Misc News

Private pre-auction event

I just received an invitation from DG to attend a private pre auction sales event in my area. Has anyone been to one of these? What should I expect? Do I have to do anything to prepare for this event?

RBBP MENTOR?????

I went to the RBBP website and there are only 3 mentors left? what happened to the rest? do i have to pick someone to lock up a spot so i am guaranteed a mentor?? i am a little confused and i do not want to miss out on the most important part!!! please help! I want Carol Stinson and she is still on the site but do i need to actually "save a spot" or just tune in when her scheduled phone call is happening?

Rock Bottom or Success Academy?????????????

so, what course should I do? If I want to learn this stuff hands on, what is better? The rock bottom blueprint or the success academy? how much is the success academy? that might make my decision easier! LOL I really need to pick one so please help! this is a lot of money for me to spend so i need to make an informed decsion and I figured the DG Family would be helpful! Thanks

Real Estate Agent

I just got the phone with a agent and he said he works with other Investors so that sounds great. But at the end he asked If i can show proof of Funds If anyone ask. I didnt know what to say to that. If he finds out that Im doing all of this with no money down He might get mad,Should I have just told him that I will be working with no money down.

Rock Bottom Blueprint

I have a quick question Before I buy The system. I watched all 4 videos but i did not get a lot of info on how much one on one mentoring we get with the system. is it really one on one, like phone calls and see each other in person, hands on mentoring? or is it just a template from a particualr mentor to read from? Please let me know because I will buy it right now if it is a hands on memtor!!! thanks!

Credit Report

Late payments, missed payments, of debts that you never bothered to pay tarnish your credit report and squelch a lender’s desire to offer you mortgage loan. If you’ve been turned down for a loan because of your less than stellar credit history, request a free copy of your credit report from the lender that turned you down.
Getting a report before you even apply for a loan is advisable and no longer costs you any money. Once a year, you’re entitled to obtain a free copy of your credit report from each of the three credit bureaus. The contact information for the credit bureaus is
Equifax: 800-685-1111 www.equifax.com
Experian: 888-397-3742 www.experian.com
Transunion: 800-916-8800 www.transunion.com

Seller-Finance

Not every seller needs or even wants to receive all cash as payment for his property, so you may be able to finance part or even all of an investment property purchase thanks to the property seller’s financing.
Seller financing is a transaction in which the seller accepts anything less than all cash at closing. One form of an all-cash transaction to the seller is the buyer literally paying all cash, but typically it’s a transaction in which the buyer uses a conventional loan (money to purchase the property from a lender other than the seller) so that the seller effectively receives all cash at closing.

Real Estate Auctions

Real estate auctions, in which companies claim to be selling prime real estate at below-market prices, have become one of the most popular ways for builders and investors to market their excessive inventory of properties in some areas. Don’t confuse these auctions with the foreclosure sales that are referee to as auctions in some regions. We’re talking about public auctions where antiques or collectibles may also be sold on the same afternoon. In strong real estate markets,
Even new home builders have turned to private auctions to sell their new homes in an attempt to generate interest and excitement in areas where demand is low.

PROBATE SALES

Even more reliable than taxes, death creates opportunities for the purchase of good real estate at attractive prices. Every day someone in your area dies and leaves behind real estate that his heirs may not have any desire to retain. These properties are sold in probate sales by executors of the estate with the assistance of probate attorneys (or by the public administrator if the owner dies without a trust or will. Know the laws and rules regarding probate sales in your area, because waiting periods and even court confirmation may be required before the sale is finalized. Also, these sales are often subject to overbids. A potential buyer can use the overbid process to appeal directly to the court.

LEASE OPTION

Lease option is an excellent way to control and eventually purchase a property without the significant cash investment in a down payment. A lease option is essentially two different types of contracts combined into a single agreement. You have a lease (rental agreement). Which has all of the usual terms, but the tenant also has the unilateral rights to buy the property under certain terms and conditions in the future.

Syndicate content