How to Creatively Finance Your Real Estate Investments and Build Your Personal Fortune: What Smart Investors Need to Know – Explained Simply
Tuesday, 27. April 2010
- ISBN13: 9780910627047
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
For years the traditional way to finance a real estate purchase was with a 5-20 percent down payment. Investing in real estate in this manner was a slow go, but things have changed with the release of this new book. There are now hundreds of different methods for creatively financing your real estate investments. Smart investors know the secrets to using other peoples money to finance their investments and now for the first time you can learn how to buy houses, lots, land, and commercial properties for nothing down and in some cases even receive cash back at the closing. These truly effective techniques are closely guarded secrets that are revealed for the first time. In this new book you will learn: how to negotiate with sellers, proven effective valuation techniques, how to use other people’s money, use other people’s credit, sell it before you buy it or pay for it, create positive cash flow, subject-to deals, over twenty nothing down scenarios, profiting from foreclosures, dealing with over-financed properties, working with judgments and liens, quit claim deeds, discounting mortgages and liens, lease options, wraparound financing and wrap notes, using trusts, self-directed IRAs, 1031 exchanges, create assumable loans, VA loans, options, and futures. The book also includes numerous tables, reference charts, and financial tools that one can use in analyzing and financing your investments while building your personal fortune.
Mariusz Skonieczny Says:
This book provides a pretty good introduction on how to finance real estate using various creative methods. Since it was written before the housing collapse, it assumes a big appetite for real estate. Now that property prices have collapsed, real estate participants are extremely fearful. But since credit is tight, I think that there are very good opportunities going forward, and creative financing can allow you to purchase properties without going the traditional way.
Real estate investing can be a very profitable business because everyone needs a roof over his/her head. The importance of understanding financing cannot be overemphasized. I think that every real estate investor can learn something from this book.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Rating: 5 / 5
A. LaBarge Says:
How to Creatively Finance Your Real Estate Investments and Build Your Personal Fortune: What Smart Investors Need to Know -Explained Simply is a book that does exactly what it purports to do. The author refers to the book as “your reference as you embark on a new way to invest in real estate”. Filled with examples, case studies, ideas, charts, and food for thought, you will find page after page of simple and realistic goals and how to work to achieve them. Written in layman’s terms, this book helps you know exactly where to start to be able to receive the highest possible return on your investments. For instance, you will be taught to be a smart landlord, how to find and work with foreclosures, and where to get your financing. She explains the secrets to good negotiating, how to make loans work for you, and when and how to speculate successfully. For those of you with any desire to better your financial standing via real estate investments, Ms. Smith Alvis is your tutor, your advisor, and your new best friend in your quest to financial success.
Rating: 5 / 5
Harmony Homes Management Corp Says:
This book presents a variety of financing options, but is far too general to be very useful to an investor with much experience. Too heavy on the theoretical and too light on the practical application.
Rating: 2 / 5
Q. E. Brown Says:
At first glance my thoughts were that Susan Smith Alvis had written a book that is great for beginners but for the seasoned real estate investor this booked did not seem to provide any information that is new and enlightening. How wrong I was! I consider myself to be a fairly seasoned real Estate investor and I still learned something new from this book.
“How to Creatively Finance your Real Estate Investments and Build Your Fortune” takes an in depth look into what it takes to start investing in real estate and how to finance your venture. Real estate investing can be a lucrative business but if not taken seriously and understanding exactly what you are getting into can get you into real trouble real fast.
Ms. Alvis does a great job of not only pointing this out, but also gives clear examples of how to find good properties and determine whether or not they will be profitable. Ms. Alvis also makes good use of the industry lingo and explains in great detail what it means and when and where it will be used.
Much of the information in the beginning chapters seemed more relevant to young couples who were just starting out and wanting to buy their first home. But if you hang in there Ms. Alvis does get around to what I believe investors are hoping this book will deliver.
The latter chapters are informative and do get around to giving practical on just what creative financing is and how to go about making it work for you. She explains in clear terms what options are available to investors at all levels and walks you through the pros and cons of each scenario.
I enjoyed reading the break out boxes that gave real life examples of people who have lived through each example that Ms. Avis presents as options for us as readers. Like many investors experiences, Ms. Avis starts out nice and slow but then picks up speed and moves forward with information that is useful to investors at any stage of the game.
Rating: 4 / 5
Lilla Ross Says:
If you wish you had gotten into the real estate boom, “How to Creatively Finance Your Real Estate Investments and Build Your Personal Fortune” by Susan Smith Alvis will help you get ready for the next one. Alvis teaches you how to use professionals – real estate agents and bankers — to find and finance investment properties. How to document the investment, handle volatile markets, approach potential investors, be a landlord and then sell for a profit. The book includes checklists and amortization charts.
Rating: 5 / 5