Real Estate Finance and Investment Manual (Paperback)

by Jack Cummings (Author)
Key Phrases: leasehold equity, constant annual percent, leasehold financing, Fort Lauderdale, North Carolina, United States (more...)

Editorial Reviews

Product Description
All the players--buyers, sellers, bankers, lawyers, developers, investors--need to know how to put together a workable financing package. This book, fully updated to reflect the current market, includes hundreds of strategies, tips, and hints to help anyone finance any deal in the market.

From the Back Cover
The classic real estate investment financing resource every investor needs—completely revised and updated!

Since 1977, Jack Cummings's Real Estate Finance and Investment Manual has been the definitive source of financing guidance for investors everywhere. If you want to maximize profits, you have to understand all your financing options and choose the appropriate strategy for each property. This comprehensive guide gives you all the information and insight you need to make the right choice every time.

Written by leading real estate author and investor Jack Cummings, this new edition has been completely revised for the first time in a decade. It covers all the new real estate investment strategies and insider techniques that will work for you no matter where you live and features brand-new case studies, updated mortgage information, and a unique "constant rate" amortization schedule designed by the author to help you better control cash flow. In addition to new material for today's real estate market, you'll find a mountain of reliable and practical information that has made this book the ultimate financing guide for investors for three decades.

Inside, you'll discover trustworthy, expert guidance on:

• Setting realistic goals to guide your investing choices

• Mastering the art of effective negotiation

• Using leverage to maximize returns on your investments

• How to decide between conventional and creative financing methods

• Understanding and using wraparound and blanket mortgages

• Uncovering real estate tax loopholes that increase cash flow

• Utilizing powerful techniques for closing any deal

With checklists and other handy resources you can put to immediate use, Real Estate Finance and Investment Manual, Ninth Edition is the only book you need to manage the financing of all your investment properties. --This text refers to the Paperback edition.

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Product Details

• Paperback: 550 pages
• Publisher: Prentice Hall; Revised edition (April 1997)
• Language: English
• ISBN-10: 0134933885
• ISBN-13: 978-0134933887
• Product Dimensions: 9.1 x 7 x 1.5 inches
• Shipping Weight: 2.4 pounds
• Average Customer Review: 3.8 out of 5 stars See all reviews (9 customer reviews)
• Amazon.com Sales Rank: #145,065 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

95 of 97 people found the following review helpful:

3.0 out of 5 stars Good for individual investors, less useful for professionals, December 30, 1999

By	A. J. Southwell (St. Louis, MO) - See all my reviews (REAL NAME)

Focused on real estate deals in the <$2MM category, this book offers a treasure trove of helpful tips about how to work the angles to create maximum wealth from real estate investing. Especially useful are sections on goal-setting, negotiating, dealing with banks, and secondary financing.

The book is less useful for development professionals dealing with larger developments such as office buildings, apartment communities, etc, as it omits extended discussion of the institutional players. Both individuals and development professionals will find Zuckerman, Real Estate Investment and Acquisition Workbook a useful adjunct, with development professionals perhaps more intested in Brueggeman & Fisher, Real Estate Finance and Investments than this offering.

27 of 28 people found the following review helpful:

4.0 out of 5 stars Excellent "Creative Real Estate Financing" manual, February 18, 2002

By A Customer

This "no-nonsense" book, by a seasoned investor and broker, is mostly focused on non-traditional real estate financing vehicles. Bits and pieces on the subject have previously taught by various gurus, but this book covers ALL of them. If every Realtor and investor read this, we would all be better off.

Other recommended RE investing reads:

The Unofficial Guide to Real Estate Investing
Landlording by Leigh Robinson
5 Magic Paths to Making a Fortune In Real Estate Investing
The Income Stream by Robt. Goodman

23 of 24 people found the following review helpful:

5.0 out of 5 stars Solid, comprehensive, but a bit verbose, January 5, 2002

By	C Boyle (Long Beach, CA) - See all my reviews (REAL NAME)

This and Landlording, by Leigh, are my two fave's so far as a real estate investor. This one tends towards overkill with many, many examples but other readers may want that more than I did. There are one or two strategy recommendations I disagree with rather heartily, but it's clear, pretty much accurate, and very readable. The no-nonsense writing reminds me a bit of T. Dallow or J. Reed, both also recommended.