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Real Estate Debt Can Make You Rich: What You Owe Today Is What You Will Be Worth Tomorrow
 
 
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Real Estate Debt Can Make You Rich: What You Owe Today Is What You Will Be Worth Tomorrow [Paperback]

Steve Dexter (Author)
4.2 out of 5 stars  See all reviews (9 customer reviews)


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Book Description

October 17, 2006

LEVERAGE THE LOANS AND FINANCING THAT CAN GIVE YOU BIG PROFITS!

You don’t have to wait for years saving up your first down payment before you start investing in real estate. Instead, you can put up a small percentage of a down payment and let a loan from the bank finance the rest. When it’s time to sell, you pay the bank for the original loan, and any profit goes right in your pocket.

But even seasoned real estate investors need a guide to help them through the maze of different loan products and financing options that banks offer. Real estate finance expert Steve Dexter takes you into the hidden world of leveraged investing-essentially using “other people's money” to earn massive profits. With simple, straightforward advice, this book…

  • Offers strategies for minimizing a down payment in order to maximize investment return
  • Simplifies all tax issues related to real estate debt
  • Gives strategies on making yourself more creditworthy
  • Provides bonus insider advice on how to find the best properties
(20061208)


Editorial Reviews

Review

One of Robert Bruss’Top 10 Real Estate Books of 2006

“Reveals mortgage-lending secrets most home buyers, realty agents and investors have never heard before. On my scale of one to 10, this superb new book rates an off-the-chart 12.”

(Bruss, Robert J. Inman News Features )

From the Back Cover

LEVERAGE THE LOANS AND FINANCING THAT CAN GIVE YOU BIG PROFITS!

You don’t have to wait for years saving up your first down payment before you start investing in real estate. Instead, you can put up a small percentage of a down payment and let a loan from the bank finance the rest. When it’s time to sell, you pay the bank for the original loan, and any profit goes right in your pocket.

But even seasoned real estate investors need a guide to help them through the maze of different loan products and financing options that banks offer. Real estate finance expert Steve Dexter takes you into the hidden world of leveraged investing-essentially using “other people's money” to earn massive profits. With simple, straightforward advice, this book…

  • Offers strategies for minimizing a down payment in order to maximize investment return
  • Simplifies all tax issues related to real estate debt
  • Gives strategies on making yourself more creditworthy
  • Provides bonus insider advice on how to find the best properties

Product Details

  • Paperback: 256 pages
  • Publisher: McGraw-Hill; 1 edition (October 17, 2006)
  • Language: English
  • ISBN-10: 0071472819
  • ISBN-13: 978-0071472814
  • Product Dimensions: 8.8 x 5.6 x 0.6 inches
  • Shipping Weight: 8 ounces
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #1,141,418 in Books (See Top 100 in Books)

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Customer Reviews

9 Reviews
5 star:
 (5)
4 star:
 (2)
3 star:
 (1)
2 star:
 (1)
1 star:    (0)
 
 
 
 
 
Average Customer Review
4.2 out of 5 stars (9 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

5 of 6 people found the following review helpful:
3.0 out of 5 stars Good but prettty basic, January 9, 2007
This review is from: Real Estate Debt Can Make You Rich: What You Owe Today Is What You Will Be Worth Tomorrow (Paperback)
For the beginner it provides a good understanding of mortgage financing. I do think the writer failed on supporting his title in that it really gave no strategy,.
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1 of 1 people found the following review helpful:
4.0 out of 5 stars Explanation of mortgages for investors!!!!!, June 26, 2007
This review is from: Real Estate Debt Can Make You Rich: What You Owe Today Is What You Will Be Worth Tomorrow (Paperback)
This book explains how to select what type of mortgages you may want for investing in real estate based on your situation. It gives pros and cons of each type of mortgages such as stated income and no documemtation programs. Also it suggests how to use different types of mortgages according to the type of investment strategy you plan. This book is a must read for new investors who want to know about mortgages tailored for investors of real estate.
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3 of 4 people found the following review helpful:
5.0 out of 5 stars Good Info, January 9, 2007
This review is from: Real Estate Debt Can Make You Rich: What You Owe Today Is What You Will Be Worth Tomorrow (Paperback)
Got good overview on whatch outs and not to do things in investment. Eye opener. first part tied in to what I was doing, which I thought was wrong. But what was more imoprtant, was the way I was figuring out what to do next. Lots of good information and explanations, specially for me, a begining investor.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
stated income loans, piggyback loans, doc loans, payment shock, loan products
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Federal Reserve, Freddie Mac
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