(2b)
Do you have a dream of being a wealthy real estate investor but absolutely don’t want to be a stressed out landlord dealing with an array of bad tenants, repair calls in the middle of the night, and empty units.
Think of it as the day trading of real estate except it is simpler and has less risk if you learn how the process works. In fact when you learn how to do it the right way, you can minimize your risk substantially. The Real Estate Wholesaling Bible teaches what you need to know to profit from real estate wholesaling without needing a lot of capital or previous experience.
The road map outlined in this book helps investors looking to inject more private capital into their business the most effective strategy for growth! Author and real estate investor Matt Faircloth helps you learn how to develop long-term wealth from his valuable lessons and experiences in real estate.
If you are ready to take action and change your life for the better, this book will definitely guide you in the right direction!
Genre: SELF-HELP / General
Recently we ran a promo and were able to make 1500 sales during the promotion period. Though all sales were free downloads but it signifies that the topic has potential and is capable of making money. Paid downloads vary between 40 to 60 per month.
Calculation
Minimum estimate - 30 Paid Downloads * $3.00 * 70% = $63 per month
Maximum but not limited to - 60 Paid Downloads * $3.00 * 70% = $126 per month
Annual Earnings per book - Minimum Estimate - $63 * 12 = $756 per year.
Annual Earnings per book - Max but not limited to Estimate - $126 * 12 = $1512 per year.
Please Note - This is just one book. I have over 1000+ books in my arsenal. If one book can do this much imagine how much even 10 books could do for you. Just stay committed with our business model and I assure you that we all will make money!! Lot of it!!
As with any real estate purchase, the bank or financial institution creates and maintains the mortgage, escrow, and the loan includes all the usual; down payment, monthly payment, interest, terms, etc. As the purchaser, your credit is used to determine interest rate, and you have the opportunity to ‘buy down points”, etc.
Seller Carryback
Fundamentally, this is the situation where the original owner agrees to fund the loan, in effect. Generally, this is what used to be called “Owner Will Carry”. The buyer then pays the original owner, until the loan is paid off as agreed, or, what is normally the case, the buyer eventually refinances the loan, and gets title to the property.
Subject-To
This is usually a situation where there is some circumstance that has to be met, and the loan remains in the original owner’s name until that occurs. In this case, the title is transferred, but the loan remains in the original owner’s name. Used often in pre-foreclosure sales, the terms are usually fixed at some very short limit, as refinance is generally easier than loan origination.