Be a Real Estate Millionaire

Page 35

How do we do this?

Thanks again.

I started a Investor and Bird-dog network here yesterday! It's designed to have investors new and seasoned to share ideas, knowledge and properties with one another. All you have to do is go to the fourm "My deals" and look for "Network for Investors and bird-dogs" leave a comment stipulating what type of deals you're looking for, deals you're trying to flip, Questions and answers etc. This will make it simple and easy for everyone to network and make deals happen!

I would love to see some people post their NMD strategies. 103% or 107% bank financing (even for OO) does NOT seem possible anymore.

Here are a couple of ideas I have:

Private Lenders
Owner financing
Hard Money

I have a couple of questions about this graph. Maybe DGAdmin can answer.

It looks like this graph is not a true represenatation of any market for RE prices but just a general "overview" of what RE prices tend to do.

Is this correct?

If it does represent an actual market (say, US home prices) I would love to have the source (online if possible) so I could reference it in the future.

Also, does anyone know what the vertical axis represents? I am assuming its not dollars but some "index" into real estate prices.

Thanks and Happy Investing,

Mark

In Dean's Book, Be a Real Estate Millionaire, I have a few questions. I was preapproved for a home for $130,000 (low I know, but I have an excellent credit score, over 730, just a high loan for a car) and a first time home buyer, no contingencies. What do you recommend is the best for me to look for or lending? I don't mind fixing a home either, so foreclosure or preforeclosure would be good too. How do you finance another home (after first home) would be considered an investment...right?

Can anyone tell me how I can determine "What has been the trend of the Federal Reserve policy towards interest rates?"
This was the last point on this page for us to identify for chapter 3, Identifying National and Regional Factors.
I would greatly appreciate any help as I have not been able to get a response from Dean's contact number.
Thanks!
Deb

I RECENTLY PURCHASED THE BE A MILLIONAIRE BOOK.WITH IT I GOT A FREE WEBSITE. I CALLED AND HAD THE SITE ACTIVATED. THE INFORMATION SENT TO MY EMAIL ABOUT THE SITE ALLOWS ME TO LOG ON TO THIS SITE THROUGH MY EMAIL USING THE ASSIGNED PASSWORD, BUT WHEN I JUST TRY TO LOG ON TO THIS SITE AND USE MY PASSWORD IT WON'T ALLOW ME TO DO SO BECAUSE IT SAYS MY PASSWORD IS INVALID.CAN POTENTIAL CLIENTS LOG ON TO MY SITE TO POST THEIR INFORMATION?

I bought deans program. I've gone through and read all the material and it enlightend me greatly. I'm planning on calling to see if i can get some assistance on my first few deals with deans real estate experts. However i was wondering how the real estate expert/guides work. Is anyone using deans expert or guides now and if so does it work. Should i join?

I was reading the part of the book about putting yourself financially in order. I am currently working on that by paying all of my loans and debts off. I have a question for anyone that can help. Dean says that two to four credit cards are ideal...I have 7! I am working on paying them off, but I wanted to cancel some of them when it's all said and done. I have heard that it doesn't look good on your report to cancel accounts, but I want to weed out the cards with the horrible interest rates. Any suggestions? Thanks in advance,
Melissa

How does one go about wording a written offer for a lease-option? What suggestions does anyone have for finding other investors with access to cash? I have tried the suggestions in Dean's book but no luck so far. Thanks for any suggestions or help.