www.wendypatton.com Wendy Patton’s business partner, Justin Ryan, talks about real estate investing – getting lease option seller leads over the phone. He shares a couple of techniques that help you to know WHEN to answer and HOW to answer. Your marketing won’t do you any good if rent to own sellers don’t find you available and approachable. http
www.mustknowinvesting.com Your local county website is a great resource to use as a real estate investor. In this short video, I show you the Charleston, SC county website and some of the information you can easily find to help you research seller leads.
www.wendypatton.com Wendy Patton’s students practice role playing as investors speaking to real estate agents about lease options and how it benefits their clients and how it benefits them. The role playing exercises are part of Wendy Patton’s Lease Option Training Boot Camp. To learn more go to www.wendypatton.com
Come to this FREE, informative workshop to learn the strategies of how to buy and profit from apartment buildings. Anthony will show you how to buy buildings of up to 100 units or more that you can fix and flip for hundreds of thousands of dollars or keep them and generate tens or hundreds of thousands in passive income each year
Mike Butler invites all Baltimore and Washington, DC real estate investors to MAREIA’s 10th anniversary FREE meeting on November 16, 2011.
MAREIA Rehab Tour participants get inside a house and are shown how a contractor estimates repair costs. Join MAREIA on the next Rehab Bus Tour by going to www.MAREIA.com
A look at the back of Crestbrook, Eeeek.
Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on the pros and cons of owner financing/seller owner financing… Definition: Owner financing is a loan where the seller in a transaction offers the buyer a loan rather than the buyer obtaining one from a bank. It is also called seller financing. Usually the buyer will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate, until the loan is fully repaid or until a new loan in put into place to retire the seller loan. Seller financing is an alternative worth considering when: – The buyer has no cash for a down payment sufficient to qualify for conventional financing – The buyer is simply unqualified for conventional financing – The property is one that conventional lenders will not finance – The property has simply been on the market too long with little buyer activity Owner Financing PROS – Terms of deal are flexible and negotiable – Higher sales price – the seller may be in a position to command full list price or higher – Tax breaks – reporting only the income received in each calendar year – Monthly income – payments from a buyer increase the seller’s monthly cash flow – Favorable Returns – Higher interest rate – owner financing can carry a higher rate of interest compared to other investment types – Shorter listing term – Offering owner …
