question financing and holding properties - Posted by m reyn

Real Estate Investing Real Estate Gurus
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Posted by David Butler on December 16, 2009 at 19:33:10:

Hello mreyn,

There is a chance that like many investors these days, the guy you are referring to is simply using his own funds to buy, flip, and finance. Or, he may be managing a private equity fund, family trust, or similar device. He may also be further leveraging his funds by hypothecating the paper he is holding, or selling partial purchase terms in the notes.

Alternatively, he may have built up a warehouse line of credit, a working capital line of credit, a hard-money lending source, or has developed a business relationship with private investors, or a private equity group(s).

All of these avenues present opportunities and challenges of their own in establishing a reliable funding conduit. Credit, financial condition, and previous experience, are always a part of the equation, though in varying degrees. That is more so in today’s economy. Some of the challenges can be overcome through relationship building. Power of Intent will ultimately come into play, unless you are already ahead of the game on the experience and financial grades.

Part of the game is fairly basic, and there are numerous discussions, primarily from John Behle and myself, on those topics, here in the archives. They offer a working guideline for getting started. Beyond that, relationship building and your own determination will be the primary factor in determining your ability to make things happen.

Here are a couple of starting discussions. Also be sure to use key words like “working capital”, “credit lines”, “working lines of credit”, “finding private investors”, and add “+ John Behle” to track down some of his excellent posts on the topical content.

Re: Art & Science of Debt Propulsion!
http://www.creonline.com/cashflow/wwwboard3/messages/22848.html

Re: Along those lines… Drew Too From David
http://www.creonline.com/cashflow/wwwboard3/messages/7152.html

Six or Half Dozen?
http://www.creonline.com/cashflow/wwwboard3/messages/20022.html

Great Job & Something More
http://www.creonline.com/cashflow/wwwboard3/messages/8694.html

The above links mention Terry Vaughan/Ed Garcia’s Lenders Workshop, which is something you should consider looking into (it is available right through this web site, and you’ll want to check through their bookstore for scheduled dates).

Re: Hypothesis of Hypothecation!
http://www.creonline.com/cashflow/wwwboard3/messages/23113.html
Re: Hypothecating A Great Way To Go If
http://www.creonline.com/cashflow/wwwboard3/messages/20996.html

Partial to MH Partials
http://www.creonline.com/cashflow/wwwboard3/messages/15747.html

Re: Hypothecation without securities laws?
http://www.creonline.com/cashflow/wwwboard3/messages/13315.html

Hope that helps, and Many Happy Returns!

David P. Butler
Nascent Equity &
Hotspur Investment Group

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question financing and holding properties - Posted by m reyn

Posted by m reyn on December 08, 2009 at 20:06:49:

there is a guy who buys homes,nice homes,and offers owner financing with no down payment/closing cost,and puts the deed buyer name.what kind of financing allows you to do this and is it profitable enough to cover property payment,etc?Also,I need a lender/financing that would allow me to purchase manufactured homes on land and either resale, or hold for lease out.Interested in continually building up my rental portfolio.

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Re: question financing and holding properties - Posted by Mel

Posted by Mel on March 19, 2010 at 19:25:05:

My friend recently completed this class and he said it was really good -
lot’s of potential for the current market. Here’s a little bit about it:

Lease Option Classes (LOC) trains small groups of people to duplicate
the Leasing to Buy real estate system, and assist those trainees in
developing their own business.

Leasing to Buy was established over 7 years ago to assist people who
could not qualify for a home loan, and at the same time, helping
sellers or investors who were facing challenges in selling their homes
or moving their inventory.

Leasing to Buy developed a complete, turnkey business model that
helps people achieve the American dream of home ownership.

Leasing to Buy is now looking to expand our lease option system to
other cities, with the goal of also helping motivated people who desire
to establish and grow their very own business.

We are not offering or trying to sell any sort of ?get rich quick scheme?
nor are we offering what might be considered your typical real estate
seminar. We do not have books or DVD?s to sell, and we are not
looking to get hundreds of people in each city to sign up for a
weekend ?boot camp? of any sort.

In each target area, we are specifically looking for approximately 4
highly motivated and self-driven people who want to help others,
while at the same time develop and grow their own business that
would provide a very rewarding income.

John Jackson, founder of Leasing to Buy, personally trains each person
who goes through his LOC classes. Unlike most real estate systems
who hire trainees, John believes in working with smaller groups, which
enables him to help each person build his or her own business.

LOC is proud to be offering classes in Dallas, TX , from May 19 ? May
22. Space is extremely limited and reserved on a first-come, first-
serve basis.

For more information visit www.leaseoptionclasses.com