By Tyler G. Hicks
Here is all you want to find out about this man (the author):
On web page 137 he writes a couple of pages approximately how significant a hundred% financing is, whole with a "how to" part. on the finish of this wonderful bankruptcy he even lists abot 70 creditors with addresses, web content and make contact with numbers. BUT...he additionally writes, "None of those creditors - so far as i do know - makes a hundred% loans."
Huh? This ebook, like his others, is stuffed with this moronic foolishness.
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Extra resources for 209 Fast Spare-Time Ways to Build Zero Cash into 7 Figures a Year in Real Estate
We won’t go into the history of mortgages because it will not help you get the loan you seek. But knowing that millions and millions of people have successfully borrowed money on mortgages should make you more certain that you, too, can get the mortgage you seek. And you should try to get your property with zero money down, or as little as possible down—and preferably with none of your own money! REMEMBER: Try to get into every income property with zero cash. Then your potential for rapid growth will be enormous!
Also, if you cannot pay for the property after you buy it, the lender can always repossess it and you will be freed of the burden of having to pay for it. But I do not want you to ever have a property repossessed. If you follow my rules, you will never get into this situation! Taking over your first property involves these five simple steps: 1. Make an offer on the property. If the seller wants cash, offer the asking price for the property but zero cash down. You can also offer to pay a 1⁄2 or 1 percent higher interest rate on the mortgage if the seller is holding (that is, giving) the mortgage and is willing to sell for zero cash down.
Truly, you can borrow your way to real estate riches in residential zero, or very low-cash, properties! ” you ask. • Because more than 5 million families seek a new or different home each year. • Hence, there is an enormous and growing market in residential properties of all kinds. 25 Chapter 2 26 • The home people seek today might be an apartment, a single• family residence, a condo, a co-op, or a furnished apartment. But regardless of what type of home these 5 million+ families are seeking, there are only about 4 million new units built in a typical year!