Archive for October, 2009

Private Money in Your Circle of Influence

Whether you have credit issues that might hinder your ability to secure more “traditional” financing sources or a particularly hot deal has you in “move-it-or-lose-it” mode (meaning your lender’s wheels move too slowly to take advantage of a given deal), your circle of influence could be the answer to your short-term financing problems.

Who do you know that has money to invest on a can’t-miss project?  More people than you might immediately think.

Just about everyone is at least theoretically interested in getting a great return on their investing dollar.  Millions of people were scared out of the stock market (after they lost their collective shirts).  While some of them are beginning to return, they’re gun-shy about losing more money — and many of them need to earn their money back quickly.

That’s where you come in.

Your real estate investing savvy can help you to locate a motivated seller and a distressed property that can be purchased, fixed, and flipped for maybe 50 cents on the dollar.  You can borrow the cash you need for one of these deals — or pool the cash from several private investors — and return their cash to them within a set time-frame with a great return!

They’ll get a fantastic return on their cash investment that will make them giddy with excitement — and you’ll get cash profits that you can stick in the bank.  Or, while you’re renovating the property, you can go to work securing more permanent financing that will pay back your investors.  When you’re done, you’ll have an income-producing investment property with thousands of dollars in equity.  Hang onto it as the market comes back — and it will increase even further in value.  The appreciation is just the icing on the cake!

So who do you know? 

Think about it.  You’ll be surprised at how many people from within your circle of influence would love to reap the rewards of your real estate investing activities.  A win-win transaction for everyone involved will have you singing all the way to the bank.

Put your thinking cap on — and put private money to work for you today!

Blessings!

Charrissa Cawley

http://www.REIconferences.com

Data Suggests Wholesaling Opportunity Ready to Explode

If you’re a wholesale real estate investor – or have ever given the idea of jumping into this niche market any thought, now is the time to dive in with both feet.  While the number of available properties may be beginning to level off, the economic situation that has in part fueled the wholesale market is only going to worsen for the short term, as job losses mount and more and more Americans find themselves unable to make their monthly mortgage payments.

This means more distressed properties are going to explode onto the market, which will only tend to increase the number of wholesale properties available.  In January, according to Experian, that number will ramp up again as the variable rate interest rates of tens of thousands of Alt-A loans (less than full-doc loans, usually homeowners with good or decent credit) reset, which can cause payments to skyrocket by 40%-60%.  When this happens, the number of foreclosures will ramp up again, which will cause a corresponding rise in foreclosure opportunities.

So if you’ve been sitting on the sidelines kicking around the idea of jumping into the foreclosure niche, now is the time to get in on the action.  If you know more about the inner workings of the health care bill than you do how to buy wholesale properties, now is the time for you to add to your knowledge base so you can immediately start pocketing $10,000 – or more – per deal with almost no risk on your part.

By popular demand, I’m in the process of putting the finishing touches on a special 12 week wholesaling training class that will teach you the ins and outs of how to create astronomical profits for yourself by tapping into this niche market.

The class is coming up later this month – and I’m limiting the number of students who can enroll to keep the class size down to a manageable size.  The bad news is that it’s already partway filled.  There’s a silver lining, though.  If you email Jaime@reiconferences.com you can still grab a slot before it’s too late.  So get ahold of her now – while you still can – and she’ll get all the details to you so you don’t miss this golden opportunity to learn how to get rich in the exploding wholesale market. What you do in the next 12 weeks could very well be the difference between more so-so mediocrity and living the life of abundance and power that you’ve been dreaming of.

Do it now!

Blessings!

Charrissa Cawley

www.REIconferences.com