Posts Tagged ‘how to make big checks in real estate’

Richard Roop

December 22, 2007



Richard Roop Real Estate Investing

Richard is one of the rare real estate marketers that actually gives you solid up to date techniques for buying houses. I found this article that Richard wrote

 

As a real estate entrepreneur, you get paid for solving problems. And the more problems you solve (or more value you create) for buyers and sellers, the more profits you can generate.

So when you’re experiencing a real estate market climate that’s causing big challenges for a lot people, it just means you are looking at an opportunity to make an incredible fortune investing in real estate.

To read the rest of the story Click here . Richard Roop and Dan Doran have teamed up to bring us some of the most exciting real estate training in my time. Below are some of the things that I’ve learned from Richard Roop.

  • If you need cash for buying and getting a house occupied, you can borrow against the equity (without bank qualifying) using hard money loans or private investors.

  • Not only can you raise cash for a down payment, repairs or remodeling, paying off liens, marketing expenses and holding costs BUT you can also pull out some EXTRA cash on the day you buy.

  • Contrary to what a lot of investors may think, sellers with free and clear houses in many cases do not need any of their equity in cash now. If they did, they would have pulled it out sooner.

  • Sellers with high equity tend to be older and many times like the idea of receiving a monthly cash flow. This allows you to buy in installments, paying the seller off with the income from the property.

  • A lot free and clear houses are non-owner occupied and the seller might be facing a big tax bill if they received all their money at once. You can help them defer or stretch out their tax bite by having them finance your purchase.

  • You will find landlords with multiple properties who want to eliminate all their management hassles and sell all of them to you.

To learn more about Richard Roop click here.

To get some free stuff from Richard Roop Click here.