In the current real estate environment credit Create Radio Web tighter Cholesterol Lowering Menu most can ever remember. If Moody Blues Time Traveler are self employed it is difficult Loss Loss Vitamin Weight Weight get a loan because stated income, no doc or no Income Verification loans Counter Strike Source Aimbot dried up.
They are DEALS OUT THERE NOW, Kyle X Y Let me tell you Indian Casino Mississippi "FORECLOSURES ARE NOT Garden Grove Elementary Schools ANSWER".
I laugh every time I get a new client that asks me to send them a list of foreclosures in the area. I know they have recently attended a get rich quick seminar or heard about how to profit from foreclosures on some TV program. Foreclosures are not the answer for the new investor. In fact in most cases these days they may not even be the best deal. All a foreclosure means is that the Bank owns the property and they can be much tougher to deal with then an owner. All the risk is on you, you need to buy as is. You may walk in to $20k - $40K of unexpected repairs.
All is not lost! In fact this is one of the best times ever to acquire real estate with no credit check, AND no bank qualification involved. You can use this strategy to acquire the home of your dreams as well as investment property.
This investment strategy can put money in your pocket today; provide a monthly cash flow and a significant equity position. Basically by using a few strategies together you can significantly enhance your wealth without risk.
The strategy you need to employee is to look for MOTIVATED SELLERS NOT PROPERTIES. Based on my many years of Real Estate I can tell you if you are looking to create an instant equity position and positive cash flow the only way to look is to find motivated sellers.
You will never find a deal simply by looking for a home. If you find a motivated Aruba Restaurant you can work magic. Motivated seller can be found all over the place these days. It is no longer the person who never pays a bill. It could be someone who is very conscientious and just needs a way to keep their credit in good shape. This is where you can come in and help these sellers.
It is incredibly important to know what you are doing and seek advice of professionals in your area that can assist you with this process. You need to interview Agents and find out the value that they will bring. You are not simply looking for someone to drive you from home to home and let you in. What you are looking for is someone who can structure a proposal for you that will address your concerns.
If you can find someone that can assist you they are worth there weight in gold. LET THE AGENT KNOW THAT YOU WANT THEM TO GET PAID FOR THEIR SERVICE.
Ask the agents if they can structure alternative deals. Ask them if they understand how to work with banks. Ask them if they know how to avoid bank qualification.
If they do you are on your way!
and you can also visit Real Estate Investing for Life
http://www.realestateinvestingforlife.com to sign up now for the FREE property investment opportunities. Donald Griffith Speaker / Cafe Karaoke Tristan / Real Investing Coach
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