Learn About Buying Mortgage Cash Flow Notes

January 29th, 2010 by admin No comments »



There are numerous programs that provide tips on how to find and buy cash-flow notes. You are probably wondering how do I get started and take advantage of the profits that can be made in the cash flow note business?

More people are becoming interested in how to buy and profit from mortgage, real estate, private and promissory notes. Also, how to get started in the cash-flow note business. What is real estate cash flow notes? It is referring a real estate mortgage, promissory, or private loan notes to a buyer and earn cash.

Why would a person want to sell their note? Different reasons and circumstances will motivate a seller. For instance, the seller may need a lump sum of cash now and don’t want to wait for the loan to mature. The note holder may have not wanted the note in the first place and the note holder may not know that they can sell the note. These are just a few reasons but each not seller will have their reason for selling.

Here are some tips if you are thinking about getting into the cash flow note business. if you wanted to be a success in any field you would do your research. The you would look for a mentor who is has experience in the note business. This could save you the pitfalls in the cash-flow note business. This would be smart on your part and it could save you time and money. Furthermore, you would need a system that is in place that could train, support and help you succeed in the cash flow note business.

A crucial element for your success in the cash Flow business is the ability to contact the company for answers to your questions. Finally, you would want to know how to get started and what to do first. You would want a system that would take you through the steps that would lead to your success.

By: Laurence H


Learn How to Locate the Owner of an Ugly House and Put $5000 in Your Pocket Within 30 Days

January 29th, 2010 by admin No comments »



As an aspiring re investor you will have to learn how to locate the owners of ugly houses that will put several thousands of dollars in your pocket. This is so critical to your success if you can’t find the owner you can’t buy any houses and you won’t be successful. Many new investors do well until they get to the part where they have to talk with the owners.

You may be wondering how to find the ugly house owners, where to go to find the contact information of the owner, do I ask the neighbors, should I send the owner a letter? How do I find the owners of these houses? The fear of rejection, hesitation and procrastination stops most newbies from contacting the owners. You don’t have to be one of them. I will tell you exactly what to do and what to say to them.

Once you get the address of an ugly house that looks like the idea house to pursue you can get the name and address of the owner several ways. Public records are free and available and the easiest way to get this information. One source is to pull up the county property appraisal district website. The other source is the county tax assessors’ record website. You will find on both sites the property address and also the name and address of the owner. This will provide you with what you need to contact these ugly house owners.

Being that you have to know what to do once you locate the owner of an ugly house there’s more information than what I could cover in this article. In my real estate investment training program I go into detail on what to look for on these websites that will target the most motivated sellers of ugly houses. You need to learn the short cuts vital to you being able to put $3000- $5000 in your pocket within the next 30 days.

By: Darrell Muhammad


Why Lease Options Are Excellent For Real Estate Investing

January 29th, 2010 by admin No comments »



As the real estate market evolves and changes, there are fewer mortgage loans available and fewer people who qualify as the factors for qualification become more stringent. Having less than perfect credit puts, a cramp on the ability to obtain the necessary financing for a traditional home purchase, but that does not mean that fewer people want to settle into a home and become a homeowner. Real estate investors are learning that they can benefit from this situation and make a profit by offering nontraditional means of obtaining a home to those with credit that is not well established or is less than satisfactory to a mortgage lender.

Lease purchase options, or rent to own homes, are a great source of income for the creative real estate investor who wishes to make money while helping those who cannot get into a home with their own credit to realize their dreams of owning a home. Lease purchase options work much like a leasing a vehicle, only on larger terms. It benefits the tenant buyer who cannot obtain a mortgage to purchase the home by offering them the opportunity to build their credit and make the choice to purchase later while also assisting the investor by maintaining an additional source of income for the duration of the lease period.

When a car is leased, there is a nonrefundable deposit paid to the dealership that equals a percentage of the car’s value. This is also done in a lease purchase or rent to own agreement and is referred to as the Nonrefundable Option Payment, securing the tenant buyer’s ability to choose whether or not to purchase the home at the end of the lease contract agreement. As with a vehicle, there is a lease contract signed in which the tenant buyer agrees to make a payment of a certain amount each month for a predetermined length of time, usually 12-24 months. This can be done in a manner that includes payments to be credited toward the purchase of the house or not, depending on how you want to set up the lease.

Finally, at the end of a car lease, the driver has the option to finance the remainder of the “balloon payment” owed on the vehicle in order to purchase it or to turn it back over to the dealership. In real estate, when working with a rent to own or lease option contract, this is referred to as the Option to Purchase contract, in which the tenant is given exclusive rights to purchase the real estate property without you offering it to the highest bidder first without obligating them to purchase when the lease is up.

If the option contract was signed so that the payments made during the lease period were credited toward the purchase of the home, the tenant buyer will need to obtain a mortgage loan equivalent to the remainder of the purchase price originally agreed upon. If there were no rental credits, the tenant buyer will need to obtain the entire purchase amount.

Lease purchase options and rent to own housing are excellent ways for a real estate investor to make a lot of money because there are three different sources of money coming in, all of which add up to a sum greater than the original investment by far. You put little money into the purchase, and in exchange, you receive an up-front payment, monthly installments, and finally a purchase payment equal to an amount greater than you paid.

By: Charles W. Moore