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Financing Secrets of a Millionaire Real Estate Investor, Revised Edition
 
 
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Financing Secrets of a Millionaire Real Estate Investor, Revised Edition [Paperback]

William Bronchick (Author), Gary Licata (Author)
3.9 out of 5 stars  See all reviews (14 customer reviews)


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Book Description

May 1, 2007
With news about the real estate market continuing to dominate the headlines, investors need thorough, up-to-date advice like never before. William Bronchick, expert real estate investor and bestselling author of Flipping Properties, provides just that in the completely updated second edition of Financing Secrets of a Millionaire Real Estate Investor. Both novice and experienced real estate investors will find everything they need to know to finance their real estate deals, including sample forms, letters, policies, and procedures.


Editorial Reviews

Review

PRAISE FOR THE FIRST EDITION:
 
“19 bucks well spent”— USA Today
“9 on a scale of 10”— Chicago Tribune
“Many kinds of financing that real estate investors can use.”— Detroit Free Press

About the Author

William Bronchick, Esq., is a nationally known attorney, author, entrepreneur, and speaker. He has spoken to tens of thousands of people at seminars and conventions nationwide, including the “Get Motivated” Tour and the Learning Annex Real Estate Expo. Bronchick has been featured in countless media outlets, including CNBC’s Power Lunch, Investor’s Business Daily, USA Today, XM Satellite Radio, the Los Angeles Times, and has served as the President of the Colorado Association of Real Estate Investors since 1994.

Product Details

  • Paperback: 224 pages
  • Publisher: Kaplan Publishing; Rev Upd edition (May 1, 2007)
  • Language: English
  • ISBN-10: 1427754624
  • ISBN-13: 978-1427754622
  • Product Dimensions: 8.9 x 7.1 x 0.7 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (14 customer reviews)
  • Amazon Best Sellers Rank: #595,915 in Books (See Top 100 in Books)

More About the Author

William Bronchick is an attorney and best-selling real estate author with 20 years experience. He is the president and chairman of the College of American Real Estate Investors and host of "The Real Estate Expert" radio show in Denver and Houston.

 

Customer Reviews

14 Reviews
5 star:
 (7)
4 star:
 (2)
3 star:
 (2)
2 star:
 (2)
1 star:
 (1)
 
 
 
 
 
Average Customer Review
3.9 out of 5 stars (14 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

56 of 58 people found the following review helpful:
5.0 out of 5 stars Two thumbs way up!, March 26, 2003
By A Customer
This book had so many good finaning ideas, I read it three times! Whether you are buying as an investor or a homeowner, this book will show you real-life formulas for buying with little or no money. This is the first book that explains real estate financing in a way for the lay person to understand. The author, an attorney, has a real knack for making "legal jargon" understandable.

I would recommend this book to ANYONE who is either buying a home or investment property.

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66 of 70 people found the following review helpful:
5.0 out of 5 stars Bronchick makes a complex subject easy to understand, June 15, 2003
By 
Delta II "Delta II" (Woodland Park, CO United States) - See all my reviews
Well, Bill Bronchick has done it again. Following his excellent resource Flipping Properties, he's taken the complex subject of creative real estate financing and broken it down into it's component parts and explained each one clearly and concisely in simple language anyone can understand. In the section What to Expect from this Book he says, "This book will show you how to finance properties with as little cash as possible, while maintaining minimum risk and maximum profit." And he does.

Covering such subjects as loans, mortgages, foreclosure, and working with lenders, he gives you the background you need for the later subjects of creative financing, hard and private money, getting involved in partnerships and equity sharing and the more creative subjects of lease options and owner financing.

While the book is geared primarily toward real estate investors, it is an excellent guide for any person considering buying a new home or considering doing some kind of creative financing with an investor or other buyer on a house they already own.
After reading it cover to cover (an easy task) every real estate investor should then add it to their library as a useful reference for many financing situations that may come up in this business.

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17 of 17 people found the following review helpful:
3.0 out of 5 stars Great Overview, little applicable advice, January 15, 2006
By 
James Myers "KriticleSinicle" (Florida Keys (No, it stinks here)) - See all my reviews
(REAL NAME)   
This book was a quick and easy read, with great insight on some pretty creative financing ideas. Unfortunatley, there is little beef in regards to applying these ideas. The most difficult part about creative financing is getting the seller to buy into it. With lots of links to Bronchick's website, you kinda get the feeling your answers will come via one of his webinars and product packages ::wink wink::. despite this, I am glad I read it, and highly recommend it for the rookie who wants to learn more about real estate investing and lending. Bronchick breaks down alot of Lending "Jargon" and includes a very nice glossary and appendix. Seasoned investors will read this, stare blankly for 7 seconds and say "Duuuuh!" If there were half stars, I would give it 3&1/2 stars, But I dont think it gets a 4.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
institutional lenders, real estate financing, double closing, loan fraud, first mortgage loan, second mortgage loan, lease option, conforming loans
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Creative Financing, Case Study, Key Points, The Lease Option, Investor Financing Pitfalls, Understanding the Mortgage Loan Market, Real Estate Loans, Legal Primer, United States, Real Stories of Investor Financing, Freddie Mac, Fannie Mae, Savings Bank, The Money Store
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