|
Use Leverage
One of the most important factors in determining
a solid investment is the amount of equity you
are purchasing. Equity is the difference
between the actual worth of the property and
the balanced owed on the mortgage. There are
some cases, where you can buy a 3 or 4 family
house with as little as 5% down, and that is
excellent use of leverage!! However, most 6
family homes or above, will typically require
20% down or more of the negotiated sales price.
The key to real estate investing is to not fall
in love with the property, and treat it like a
business. You are not falling in love with
a mutual fund or bonds, so your perspective
needs to be the same when dealing with
investment properties. You may
initially be nervous so please read some great
resources for investing via these web sites:
http://www.reiclub.com/ as well as
http://www.legalwiz.com/ and other sites
like:
http://www.creonline.com/.
Benefit from Growing Equity
While investing in real estate is relatively
complex, it is often worth
the extra work. When compared to other financial
investments, like
bonds or CD's, the return on investment for real
estate purchases can
often be greater.
The key to real estate investing is equity.
Determine an amount of
equity that you want to achieve. When you reach
your goal, it's time to
sell or refinance.
Your
perspective in buying an investment property is
to buy it with enough built in equity up front.
Remember, at the sale, is when you harvest
your equity, but it's during the purchase,
if negotiated correctly, is when you acquire the
equity. Your purchase should be based on
cash flow, and some up front equity.
Determining the proper amount
of equity may require
the assistance of a real estate professional.
Thanks for visiting! Let me know if
I can help
you.
|
|
I will . . . |
|
> |
Work at no cost to you!
|
|
> |
Provide detailed listing
information not
available to the general
public. |
|
> |
Negotiate the deal to
save you money. |
|
> |
Guide you through the
avalanche of paperwork. |
|
> |
Commit my time and
energy to finding you
the property that has
positive cash flow. |
|
|
Your decision to buy an investment property is
both a sound financial decision and a
commendable achievement. As your real estate
agent . . .
-
I will
help you define your "wish list" of features
you want in your investment home, your
neighborhood and your
school district. That
which is attractive to your tenants will
keep you the
landlord, never vacant.
-
I
will
walk you through the mind-boggling financial
details associated with buying a home,
including understanding the various
mortgages and home buying programs available
to you. I will walk you through some
special programs that are specific to
investors only. It is difficult in
today’s market economics to buy investment
property that have positive before tax cash
flow. I will work very hard to help
you locate properties with positive cash
flow. This will take time and looking
at many properties.
-
I will
monitor all
new listings and alert you to
new houses as soon as they are put on the
market. Any serious investor will want
to see the numbers first, and then visit the
properties in question. I will only show
you properties that have upside potential
to limit visiting hundreds of properties
unnecessarily.
-
I will help you negotiate with sellers in a
“win-win” situation for both you and the
seller.
-
I will
eliminate the stress involved with buying a
home or mixed use property by putting my
years of real estate experience to work for
you.
Finding the perfect home is my business.
Contact me today!
|
