Dearborn Financing Secrets of a Millionaire Real Estate Investor 2003 2 doc

... 98 2 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR Understanding the Time Value of Money In order to understand real estate financing, it is important that you understand the time value ... 8 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR Appraisals on income properties are done in a variety of ways, one of which is the “incom...

Ngày tải lên: 20/06/2014, 19:20

... 16 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR In addition, the county, city, and/or state may assess a transfer tax based on either the value of the property or the mortgage amount. ... is a desirable ☛ 12 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR pay. You also give the lender ( not get ) a mortgage as security for repay-...

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... a high LTV and/or negative cash flow on the property and housing prices fall, you are in for a world of financial hurt. 58 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR basically a ... negotiated purchase price that is 10 percent to 20 percent below market value 62 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR Key Points • Lend...

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... is just 22 years. If the wraparound loan is amortized over 30 years, the seller has a very bright future at the end! 130 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR Wraparound versus ... spread and a hot housing market and your ability to make a profit grows exponentially. The Basics of Wraparound Financing In its most basic form, a “wraparound” mo...

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... loan within 5 days of sale Alaska Deed of Trust Power of Sale None Borrower can reinstate loan up to date of sale so long as a notice of defaulted has not been filed more than 2x in the past ... past Arizona Mortgage Judicial None Arkansas Deed of Trust Power of Sale Within one year California Deed of Trust Power of Sale None Colorado Deed of Trust Power of Sale...

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... SAMPLE FORMS 161 158 APPENDIX C SAMPLE FORMS 175 SAMPLE FORMS 165 SAMPLE FORMS 163 1 72 APPENDIX C 176 APPENDIX C 1 62 APPENDIX C 164 APPENDIX C 170 APPENDIX C 160 APPENDIX C SAMPLE FORMS 159 174 APPENDIX ... C 160 APPENDIX C SAMPLE FORMS 159 174 APPENDIX C SAMPLE FORMS 169 168 APPENDIX C SAMPLE FORMS 167 SAMPLE FORMS 173 SAMPLE FORMS 171 SAMPLE FORMS 177 178 APPENDIX C

Ngày tải lên: 20/06/2014, 19:20

... nonconventional, 25 28 government loan programs, 28 –31 institutional lenders, 21 22 loan servicing, 23 , 24 loan-to-value ratio, 27 nonconforming loans, 28 primary vs. secondary, 22 23 private ... for a portion of the rent to be 186 GLOSSARY unsecured loan A loan without collateral. A credit card is an example of a loan without collateral. Also known as a “sig...

Ngày tải lên: 20/06/2014, 19:20

... SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR In addition, the county, city, and/or state may assess a transfer tax based on either the value of the property or the mortgage amount. A deed or ... limits often change ) . The nation’s larger portfolio lenders include World Savings and Washington Mutual. 24 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVEST...

Ngày tải lên: 21/06/2014, 07:20

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Ngày tải lên: 21/06/2014, 07:20

... MILLIONAIRE REAL ESTATE INVESTOR age real estate is an effective alternative to bank financing when future real estate values are uncertain. The Sandwich Lease Option The sandwich lease option is an old ... be a shared equity mortgage. A shared equity mortgage has a payoff that is based on a formula that relates to the increase in value of the property. Shared...

Ngày tải lên: 21/06/2014, 07:20