What's the best way to make money in real estate today?
Should you buy ugly property in war zones with no money down techniques,
or should you buy pretty houses with your own cash.
I say you should buy quality properties without using any of your own money! And I will show you how to do it with an unsecured business line of credit.
I don't think that you should only invest in Junker houses using no money down techniques just because you don't have any money. Many of these techniques are simply gimmicks that make you the owner of an over priced property that nobody else wants.
I believe that you should use a proven system of getting business lines of credit to buy good property. If you are using unsecured business lines of credit to get the money to invest, you can buy more valuable real estate and a lot more real estate than you can buy if you only used your own cash or no money down tricks.
Please read this article written by the expert that taught me where to get business lines of credit for real estate. (Or what ever capital intensive business you may have.)
Kim Tucker
Mid-America Association of Real Estate Investors
(www.MAREInet.com)
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By Thomas Kish, President of CashFlowExperts
Seems like a no brainier to recommend that people buy more real estate.
History proves that real estate makes more millionaires than any other
investment.
But where do you get the money when you want to get started?
Using unsecured business lines of credit is the way I teach people to get rich, but you will meet people that still believe that it's a good idea to ONLY use their own cash buy real estate.
How much real estate could you invest in if you never needed to use your own money?
The rich get rich because they control more assets than the middle class do. They buy 5 good investment properties to every 1 that we buy. And they buy all
this real estate using business lines of credit.
This is simply called using leverage not cash to invest in real estate. But the opposite of using leverage is to pay ALL cash for property and own it free and clear.
Why do some people still want to own real estate free and clear?
Because they believe that they are making more money if they borrow as
little as possible to buy it.
But lets look at 2 examples to see which example makes more money.
Example 1.
Use $40,000 of your personal savings to buy a house with 20% down and get
a mortgage for the rest.
You may cash flow $400 per month with this scenario.
And on this one house you will also be getting -
A. equity build up like a personal saving account as your tenants help you pay down the principal on the mortgage each month..
B. appreciation as the house goes up in value, which good real estate has
always tended to do.
C. great tax deductions that will lower your personal tax bill in many cases.
Example 2.
Use a $80,000 new business line of credit instead of your own CASH and
buy 2 houses.
You may cash flow $200 per house per month for a total cash flow of $400 a month.
And you are making money on TWO pieces of investment real estate instead
of one.
Your also getting -
A. Double the equity build up.
B. Double the appreciation.
C. Double the tax deductions.
AND YOU NEVER USED A DOLLAR OF YOUR OWN CASH. The entire down payment came from an unsecured new business line of credit!
I can show you exactly where and how to get MONEY to do this using my
Ultimate real estate investor's guide system.
Go to:
http://m353.infusionsoft.com/go/ureg/MAREInet/optin
You don't need any income, assets or good personal credit to get this money if you follow my 4 step system and use the list of lender that I give you.
About Thomas Kish.
Thomas Kish is an author, speaker, business consultant and an active real
estate investor.
He is a national expert in the area of business credit and has shared the
stage with best selling authors Robert Allen, Mark Victor Hansen, and Robert Kiyosaki .
Tom has bought and sold 8 million dollars worth of real estate using
business lines of credit instead of using his own money.
And he has helped thousands of people change their lives with business lines of credit.
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