It's no secret that fix-up properties are diamonds in the rough that offer huge money-making opportunities. This book gives you the techniques for locating and appraising these undervalued gems. You'll learn how to purchase property with little money down, taking full advantage of the creative financing methods available today. In addition, you'll learn ways in which to upgrade your property quickly and then sell it for a high return on your investment. Today's most lucrative real estate concepts, such as lease option and conversions, are also discussed.
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51 of 51 people found the following review helpful:
3.0 out of 5 stars
Outdated,
By lnicholson@winstead.com (Texas) - See all my reviews
This review is from: Making A Fortune Quickly In Fix-Up Properties (Paperback)
You know your dealing with a book that's outdated when you read "Most first loans are made by savings and loans associations." No offense intended to the author but although many of the concepts are good, they are not well-explained or presented for beginners to easily understand. I only understood as much as I did because I am in the real estate industry. Better choices are out there.
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Inside This Book
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First Sentence:
To succeed at real estate investment, look at borrowing money as a way of accumulating surplus income. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
troubled owner, distressed owner, percent declining balance method, equity buildup, gross income multiplier, foreclosure property, impound account, second loan, option fee, grant deed, distressed property, conventional lenders, amortized loan, legal newspapers, subject property, annual debt service, cap rate Key Phrases - Capitalized Phrases (CAPs): (learn more)
Real Estate Owned, Brooklyn Bridge, Internal Revenue Service New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
To succeed at real estate investment, look at borrowing money as a way of accumulating surplus income. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
troubled owner, distressed owner, percent declining balance method, equity buildup, gross income multiplier, foreclosure property, impound account, second loan, option fee, grant deed, distressed property, conventional lenders, amortized loan, legal newspapers, subject property, annual debt service, cap rate Key Phrases - Capitalized Phrases (CAPs): (learn more)
Real Estate Owned, Brooklyn Bridge, Internal Revenue Service New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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