grants Ervin Santana White Sox Jersey
grants Ervin Santana White Sox Jersey
Copyright 2005 Peter Dobler
Unlike traditional residential real estate mortgages Ron Santo White Sox Jersey , real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other People's Money).
I have enough money; shouldn't I buy my real estate investment for cash? No, I absolutely advice against investing large sums of cash into a single real estate investment. There are two reasons why not. First, you give away most of your profits by not leveraging your real estate investment. Second, it is far too risky to put every egg into one basket.
Let me explain the leverage issue for a moment. I will give you an example of a $100 Jeff Keppinger White Sox Jersey ,000 investment property that typically increases its value (appreciates) by 7% average a year. Maybe more, maybe less depending where you live. Paying all cash for this property will yield in a 7% appreciation profit plus the net profit from renting the place. Now you're looking at roughly 15% of returns.
If you're conservative with your investments you might be satisfied with this kind of a return. These days you might get equal or better returns with other conservative investments minus the hassle of being a landlord. But you don't mind being a landlord, because you understand and utilize the leveraging method with financing your real estate investment.
With the example above you will make roughly $15,000 a year in profits from your investment. Now let's take a closer look at what leveraging can do for you. Today a typical real estate investor can get financing as high as 95% - 97% of the purchase price. Occasionally 100% financing is available as well. But this would be totally unfair in this example to compare this with all cash purchasing.
15% return sounds like a lot Luke Appling White Sox Jersey , but wait till you see this. Let's assume that the rental income will cover all your expenses including the mortgage payments. Taking the same example from before your net return would be the 7% appreciation profits of your property. This would translate into a $7,000 a year profit. With a 95% financing in place you would get $7,000 return on $5,000 (your 5% down payment) invested. This is a whopping 140%
return on investment.
With the same $100 Harold Baines White Sox Jersey ,000 you can go out there and get 20 investment properties, finance 95% of it and make an amazing $140,000 profit a year. This beats the projected $15,000 profits with an all cash transaction any day.
Of course you will have a lot of trouble to get financing for 20 properties in a single year. Typically 5-6 new rental property mortgages are the maximum lenders will allow these days. This is the signal to get creative with your financing structures.
In this case sellers financing would be your key to achieve your goal of maximum leverage of your investment dollars. Despite the message from all these late night infomercials Nellie Fox White Sox Jersey , seller financing is harder to get than they want you to make believe it is.
It all depends on the seller's ability to offer seller financing and the seller's motivation. Only about 1 out of 20 properties for sale are able to get seller financing. That means that there's no mortgage balance on the property. From this narrow selection the seller must be motivated to sell under these conditions. This could be tax reasons, time constraints, personal reasons and many more.
As you can see this translates into a lot of work to achieve your goals. But let me tell you one thing. This separates the tire kicker real estate investors from the real go-getters. Wouldn't you agree that a little bit of hard work and determination is well worth it to build a real estate empire?
I think it is well worth the trouble and hard work. At the end of the day you keep building your real estate investment portfolio and sooner than later you will be able to cash in.
Sincerely,
Peter Dobler
(c) 2005
About the author:
Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner. Learn more about real estate investments at r send a blank email to mailto:suncoastrenttoown@
>What Future Undergrads Ought To Know About Student Loans And Online Resources
Posted by nick_niesen on October 29th Alcides Escobar White Sox Jersey , 2010
Navigating the student loan process can be a challenge, starting from ground zero. Since the federal government got in the student loan business in 1965, something like 65 million Americans have taken advantage of it. There have been several bills run through Congress over the years, creating a variety of loan programs - for students Jose Abreu White Sox Jersey , vets, returning students, and so forth. The primary government online resource for information on government student aid is basic information on what is available through federal programs, perhaps the most basic resource is the Department of Education's site entitled "Funding Education Beyond High School: The Guide to Federal Student Aid". It is a comprehensive resource on grants Ervin Santana White Sox Jersey , loans, and work-study programs which are the three major forms of aid available through the Department's Federal Student Aid office. This material tells you about the programs and how to apply for them. order to qualify for any sort of federal assistance and for most privately underwritten financial support, including that which comes through the school's financial aid office, you're going to need a FAFSA score. This ranking is produced through the process of filling out a FAFSA application and submitting it to the U.S. Department of Education Kelvin Herrera White Sox Jersey , which returns a valuation that shows how much loan money you will be eligible for and how much your parents are expected to provide in support. So the best place to begin your application process is through the FAFSA site: You can make an electronic applicatio. Wholesale Jerseys Cheap Wholesale Authentic Jerseys Wholesale Jerseys China Free Shipping Wholesale NFL Jerseys China Wholesale NBA Jerseys From China Wholesale Authentic NBA Jerseys Wholesale MLB Jerseys Free Shipping Wholesale Cheap MLB Jerseys Wholesale Custom College Jerseys Wholesale College Football Jerseys
Unlike traditional residential real estate mortgages Ron Santo White Sox Jersey , real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other People's Money).
