We recently had a speaker in Oklahoma City who came to talk about how to borrow money from private lenders. That speaker shall remain nameless in this article. He presented some excellent information on how to get private money from friends, family, and associates. And he told us how he had gotten [...]
Continue reading...30. January 2010
I had a really great question come in from yesterday's blog post, "The 2nd Smartest Investment I Ever Made". The question comes from someone who currently has a regular IRA with $25,000 in the account.
Continue reading...29. January 2010
The SMARTEST investment I’ve ever made has been the education investment into myself. That’s not the topic of this article. The 2nd smartest investment I’ve made has been using a ROTH self-directed IRA to get into the lending business. It was acutally a big mistake…at the time, I thought I was going to end up [...]
Continue reading...9. January 2010
Part 1: The Three Keys to Every Profitable No-Money Down Deal Part 2: If You Can’t Get Your Money Back in 6 to 12 Months, Why Do the Deal? There are some sellers that you need [...]
Continue reading...5. January 2010
This is the second article in a series about no money down deals. Something that is implied by the term “investor” is that you use money to make money. The problem with this approach in real estate investing is that most people I know have finite amounts of money. Hello! If you put a 20% [...]
Continue reading...5. January 2010
My first exposure to real estate investing came almost 15 years ago from a “No Money Down” course. At the time, I thought it was the best thing since sliced bread. The most important thing that course did for me was to open my mind to the possibilities of what real estate could do for [...]
Continue reading...24. December 2009
Question: “I have a seller with a property that has a mortgage. I don’t have a way to borrow money to buy the house. Can I just take over the payments on owner’s mortgage?” Answer: “The answer is maybe. The most important thing is whether or not the seller is [...]
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28. February 2010
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