The $8 Trillion Funding Source
Owner Financed Properties
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Sample owner-financed properties from our recent email blast:
Florida: $59,000. $5,900 down.
Rented for $900/month. (Subscribe) |
A significant percentage of real estate in America is held “free and clear.” The estimates vary widely, that is, from a low of 35% to a high of 65%. Even if we take the lower percentage, it means that 1 out of 3 sellers, you deal with, potentially owns the property outright.
True to our Mission Statement, after spending significant amount of time vetting out the process, BankFreeInvesting.com is proud to bring Owner Financed Properties service for real estate investors and entrepreneurs alike.
It is not rocket science, but it takes a considerable amount of time and manual labor to search for properties where sellers are willing to act as banks. Some sellers would advertise “owner financing” but when “paper meets the pen”, you find out that a bank would be involved. We CANNOT allow that. Our vetting criteria ensure that these sellers are straightforward, transparent and cooperative.
Some of these sellers are motivated due to their life situations to hold mortgages on the properties. However, a large number of properties, we will bring to you, are being sold by experienced and professional sellers who have seller-financing as part of their business model.
These professionals purchase their inventories, in bulk, at deep discount prices, and know that it is in their best interest to give investor-buyers great deals so that they come back to them, again and again. Some of these professionals may help you take your real estate wealth to the next level by progressively structuring win-win deals with you. And unlike banks, they are not foreclosure-happy. Many of them would be more than willing to work with you if you run into bumps along the way.
Important Note: BankFreeInvesting.com is a strong proponent of providing “disinterested advice” in investment matters. We are only providing information to you. We are not endorsing any of the sellers or the properties. Whether you work with one seller or the other is totally up to you. You must seek legal and fiancial advice before buying any property(ies).
This is how the process works from the no-money, and ultimate leverage, point of view:
You avoid stringent qualification requirements which are commonplace with bank financing; especially today
You pay no “junk fees” which ALL banks sneak in as if they were necessary.
Most of the sellers will require some type of down payment or closing costs. You use money from your or someone else’s self directed retirement account to pay for the down payment and closing costs.
The loans are “non-recourse”, which most banks WOULD NOT do. Non-recourse in the real estate lingo means that if you default on the payments to the seller, the most he can do is to foreclose on the property, and WILL not go after you or the IRA account involved. IRS requires non-recourse loans if you are going to leverage your IRA investment with a loan.
The positive cash flow goes back to you and/or the IRA account involved.
So go ahead. Super-charge your Bank Free Investing by subscribing to our Owner Financed Properties service at the deep discount price of $97 (A $497 value) for one full year. We promise you that, during the next 12 months, if you did not make 100 times the amount you paid, then you can ask for a full refund.
Heck, you can ask for a refund even if you made 1,000 of the subscription price. We won’t ask you a single question. But we know that once you get the taste of receiving fresh listings, as easily as opening your inbox, you will not be able to afford being without the Owner Financed Properties service.
Aside from actually purchasing properties, the side benefit of the Owner Financed Properties service is to keep your fingures on the pulse of real estate, nationwide or in your cities of interest. Currently, the service provides listings in major cities and surrounding areas. We will continue to add more areas as our clients ask for them.
Go ahead and subscribe to the totally priceless Owner Financed Properties service right now by clicking here.
Disclaimer : We are not legal advisers, financial advisers, certified financial analysts or certified financial planners. Our tools and techniques teach possible strategies but DO NOT provide specific advice. You MUST seek specific financial and legal advice from professionals certified by appropriate certification authorities in your state.