| |
| |
|
Real Estate Information |
|
|
Real Estate Investing: Beware of Subject To Promises
Another real estate writer's mini course, full of promises and fluff, ended with a "lesson" on why you need to buy his book so you can finance multiple properties "subject to." The reason, he said, "because banks won't let you finance more than ten mortgages." This simply isn't true. First, banks let you finance as many mortgages as you can pay for. Some banks limit the number of loans made to one person. Experienced real estate investors just move on to another lending institution. I know one investor who owns more than one hundred single family homes. All have mortgages. He constantly refinances one rental for the down payment to buy the next. Besides living off the cash flow from his rentals, he also refinances a rental occasionally to take his family on a first-class vacation. Another investor, my friend who owns the carpet company we use for our fixers, owns more than fifty rentals. None were purchased "subject to" the existing loan. Many were purchased "all cash" for quick closings, with mortgages added later. For beginning real estate investors, looking for an owner willing to sell their property "subject to" the existing loan adds a frustrating component to the search for a profitable property. Today's savvy home sellers just won't sell to a buyer who can't cash them out. Of course, some investors offer "subject to" and lease-option purchases. But, properties with most of the equity stripped out come with payments too high for rental income to support. These properties make better candidates for owner-occupant home buyers with poor credit who don't mind paying more for a house. Beware of "subject to" seminars, books, and promotions. This real estate investing method worked last century. Copyright (c) 2005 Jeanette J. Fisher. All Rights Reserved. Jeanette Fisher teaches real estate investing and credit college courses. She became a credit expert to help her real estate students buy their dream home and multiple investment properties. Jeanette is the author of "Credit Help! Get the Credit You Need to Buy Real Estate" and other books. For a free report, "Credit Tips for Mortgage Financing," visit the Real Estate Credit Help Center http://recredithelp.com
MORE RESOURCES: To Stay or to Go? For Older New Yorkers, Either Option Is Fraught. The New York Times Renters Are Conning Their Way Into Luxury Apartments The Wall Street Journal Ryan Serhant on Real Estate Outlook Yahoo Finance Florida Trend Real Estate Florida Trend Supreme Court declines REX-Zillow case, ending lengthy fight RealEstateNews.com 17 transformational real estate projects we're watching this fall The Business Journals Sacramento mayor proposes real estate transfer tax increase to fund housing, homelessness solutions ABC10 Southeast Wisconsin industrial real estate sector has strong third quarter BizTimes - Milwaukee Business News District court rules for PLF’s client, allowing challenge to Nevada’s real estate rules to proceed Pacific Legal Foundation Real estate credit finds its footing as markets recalibrate Private Equity Real Estate | PERE Key Takeaways from the Second Annual North Texas Real Estate Summit Foley & Lardner LLP Part-time real estate investors explain how they used creative financing to scale to 24 units in less than a year businessinsider.com Downtown Sarasota 18-story residential and retail project moves forward Sarasota Herald-Tribune PRESS RELEASE: New law offering consumer protections in real estate wholesaling takes effect Nov. 1 Oklahoma City Free Press Real estate transfers Findlay News | The Courier Southeast Wisconsin retail real estate market declined in third quarter BizTimes - Milwaukee Business News Metro Milwaukee office real estate market showed slight improvement in Q3 BizTimes - Milwaukee Business News Real Estate Transactions, Oct. 20 edition Hopkinton Independent $1.26 billion of real estate sold in September in Kentucky The Paducah Sun State Street Should Be Planned for the Public Good, Not Private Profit The Santa Barbara Independent Selling a haunted house in NJ? You don't have to tell buyers about ghosts unless they ask Bergen Record Real estate target allocations fall for first time in over a decade Private Equity Real Estate | PERE Los Angeles Times’ Commercial Real Estate Magazine Recognizes Jane Hinton as a 2025 Visionary Hunton Andrews Kurth LLP REAL ESTATE | American Construction Services introduces Regal Place in Kewaskum, WI | By Christa Weindorf Washington County Insider 5 data-backed tips for leading your clients through 2025 Inman Real Estate News Special events company has new plans for historic Northborough MA estate. What's next MetroWest Daily News London Real Estate Practice Quarterly Legal Update – Autumn 2025 The National Law Review Monroe County property transfers Oct. 21 The Herald-Times Anticipating the 2026 Self-Storage Real Estate Market Inside Self-Storage Ares Management shifts roles within real estate business Alternatives Watch Sioux City Council will discuss approving a development agreement with Tri-State Real Estate Siouxland Public Media 8-story building with 160 apartments coming to Fall River waterfront. What we know so far Fall River Herald News $1.26 billion of real estate sold in September Kentucky Today News | CIP Real Estate taps three Wall Street banks for $820 million industrial refinancing - CoStar 3 Google Business Profile mistakes you can’t afford to make Inman Real Estate News Zillow pulls Matterport tours from listings, blames CoStar RealEstateNews.com Nate Paul's real estate empire dwindles thanks to sales, new foreclosures The Business Journals Lake Tahoe Real Estate: A Year of Transition, A New Chapter Begins The National Law Review Real Estate Cyber Summit: Your Must-Attend Event on Cybersecurity in the Built Environment FinancialContent House of the week: A three-bedroom former architect’s home in Graduate Hospital for $795,000 Inquirer.com Government Shutdown Update: State of Play Three Weeks In National Association of REALTORS® MUSICK PEELER’S CHET CRAMIN NAMED A 'COMMERCIAL REAL ESTATE VISIONARY' BY LOS ANGELES TIMES The National Law Review Fidelity International closes $412 million real estate and climate fund with backing from Australia’s Rest super Pensions & Investments