Debt Be Gone Today

When investing in Free and Clear Real Estate (or Real Estate with high Equity) it are important steps you need to take to make sure you achieve the success you are looking for.

Follow these steps to make great offers on free and clear homes:

1. Determine what price you expect to get quickly by offering flexible seller financing to a buyer

2. Determine the minimum monthly income you can get each month

3. Identify the minimum you want earn (Profit) from this transaction

4. Add up your projected costs for marketing, buying, funding and selling

5. Add up your forecasted expenses for repairs and holding until occupied

6. Determine if you are going to get out some extra Cash at time of closing

7. Determine how much cash you need to raise to fund the deal

8. Determine the cost per month of raising these funds on a private investor 1st mortgage

9. Calculate the net positive cash flow (that is do not include the cost of offering monthly payments to the seller on a second mortgage)

Your maximum allowable offer (MAO) on a free and clear deal equals:

* Take your resale price, subtract from it your target profit and all your cost to buy, hold and sell, then

* For the term of your seller carry back Installment sale note – add the total positive passive monthly income then

* For the term of your seller carry back note – add in the total principal reduction

If your final acceptable offer does not exceed this amount, then you’ll meet your target profit goal.

The beauty of this investing system is that you structure 0% owner financing with the property owner. And there so many different reasons why sellers are accepting offers with no interest on their equity.

Many investors don’t think sellers will accept 0% financing, or wait 5 to 15 years for their money… but they do… and they do it all the time. But only when you ask.

The Seller financing benefits for you as the investor are awesome.

* You can collect all the passive and positive cash flow on the Home (or land) when the seller accepts no monthly payments. If you could net $1,000 a month for let’s say 7 years (= 84 months), would that be worth getting involved?

* Any property can be made cash flow when you only offer the seller monthly payments based on what the house can truly afford. and when you make monthly payments, these payments are principal only and will quickly pay off the house… creating a huge backend profit for you. If you could purchase a home with no money down, get at least a breakeven cash flow, and then at the end after 3-10 years collect $50,000 or $100,000 that woudl be a good deal, right?

* And it gets even better; if you like, you can pull most of the profits out at the beginning… in cash… on the day you purchase it. You don’t need to rush to quick-turn these Homes when you have no Cash tied up in the deal and when you’ve already received an extra $10,000 or $30,000 in hard cash at closing when you bought it.

It may seem complicated, but it is not. The marketing is easy. Prescreening these leads is simple (Hint: if there’s a lot of equity… go see the seller!). Negotiating and deal structuring is systematic. The deals you buy using this investing model are super easy to quickly resale or occupy.

Use the steps outlined above to make multiple offers and then calculate and recalculate different offers based on:

1. Asking the seller to wait for ALL their equity, 2. Passing on to the seller the positive net cash flow each month, 3. Giving a down payment upfront to the seller and 4. Some combo of “some cash now”, “ongoing cash flow” and “cash in the future” to the seller

Sound too good to be true? You’ll never know unless you try and believe it work for you. Click the link below to learn the innermost secrets of how Richard Roop can teach you many people have done this and how you too can get freedom through Free and Clear Houses.

Here’s some proof to get you motivated and excited…

* How Mark from Virginia netted an extra $10,000 in cash at closing buying a $165,000 house with no money down, creating 0% financing with the seller for 7 years at $400 a month.

* Mike from Washington made an extra $25,000 (Cash) the day he bought the property on a $120,000 house with zero money down, 0% seller financing and a $500 monthly payment for 8 1/2 years.

* How Denise and Mark from California bought a newly remodeled $400,000 house which can rent at $1,800 for just $290,000 with no money down, creating 0% financing with the seller at $800 a month for 10 years.