Are you having difficulties getting a bank to issue you a loan for a Real Estate Investment (even if it is your own home)? Does having to come up with excessive Bank loan requirements got you down? Times are tough for anyone wanting to get a loan from the bank since the credit melt down. But hope is on the horizon. And Hope comes in the form of a a new and different strategy. You MUST adjust your strategy if you want to survive in this economy. But if you do adjust your strategy you may not only find that you survive but but it may lead you to rewards beyond your expectations.
All real estate entrepreneurs, whether they know it or not, employ one or more basic money making strategies. A strategy answers the following fundamental business questions: – Who will you market to and how? – How will you buy from them? – How will you fund the transaction? – How will you sell or occupy the property? These are the four critical results areas that you must be an expert at 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?
Ugly Houses (buy, repair and resell or lease) Assuming Mortgages using the Subject to Method (and often selling with Lease Options) Selling at discounts to other investors (Wholesaling) And most recent Bank owned Properties, and Short Sales
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 Loans are still around but they are for sure handouts. You will need to meet ratios now. Plus you are dealing with Increased Lender Requirements. Now you need full documentation and must meet stringent income and debt ratios. Even Bank Loans to Investors (Investor Loans) are all but gone. And if you find a bank willing to give one of these, they are prohibitively expensive. Sp what should we as investors do? Its time to adopt a new, better and more timely strategy.
- One invented and custom fit just for this credit collapse. – A No banks involved strategy. – A Investment Method that requires you to work less and make more profits buying and selling real estate (without banks). (Freeandclearcashflowmachine dot com ) This Briliant strategy created by Master Investor Richard Roop has been proven in over 107 different markets all over the country. And her is the secret. Right now, In this Credit Crunch and market Meltdown the best way to a successful Real Estate business in the houses area is to target houses with high equity (almost paid off) or Free and clear Houses (or land). With this Strategy you offer the seller what they are asking for (or close to it) but you demand your terms, which includes Seller Financing. They get what they desire and you accomplish to buy the property with seller financing, where the seller becomes the bank. And then as your exit strategy you now can either sell the house on a wrap, do a lease with an option to buy or just rent it our for ongoing cash flow. And the absolute beauty here is that the way Richard teaches you to design this, you are able to extract substantial tax-free cash out the day you close on the property (when you buy). That’s correct, you don’t even need to get rid of the property to get your payday. And the best, All the problems with banks are history, because there are no banks allowed! How wonderful 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.
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