Columbus County commissioners recess into closed session to consult attorney, discuss economic development and real estate CitizenPortal.ai Why Commute Times Are Increasing in Corpus Christi Texas Real Estate Research Center Downtown office tower trades hands for more than $40M Crain's New York Business Meet Spencer Muratides, a 2025 40 Under 40 honoree The Business Journals East Cobb residential real estate sales, Oct. 6-10, 2025 East Cobb News Howard Hanna expands into Manhattan Buffalo News Safeway-anchored Elk Grove shopping center sold for $19.1 million The Business Journals Berks County real estate transactions for Oct. 19 Reading Eagle Tacoma veterinary hospital property sells to investor for $12.6 million The Business Journals Sunrise Realty Trust, Inc. Commits $25.6 Million to TCG Real Estate's CollectionSuites Development in Florida Quiver Quantitative On the move: 'Prashkovsky Group' begins marketing new office tower in Rehovot - SPARK The Jerusalem Post |
|
|
|
RELATED ARTICLES
How I Became a Real Estate Investor Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. Property Investing Secrets 1 When property investing, pay the seller their asking price but negotiate the terms under which you can buy property. You'd be absolutely surprised when property investing at how many sellers will help fund you into their property. Four Reasons To Offer Seller Financing An example of seller financing: Years ago I bought a rental property, and nine months later sold it for 15% more, without fixing or improving a thing. The easy terms are what sold it. Homebuyer Heaven Can't Possibly Last With interest rates at record lows over the past year, there's really only one way for them to go, the only question is when. Most experts agree that rates will remain fairly stable in the short term, at least until the end of the year, and some believe they will even decrease slightly. Real Estate Investing - Free Vacations While Searching for Real Estate Acquisitions Real estate investing professionals look for all possible tax deductions because of the generous profits derived from real estate investing.For example, real estate investors are concerned whether the sale of their real estate is subject to capital gains taxation or qualifies as ordinary income. High Profit Real Estate Investing--Make a Good Deal Every Time! Knowing what a Good Deal is - Is the Key to Success inReal Estate.Dear Investor,Take this little survey: The most important key to Real Estate Success is:1. Property for Sale in Piemonte Italy is Attracting British Interest The Region has four distinct seasons but in general possesses a Mediterranean feel strongly influenced by the proximity of the Mediterranean Sea. Winters are short and cold (the snow and mountains providing spectacular scenery for the region's ski resorts). How to Get Started in the Real Estate Game Fixing and Flipping Houses If you're looking to get started investing in real estate by fixing and flipping houses, you'll want to know what to type of property to buy. Many real estate investors make millions turning ugly houses into dollhouses. What are the Top 11.5 Criteria for Selecting an Orlando Investment Property 1. Make sure units are larger than 1800 square feet. Flat Fee MLS Listings - Is This The Future Of Real Estate Realtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market. How To Simplify Your Real Estate Buying/Selling Experience Today's real estate consumer has a lot to consider during the sale or purchase of a home. Be it waiting for the right buyer/seller, mortgage rates, or the moving truck, the experience can take a bit of patience on the part of the consumer. Important Facts For Home Buyers If you are considering buying a home or have spent many years saving in preparation of buying a home, the questions and process involved in buying a home can be extremely stressful. As exciting as it is to begin looking for your new home, there are many unexpected costs and details to be considered before contacting a real estate agent. 3 of the 5 Ways Real Estate Can Take Advantage of Blogs and RSS Earlier this month, Realtor Magazine announced that they would be featuring an article about Tampa Bay Realtor John Mudd and the success he has been having in attracting prospects and media attention with his blog on real estate. Since then, many others in the Real Estate market have been curious about how to implement similar strategies to capture leads in their areas. Writing on the Wall - Are REITs a Better Investment for You? When I was a young child I had many annoying tendencies. My mother explained to me that the most annoying was my need to write on the walls of every room. Real Estate Investing - So You Want to be a Landlord! Is landlording the way to go if you are starting into real estate investing today?Receiving cash flow from rental residuals is an exciting idea. If the rental housing is congregated in large apartments within a focused area, the costs of management and maintenance are more economical. Are You Profiting From O.P.P.? Are you profiting from O.P. Fixer Uppers: Dont Make This Mistake Making money with "fixer-uppers" isn't about repairing drywall or planting flowers. It's about using the right approach from the start. Hiring A Contractor - 10 Mistakes To Avoid A very smart attorney I know paid $7,000 for a roof repair, only to have the roof leak the next time it rained. The contractor stalled, made excuses, but never did a thing about it. Buying an Unfinished Home Maybe Your Answer For the first time "want-to-be" homeowner, purchasing an unfinished new home maybe just the answer. With mortgage interest rates still at record lows, there has not been a better time to purchase a home in decades. How to Afford Your Dream Home Is it your dream to one day own a holiday home in the sun; a beautiful house where you can escape, relax and be free of the worries that seem to go hand in hand with every day life?Well, you're not alone!A recent survey by a well known mortgage lender in the UK revealed that up to one in three Britons not only dream about owning a home in the sun but fully intend to make that dream a reality some day. And in the US the number of Americans planning to one day buy that ideal second home haven is now up to three in ten people.
|
| home | site map |
| © 2006 TIGER MEDIA |