Flipping Houses A Beginners Guide

Author: Hans Anderson //  Category: Mr. Foreclosure Aiden Win

Nothing wrong with wanting to make money in real estate flipping houses.

There is absolutely no shame in that at all!

Yet, you find yourself dreaming and fantasizing about making money in real estate more than taking the necessary steps to turn those dreams into reality!

What exactly are you afraid of?

You know for a fact that some people have become extremely wealthy from real estate transactions.

Many of the world’s most successful entrepreneurs have earned a large portion of their riches from real estate
dealings! Your dreams can easily become reality, even if you are young and inexperienced, when you learn how to “flip” houses!

I’d like to share a story with you about a friend of mine. We’ll
call her Tai. Tai made a fortune in real estate, beginning at the age of twenty, with no help from anyone else. Here’s how she did it:

Tai began by buying a pre-foreclosure, which allowed her to get into the house for no money down.

Tai lucked out when, on a whim, she decided to join the Foreclosure Insiders Club. This membership granted her access to exclusive listings of pre-foreclosed homes in her region.

Without even realizing it, Tai was already one step ahead than many seasoned investors and realtors in her area, who didn’t have access to this information.

Insider Access To Pre-Foreclosure Listings In BC And Alberta – UP TO 50% OFF!

Tai found her first property at the Foreclosure Insiders Club for
approximately $50,000 below market price. The property she found was in need of some renovations but not all pre-foreclosure and foreclosure properties listed through the Foreclosure Insiders Club were fixer-uppers.

Tai fixed up this property and sold it herself. At closing, she
had made enough profit to buy a second fixer-upper, but this time, she paid all cash.

Tai went right to work fixing her second house, and when she sold that one, she collected profit of $44,000, which allowed her to pay cash for her third house!

By now, Tai was comfortable with her formula, and within a short time, she had flipped her third house, realizing enough profit to pay cash for yet another house, as well as being able to buy the custom pickup of her dreams. And all of this had happened in the span of just nine months!

Tai’s formula was simple. She located houses that needed only
cosmetic work, avoiding those that required structural repairs. She did all the painting herself, inside and out, and updated the home’s lighting, plumbing fixtures, and carpeting. Once renovations had been completed, all three houses sold quickly, and at a significant profit.

Flipping houses is the most tried-and-true way to make a fortune in real estate, so don’t listen to anyone who tries to tell you that it can’t be done or that you need to have a great deal of start-up money. That’s not true. You can buy houses with no money down through various loan programs, and sellers will often help you with the closing costs.

I know what I’m talking about. My husband and I bought our 27th house earlier this year, for no money down, and we expect to make a profit of at least $100,000 for just one month of hard work!

But we take the process a step further, making our houses outshine the competition by also using Design Psychology, although our buyers never know that. All they know is that they feel good when they’re in our homes, which makes them want to buy them, even if they’re more expensive than the house next door.

There’s no other business that can make you as much money, with as little start-up cost, in as short a time, as investing in real estate.

In fact, more millionaires made their fortunes in real estate than in any other business. And you can do it, too. You just have to stop dreaming and get started.

To Your Success!

Aiden Win
Mr. Foreclosure

Canada’s Largest Database Goldmine Of Pre-Foreclosure Real Estate For Up To 50% Below Market!

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Mortgage Pre-Approval

Author: Hans Anderson //  Category: Mortgage Information

hansanderson1 Mortgage Pre Approval

One of the best things you can do for your self is getting a pre-approval

Getting a pre-approval for mortgage financing before you start to look for a home is the best way to go, whether you are buying a property to live in or as an investment

If you want a get a clear-cut sense of how much you are eligible to borrow then you want to get a pre-approval. A pre-approval will also assure you of a locked-in mortgage rate for a set period of time, so there is no risk of any interest rate increases while you are house hunting. When you use a mortgage broker, the broker may be able to obtain a longer pre-approval rate hold.

Remember that the property you intend to purchase – along with your supporting information (such as income, down payment and employment history) will have to meet the financial institution’s criteria to be approved for lending. An important note to remember is that a pre-approval is not a guarantee of financing, and does not eliminate the need to make a conditional offer. When giving details to your mortgage broker or agent be truthful, you don’t need to have your deal held up because you gave inaccurate information.

refinance loans

Kick Start Your U.S. Foreclosure Investing
Hans Anderson

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76 Woodward Street Rochester NY

Author: Hans Anderson //  Category: Sold Properties

This proper is now available: 76 Woodward Street Rochester NY.

Don’t Miss this Great Cash Flow Duplex! Purchase Price: $22,000 u.s.

Lot Size: 38 x 140ft. Assessed Value: $35,700

Square Footage: 1767 Rent: Apt. #1 $450, Apt. #2 $625

Rooms: 10 Water: $83 / month**

Bedrooms:Apt. #1 (1), Apt. #2 (3) Maintenance:$108 / month**

Baths: Apt. #1 (1), Apt. #2 (1.5) Insurance:$35 / month**

Heating: 2 Forced Air Gas Furnaces Property Management $107.50 / month

Taxes: $115 / month for 08/09

Utilities: Paid by Tenant (Separate)

Vacancy Rate 5%: $53.75 / month**

** Please note amounts are approximations**

Monthly Net Operation Income (NOI) = $572.75**

CAP Rate = 26%

Check out this great duplex! House has new roof and with some cosmetic upgrades estimated at approximately $5,000, it will be ready for new tenants! House has Certificate of Occupancy. The 2 units will provide great monthly cash flow. Contact us immediately as this opportunity won’t last!

If you are interested in this property, please send your contact information to manager@realestateinvestingfacts.com

Hans Anderson

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