Real No Money Down Real Estate
Subject-to Financing
In the past few months it has been increasingly difficult to get a no money down investor loan. They have pretty much dried up and been replaced with 10-20% down loans and those are for people with great credit. The problem is now is in many parts of the country it is becoming the best time in the last 15 years to buy real estate. Now is when the next set of millionaires are going to be born. You have to buy to come to the party. So how?
Don Derosa walked us through a financing model called subject-to financing. This is an opportunity to take over the payments on an existing home while helping the distressed homeowner and controlling the profit. This is a great way to create cash flow and equity in homes without all of the red tape of going to the bank.
What is really exciting about Don’s approach is his one-two punch of financing small amounts such as repairs with private money lenders. Don is one of the most dynamic investors in the industry right now. He has been operating under this strategy for years but now he is getting a lot of attention with the decline of the mortgage industry. If you want to start building your portfolio today but don’t have the cash or the credit then listen in and start today. Even if you have some cash and credit but don’t want to tie it all up in homes you might want to take some notes.
It is a great time to invest in real estate but you have to know how to get around the obstacles to succeed. Take the next step today.
Learn more about Don at http://www.getrealrei.com/spotlight-on-education/don-derosa.html
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**Just Added - While they last Don has offered to provide FREE attendance to his FIVE day boot camp for the first TEN listeners that purchase his course through Get Real.