I have enough money; shouldn't I buy my real estate investment for cash? No, I absolutely advice against investing large sums of cash into a single real estate investment. There are two reasons why not. First, you give away most of your profits by not leveraging your real estate investment. Second, it is far too risky to put every egg into one basket.
Let me explain the leverage issue for a moment. I will give you an example of a $100 Jeff Keppinger White Sox Jersey ,000 investment property that typically increases its value (appreciates) by 7% average a year. Maybe more, maybe less depending where you live. Paying all cash for this property will yield in a 7% appreciation profit plus the net profit from renting the place. Now you're looking at roughly 15% of returns.
If you're conservative with your investments you might be satisfied with this kind of a return. These days you might get equal or better returns with other conservative investments minus the hassle of being a landlord. But you don't mind being a landlord, because you understand and utilize the leveraging method with financing your real estate investment.
With the example above you will make roughly $15,000 a year in profits from your investment. Now let's take a closer look at what leveraging can do for you. Today a typical real estate investor can get financing as high as 95% - 97% of the purchase price. Occasionally 100% financing is available as well. But this would be totally unfair in this example to compare this with all cash purchasing.
15% return sounds like a lot Luke Appling White Sox Jersey , but wait till you see this. Let's assume that the rental income will cover all your expenses including the mortgage payments. Taking the same example from before your net return would be the 7% appreciation profits of your property. This would translate into a $7,000 a year profit. With a 95% financing in place you would get $7,000 return on $5,000 (your 5% down payment) invested. This is a whopping 140%
return on investment.
With the same $100 Harold Baines White Sox Jersey ,000 you can go out there and get 20 investment properties, finance 95% of it and make an amazing $140,000 profit a year. This beats the projected $15,000 profits with an all cash transaction any day.
Of course you will have a lot of trouble to get financing for 20 properties in a single year. Typically 5-6 new rental property mortgages are the maximum lenders will allow these days. This is the signal to get creative with your financing structures.
In this case sellers financing would be your key to achieve your goal of maximum leverage of your investment dollars. Despite the message from all these late night infomercials Nellie Fox White Sox Jersey , seller financing is harder to get than they want you to make believe it is.
It all depends on the seller's ability to offer seller financing and the seller's motivation. Only about 1 out of 20 properties for sale are able to get seller financing. That means that there's no mortgage balance on the property. From this narrow selection the seller must be motivated to sell under these conditions. This could be tax reasons, time constraints, personal reasons and many more.
As you can see this translates into a lot of work to achieve your goals. But let me tell you one thing. This separates the tire kicker real estate investors from the real go-getters. Wouldn't you agree that a little bit of hard work and determination is well worth it to build a real estate empire?
I think it is well worth the trouble and hard work. At the end of the day you keep building your real estate investment portfolio and sooner than later you will be able to cash in.
Sincerely,
Peter Dobler
(c) 2005
About the author:
Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner. Learn more about real estate investments at r send a blank email to mailto:suncoastrenttoown@
>What Future Undergrads Ought To Know About Student Loans And Online Resources
Posted by nick_niesen on October 29th Alcides Escobar White Sox Jersey , 2010
Navigating the student loan process can be a challenge, starting from ground zero. Since the federal government got in the student loan business in 1965, something like 65 million Americans have taken advantage of it. There have been several bills run through Congress over the years, creating a variety of loan programs - for students Jose Abreu White Sox Jersey , vets, returning students, and so forth. The primary government online resource for information on government student aid is basic information on what is available through federal programs, perhaps the most basic resource is the Department of Education's site entitled "Funding Education Beyond High School: The Guide to Federal Student Aid". It is a comprehensive resource on grants Ervin Santana White Sox Jersey , loans, and work-study programs which are the three major forms of aid available through the Department's Federal Student Aid office. This material tells you about the programs and how to apply for them. order to qualify for any sort of federal assistance and for most privately underwritten financial support, including that which comes through the school's financial aid office, you're going to need a FAFSA score. This ranking is produced through the process of filling out a FAFSA application and submitting it to the U.S. Department of Education Kelvin Herrera White Sox Jersey , which returns a valuation that shows how much loan money you will be eligible for and how much your parents are expected to provide in support. So the best place to begin your application process is through the FAFSA site: You can make an electronic applicatio. Wholesale Jerseys Cheap Wholesale Authentic Jerseys Wholesale Jerseys China Free Shipping Wholesale NFL Jerseys China Wholesale NBA Jerseys From China Wholesale Authentic NBA Jerseys Wholesale MLB Jerseys Free Shipping Wholesale Cheap MLB Jerseys Wholesale Custom College Jerseys Wholesale College Football Jerseys
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