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Premium
Gated Community House Plots at
Mala . |
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45
Cents(Commercial) with 99 feet Highway frontage, Pallimukku, Ernakulam. |
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55
Cents(Commercial) with 130 feet NH 47 frontage, Vytilla,Ernakulam. |
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45
cents with 115 feet NH 47 frontage Kundanoor - Nettoor, Ernakulam. |
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42
Cents with 130 feet NH 47 frontage, Vytilla-Kundanoor, Ernakulam. |
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48
cents with 98 feet NH 47 frontage, Edappally - Vytilla,Ernakulam. |
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55
Cents(Commercial) with 130 feet NH 47 frontage, Vytilla,Ernakulam |
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45 cents with 100 feet NH 47 frontage on Edappally - Vytilla Road, Ernakulam. |
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117
cents with 120 feet NH 47 frontage Edappally - Vytilla Road , Ernakulam. |
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30
cents with 100 feet NH 47 frontage Aluva By Pass, Aluva. |
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5.0
/ 6.5 Cents House plot at Carmel, Aluva. |
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20
Cents House plot at Aluva. |
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33
Cents Commercial Land , 45 Mtrs NH-47 Frontage, Aluva. |
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22
Cents of land with house at Meloor , Chalakudy. |
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18.5
Cents House plot near SCMS Engg: College,Karukutty. |
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6.5
/ 8.5 Cents House plots at Udayamperur, Ernakulam. |
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08.00
Cents House plots - Near Cochin International Airport. |
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24
Cents - House plots at Nedumbaserry, Aluva. |
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5
Acres of Prime Land at Mala. |
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5
/ 6 / 10 / 12 Cents House plots at Kadungalloor, Aluva. |
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22
Acres - Coconut Estate with 4500 Sq Feet Farm House. |
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55
Cents Land 5 Kms from Cochin Airport - NH-47-Attani Junction.
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Houses
at various Locations in Aluva -Ranging from 20 Lakhs to 50 Lakhs
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Houses
in 4 - 10 Cents with 2-5 Bed rooms at Aluva. |
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California Real Estate: "Bubble" or the World's Greatest Bargain?
A day doesn't pass when a self-anointed talking head doesn't make solemn noises of "California Real Estate bubble". I'm a hands on Realtor in Pleasanton, California, San Ramon, and Danville. We are the epicenter of paradise, 20 minutes east...
Florida Real Estate – The Sunshine State
Florida real estate is definitely worth a look if sun and fun is your ticket. Florida real estate, even close to the beach, is a very good deal. Florida Florida is a well-known haven for people living through winter storms in the northeast....
Good Faith Deposit – Real Estate Transactions
In a real estate transaction, a touchy issue is how much trust the seller has in a buyer. The existence of a good faith deposit helps put a seller at rest. Good Faith Deposit If you are selling your home, condominium or other real estate, you...
No More Estate Agent Fees
Follow a few simple guidelines, and marketing your own home can be easy. And it will save you thousands. The recent property boom has a lot of people thinking of selling. Unfortunately, the costs of selling can really eat into your profit....
Real Estate - Tips For First Time Buyers
First time home buyers face many challenges in understanding the process of purchasing a home, obtaining a mortgage, and knowing which type of loan will best suit their needs. Advice from well meaning loved ones can be helpful, but buying a home...
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Make A Fortune With No Money Down! Really??
They're sold on late-night TV, hawked at seminars, they sell in books, and, admit it, you've wondered about them--those programs that tell you that you can make a fortune investing in real estate with no money down. Is it true? The answer is, yes, but....
If you can find an undervalued property, use somebody else's money, or do a sub2 deal (check your glossary at the website if you're unsure about that term), it's relatively easy. Undervalued properties are somewhat hard to come by in these overvalued days in most areas, unless you're ready to do some serious rehab work or have a keen insight into market trends in a specific area.
And, most lenders want you vested in the deal with some significant cash--understandably. Why should they take all the risk? At the very least, they'll want you to be able to show that you can maintain the property until it turns around or that you can turn it over quickly and profitably (which usually means selling it to somebody willing to pay a premium because of less-than-great credit).
BUT, don't let this discourage you. Instead, let it sharpen your insight as to what makes for a good deal, understand how lenders view them, and think creatively about financing so that a good deal can be had by all. Here's one way.
Find a motivated seller, and line up a partner who's seeking a good return. Form an LLC with the buyer. Have the LLC buy the property at
a discount from the market rate in your partner's (the buyer's) name--it's his money, after all. Next, run a "for sale by owner" ad, stating that "poor or no credit is okay." Your phone will ring. They'll pay more to get in, but they'll have to be able to pull together a decent (10% or more) down payment and have a solid job. Your investor partner gets that cash to get his investment back. Then, sell the property to the new buyer and split the monthly cash flow with your partner.
You can repeat this process a few times and have a significant monthly cash flow, all with no cash from your pocket. Your contribution will have been putting the deals together. So, yes, "no money down" can still work, if the right people are in the picture. Keep your eyes open for possibilities, your contact list current, and your ambition level high, and you can do it.
Future articles will cover a couple of additional strategies.
About the Author: Lynn Stonebraker has been profiting from real estate since 1987. Get free weekly training in her newsletter, available at http://www.realestateinvestinginformation.com
Source: www.isnare.com
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