Make a fortune in real estate - without using your own money! In this practical, step-by-step guide, one of the most trusted names in real estate shows first-time investors how to use no-money-down financing to build long-term wealth. Real estate is the most consistently profitable investment vehicle in the world. With patience and a smart investment strategy, anyone can make a killing. But how do you come up with the cash to get started? You don't! This book shows you how to find great deals on properties and finance them with little - or even none - of your own money. With Robert Irwin's proven, commonsense approach to real estate investing, you'll locate and purchase moneymaking single-family homes, duplexes, and even larger rental properties - and put yourself on the path to a prosperous future. Plus there's more: Lower your transaction costs; Avoid the trap of negative cash flow; Use tax laws to your advantage; Finance renovations to increase the value of your property; Become a successful landlord; Negotiate the purchase agreement; and Up-to-date information on no-cash-down loan programs.
Les mer
A guide to use no-money-down financing to build long-term wealth. It shows how to find deals on properties and finance them with little - or even none - of your own money. It tells on how lower transaction costs; avoid the trap of negative cash flow; use tax laws to your advantage; and finance renovations to increase the value of your property.
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1. Acquiring Real Estate Wealth 12. Creating Your Own Road Map to Financial Freedom 173. Little to No Cash Down Payment Financing 234. Get Others to Lend You the Money to Buy 375. The Big Surprise—Transaction Costs 496. The Big Trap—Negative Cash Flow 617. Finding Good Rentals 738. Flip Quickly or Hold Long Term? 859. Acquiring Rentals 9910. The Keys to Being a Successful Landlord 11511. Tricks of the Purchase Agreement 13312. Working the Tax Laws to Your Advantage 147Conclusion Working for Yourself 161Appendix 1 Solving Credit Problems 167Appendix 2 Selling Short 187Appendix 3 Little to No Cash Down Federal Loan Programs 193Appendix 4 Mortgage Priority in Foreclosure 205Index 207
Les mer
Make a fortune in real estate--without using your own money! In this practical, step-by-step guide, one of the most trusted names in real estate shows first-time investors how to use no-money-down financing to build long-term wealth. Real estate is the most consistently profitable investment vehicle in the world. With patience and a smart investment strategy, anyone can make a killing. But how do you come up with the cash to get started? You don't! This book shows you how to find great deals on properties and finance them with little--or even none--of your own money. With Robert Irwin's proven, commonsense approach to real estate investing, you'll locate and purchase moneymaking single-family homes, duplexes, and even larger rental properties--and put yourself on the path to a prosperous future. Plus there's more: Lower your transaction costs Avoid the trap of negative cash flow Use tax laws to your advantage Finance renovations to increase the value of your property Become a successful landlord Negotiate the purchase agreement Up-to-date information on no-cash-down loan programs
Les mer

Produktdetaljer

ISBN
9780071439992
Publisert
2004-08-16
Utgiver
Vendor
McGraw-Hill Professional
Vekt
307 gr
Høyde
226 mm
Bredde
150 mm
Dybde
15 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
216

Forfatter

Om bidragsyterne

Robert Irwin has built homes from the ground up as well as completed dozens of major renovation and remodeling projects. He is best known as a real estate broker and the author of the best-selling Tips & Traps real estate series. He serves as a consultant to lenders, investors, and brokers. With over 50 books, including Buying a Home on the Internet and The Pocket Guide for Home Buyers, Irwin is recognized as one of the most knowledgeable writers in the real estate field today.