Dearborn Financing Secrets of a Millionaire Real Estate Investor 2003 4 pptx

... and Clear” 5 How Financing Affects the Real Estate Market 6 How Financing Affects Particular Transactions 7 How Real Estate Investors Use Financing 8 When Is Cash Better Than Financing? 9 What ... How Financing Affects the Real Estate Market Because financing plays a large part in real estate sales, it also af- fects values; the higher the interest rate, the lar...

Ngày tải lên: 20/06/2014, 19:20

... fund. And, in many cases, loan approval is often given with conditions attached that must be satisfied before closing. 24 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR bankers ( also ... 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...

Ngày tải lên: 20/06/2014, 19:20

... 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 • Lenders...

Ngày tải lên: 20/06/2014, 19:20

... your cash. You can also take advan- tage of favorable interest rates because an owner-occupied loan is likely to have a lower interest rate than if you originated an investor loan. You can also ... types of loans are known as “qualifying assumables.” Assuming these loans generally require the same credit and qualification as a new loan, but you avoid the fees associated with a new...

Ngày tải lên: 20/06/2014, 19:20

... 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...

Ngày tải lên: 20/06/2014, 19:20

... SAMPLE FORMS 161 158 APPENDIX C SAMPLE FORMS 175 SAMPLE FORMS 165 SAMPLE FORMS 163 172 APPENDIX C 176 APPENDIX C 162 APPENDIX C 1 64 APPENDIX C 170 APPENDIX C 160 APPENDIX C SAMPLE FORMS 159 1 74 APPENDIX ... C 170 APPENDIX C 160 APPENDIX C SAMPLE FORMS 159 1 74 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

... 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 “signature” loan. VA loan A ... seller makes a guarantee or warranty that title is marketable and will defend all claims against it. wraparound mortgage A mortgage that is subordinate to and incorporates the...

Ngày tải lên: 20/06/2014, 19:20

... over ( known as “funding” a loan ) . Note that many lend- ers will give “preapproval” of a loan. Preapproval is really a half-baked commitment. Until a loan is approved in writing, the bank has no legal ... 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...

Ngày tải lên: 21/06/2014, 07:20

... subordination and substitution of collateral are two powerful tools to make you more money in real estate. 76 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR • Copies of recent bank statements, ... Funding. Call Fred 555-11 34. 74 FINANCING SECRETS OF A MILLIONAIRE REAL ESTATE INVESTOR Some loans are called “no ratio” loans, in that you don’t...

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