While the real estate market will always be changing, real estate is one of the few investments that will never go out of style. People simply like having a roof over their heads too much.
If you have no money and no credit, is real estate investing out for you? NO!!!
Consider a lease option investment. Here is what you do in a nut shell.
Find a motivated seller and agree to lease the property. Also agree upon a purchase price that you can buy the property at any time over the next few years.
Next find someone who wants to own a home, but cannot do so just yet. You lease them the property (your contract with the seller lets you do this) and give them a purchase price where they can buy at later.
You charge your buyer more rent and a larger purchase price than you pay the seller.
At the end, you keep the difference in rent and when the property sells, the money comes from your buyer and you keep the extra.
All of this can be done with no money (from you) or banks or credit.
Want to learn more about this? Enroll in our financial education course NOW and you will.
Pablo
FinancialCrisisAnswer.com
Friday, April 24, 2009
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