a successful strategy is to target houses with high equity. Richard calls them Free and Clear, but on some of the the homes it is possible that a small mortgage balance exists. This is fine and the method works on these just as well as on truly free and clear houses. What you do is you offer the seller their market price, but you insist on your terms. They get out of the deal what they want, you get the terms such that seller becomes the bank and you get the terms you want to make this deals work in a massive way. once you have such a deal done, you can hen sell the house on a wraparound mortgage, using lease option contract or just rent it for cash flow. The beauty is, the way Richard Roop teaches you to put these deals together you’re able to pull cash out of the transaction on the day you buy it. and the Cash is Tax Free. Yes, you heard correctly, you don’t even to dispose or sell the property to collect money and make it cash flow. And there are no banks in the picture! How cool is this?

Once you have understood and tested this strategy, the world never look the same. As a matter of fact this is so powerful that the worse Main Street and Wall Street are doing, the real estate entrepreneurs who employ The Ultimate Strategy are doing. To get more details and free articles and videos on Richard Roop and his “Free and Clear Cash Machine” please proceed to click on the link below at the end of this article.

Tags: business, business;finance, Cash Flow Machine, Education, f, finance investment property, free and clear houses, free and clear investing, INVESTING, jack bosch, Real Estate, real estate investing, Real Estate Investments, real;estate, richard roop, Seller Financing, training

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