In my last blog post I talked about 2 ways that a newbie real estate investor could get financing. One of those ways was by having 50 – 50 [...]
Continue reading...16. May 2010
One question I get asked all the time is “Scott, if I’m just getting started in real estate, How do I get financing?” That’s a really good question, especially now given the difficulty in borrowing money from banks and mortgage companies. In this article I’m going to give you my two top [...]
Continue reading...28. February 2010
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% [...]
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17. May 2010
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